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All Forum Posts by: Adam Coburn

Adam Coburn has started 0 posts and replied 1 times.

Post: SFH investment in Phoenix metra area

Adam CoburnPosted
  • Realtor
  • Scottsdale, AZ
  • Posts 1
  • Votes 2

Congrats in your quest to find some great income producing properties in AZ @Steven C.! I'm a native here (not too many of us lol) but the market is excellent for long-term holds and we currently lead the country in net migration and price appreciation and consistently do! I was actually born and raised in Chandler and I'm a big fan of the SE Valley for investment properties (primarily Gilbert and Chandler). The SE Valley has an excellent, growing economy and there are numerous companies moving here or growing their current footprint. One notable company is Intel in Chandler who just finished a new fabrication production facility, a $7 Billion investment said to be the most advanced in the world, adding 3,000+ high-tech, high-wage jobs.

Many schools in the vicinity are regularly ranked among the top in the state, there are numerous opportunities for great shopping, restaurants, coffee shops, entertainment, parks, etc.

The rent/price ratios and cash flow/appreciation one can achieve especially in Gilbert (next door to Chandler) are excellent and I've helped clients purchase roughly 25 homes in the last couple years that fit the same model - relatively new (built in the last 10ish years - newer roof, newer HVAC, etc), reasonable HOA's (around $100 or less - which includes access to a community pool for tenants, front yard landscaping, playground/parks, etc), easy access to freeways, good schools, etc.