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All Forum Posts by: Kelly Rao

Kelly Rao has started 4 posts and replied 13 times.

Post: Best markets to invest? Located in Phoenix

Kelly RaoPosted
  • Investor
  • Scottsdale, AZ
  • Posts 13
  • Votes 10

@Joe S. Hi joe! Thanks for writing. I’m planning to do a conventional loan. I’d like to see initial cash flow of $400-500 a month, and hopefully to have that increase over time with appreciation.

Post: How I achieved $100K annual cash flow in 2 years

Kelly RaoPosted
  • Investor
  • Scottsdale, AZ
  • Posts 13
  • Votes 10

@Cameron Lam

Hi! I am also in the Phoenix metro area and have been looking to invest either in SFH here or a vacation rental in Flagstaff. What are your thoughts on the current market? The entry prices are a bit scary since housing has gone up so much! I've seen how competitive it gets in Flagstaff too.

Post: Best markets to invest? Located in Phoenix

Kelly RaoPosted
  • Investor
  • Scottsdale, AZ
  • Posts 13
  • Votes 10

Hello! I am looking for my first rental property, either a single family home or a multiplex. I’m located in Scottsdale, AZ and we’ve seen pretty dramatic price increases all across the Phoenix metro area.

I was primarily looking at Phoenix for a possible rental but now I’m beginning to look elsewhere to see if there are other markets that have a lower cost to enter. What resources do you use to identify best real estate locations? Any folks who are currently entering the Phoenix market and if so - what areas?

Thanks in advance, happy to be here!