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Updated over 13 years ago,

User Stats

18
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0
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Gary O'Neill
  • Real Estate Investor
  • Phoenix, AZ
0
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18
Posts

AZ Real Estate Investing

Gary O'Neill
  • Real Estate Investor
  • Phoenix, AZ
Posted

I am a Real Estate Investor/Broker/Auctioneer from Chicago recently relocated to Phoenix, AZ for this golden opportunity. AZ is #3 in the nation in foreclosures with 1500 per week in Maricopa County alone (Phoenix Metro Area). I have 27 years experience in ivvestment Real Estate with 20 years exclusively in foreclosures. They happen in all economic times and in ALL neighborhoods. There's usually a pattern Divorce, job loss or medical (who plans for a heart attack or a car accident that can change your world in the blink of an eye.). In Illinois people can drag it out for years through the judicial system. AZ is more friendly. Missed payments for 90 days, Trustee Sale in another 90. Case closed. Landlords have more rights and a quicker judicial system, too. This is the wild West!! I have book knowledge with a Finance/Accounting Degree from ASU right here in Tempe, AZ (great school) and #1 in the nation with 68,000 students. Tuition is remarkably affordable at $7,000/yr attracting out of stat and out of country students. My son the Real Estate Attorney in Chicago went to Univ of IL undergrad at $38,000 per year and DePaul Law School at $52,000 per year. Investing in yourself (especially education) is the best investment you can make. I have an MBA from Univ of Colorado, Boulder and will be soon starting my second masters in Computer Science. Let's face it folks, we're in the Facebook generation ans Computers "Ain't" going away. Internet and Real Estate combined is the paradigm shift of the millennium. [REMOVED] After that, I don't know about you but I plan to be set for life able to do whatever I want and have the TIME to do it. It's lonely at the top, [REMOVED] Traditionally California investors have always been #1 in purchasing AZ property (it looks so cheap to them...[REMOVED] You can see why I moved here and why I'm so excited/
. I've never lost a dime in Real Estate. Going through my divorce in 2006 I was forced (kicking and screaming) to sell my 21 properties which we did in six months for top dollar. Who knew? Not me, I'll admit. Just lucky. Now I want to buy everything in site but have limited resources. TEAM (Together Each Achieves More). [REMOVED]

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