Phoenix Real Estate Forum
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago on . Most recent reply

Best neighborhood for air bnb
Hey guys, I'm an LA investor who is looking at buying a 3/4 units to air bnb in the Phoenix area. I'd love to get in contact with someone who can give me some advice. I want to narrow down a couple of areas that are up and coming with new coffee shops, restaurants, and bars. Also I'd love to chat with someone who already has units online and can possibly mange my units in the future.
Any info will go a long way.. thanks!
Most Popular Reply

Personally, Gilbert would be a great area to look into first. First off, Gilbert is approximately ~$150,000 cheaper in median home value compared to its Scottsdale counterpart.
Downtown Gilbert has changed dramatically in the last couple years. The downtown area has added some very popular AZ specific restaurant/food chains like Dutch Bros, Postino East, OHSO (brewery), Joyride Tacos & Tequila, Whiskey Row, Culinary Dropout (to open soon), and more.
Tempe and Scottsdale are within reasonable Uber/Lyft distance. We are talking <$15-20 range or cheaper.
Mill ave, Tempe's very popular downtown, is about 15 min drive.
Old town Scottsdale, Scottsdale's very popular downtown, is about 20-25 min drive.
The best part of Phoenix is how easily accessible everything is...does not take very long to get places, especially in Gilbert since the town is right off the 60 and 202. Plus, Gilbert is centrally located in the "East Valley".
As for hiking destinations, Gilbert is super close to South Mountain and closer to the Superstition Mountains than Tempe or Scottsdale.
Thanks,
Christian