All Forum Posts by: Jackson Harris

Hey Kathy, I agree with most other commenters on here. If you have something that has appreciated that much and you're cash flowing I'd hold onto it if you can! 

Use some of that equity to buy another property if you want, but selling I wouldn't say is your best option. I have an STR in Glendale and cash flow because of that, but if it was an LTR I'd have a little bit of negative cash flow so I'd recommend holding onto it especially with all of the new development in Glendale.

Hi Tom, I'm in the AZ market would love to connect and learn more about your background. 

I'll shoot you a PM.

Hey Brian congrats on getting your license! 

I'm in the Phoenix market as well, mainly working with investors. Would love to connect and give you some insight into some options I looked at before deciding on the brokerage I'm at now. I'll send you a PM

Hey Matt, I wouldn't say it's a deal breaker but it depends on the target market for this property. If you're trying to get traveling nurses or single professionals then the tub shouldn't be a deal breaker. 

If you're looking to target a family with young kids or older folks then you may want to consider it a little more in depth as these people may need a tub. Since you have one in the hall that should be fine either way though honestly. If you were in Sun City with the older population it may be a deal breaker but I don't think so in Mesa.

This is awesome Aaron! 

I'd love to connect sometime, I live in Phoenix and work with mainly fix and flippers. Would love to hear about some of the challenges you had, local contractors and suppliers you used, and see some more of the before/after. 

Hey Natasha, I was looking for the same type of properties in the area just a few months ago. Have a few areas in mind that typically have good options. 

Definitely areas you can break even or cash flow on multifamily properties here, message me and I'm happy to get on a call!

Hi Anya, my partner and I have an STR out in Mesa and are closing on another in the next few weeks. Happy to add some insight into that market, feel free to reach out to me!

Hey Jimmy, feel free to reach out there's a few different avenues you can take. Like @Jeremy Holden said above, sub2 could be a good option for you, he's a great resource to lean on in this market as well.

Hey Josue, happy to connect, I was looking for multifamily just a few months ago and have some good areas in mind down here!

Shoot me a text, would love to grab coffee, always good to have some local connections!

 Yeah good point, usually in installments when milestones are hit. Like ok the bathrooms are done, pay them a certain amount. Or you can do it the other way where you give them the money piece by piece for them to use for materials, then you pay for labor after it's completed. 

Once you do have a good, consistent contractor you work well with you can also try to have them buy into the deal so they get a percentage of the profits and they put money in the deal. Or they're incentivized to get the project done by a certain date and they will get x in return - keep in mind that can be a slippery slope if they rush to get things done and cut corners.