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All Forum Posts by: Gavin Welch

Gavin Welch has started 1 posts and replied 2 times.

Buying & Selling Real Estate

Post: Investment Property in Gilbert, AZ.

Gavin WelchPosted
  • Posts 2
  • Votes 0

Thank you everyone for your replies, you guys are awesome. I need to do some further analysis. I am still very bullish on Gilbert but agree there are better deals to be had. 

0 Votes
Buying & Selling Real Estate

Post: Investment Property in Gilbert, AZ.

Gavin WelchPosted
  • Posts 2
  • Votes 0

Hi All, My wife and I are new investors and looking to purchase a rental property close to downtown Gilbert, Arizona. We understand the market is ridiculously hot right now especially in this area but love the growth potential due to growing population in the area and great schools for a long term rental. This is a buy and hold long term opportunity and we would be paying 6% over asking price and only cash flowing $125.00 a month. Purchase prices in Gilbert are up 30% YoY. Does this seem like an investment we should move forward with? 

0 Votes