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Updated over 4 years ago,
Newbie Question - North Scottsdale AZ
Hello! Questions for investors regarding the N Scottsdale/Grayhawk/surrounding areas.
Quick intro - My husband and I are newbies and actively learning about REI. We both have stable jobs and like many, planning for the future with goals of achieving passive income and financial freedom. We want to use our income from our jobs to invest. We are relatively new to the area. We want to start with buying a residential home (3-4 beds/2+ bath 2300-2800 SF) for us and our 2 young children to live for at least a few years with the plan of holding and then renting it out in the future. We know prices are high in the N Scottsdale/Grayhawk area with likely low cash flow, but this is where we would like to live temporarily. We want to find something that would still hold value after 3-5 years.
What are your thoughts on renters perspective and desirability with regards to:
1. East/west facing ?
2. View of power lines ?
3. Backyard view of shopping building?
Also, what are your thoughts on the Anthem area for immediate investment? Or any particular areas you recommend ? Would prefer to start with SFH.
Thanks in advance for helping out some newbies! Appreciate any advice and feedback. Hoping to meet some of you this pandemic! Stay safe and healthy.