All Forum Posts by: Mason Weiss

Hey BP community in AZ! I am getting together when other real estate investors for coffee this upcoming Saturday morning. Very chill environment and we will just talk through recent deals and the market. The goal is always to help each other out in any way we can with ideas, strategies, and personal growth.

Come and join and bring a friend!

Have you considered house hacking? 

Hey Larry, I can help as I use a CPA that has set me and my client's up with cost seg studys and analysis. Shoot me a message if you are interested.

I would add photos of the amenities, your listing mentions a community pool and golf course, I would showcase both of those for listing appeal.

Hey Gaurav,

I can interview. Just sold a cash flowing 4 unit to an out of state buyer from LA last month and I am very familiar with the inventory right now. I will shoot you a message.

If you are looking to build connections in the real estate investing space, then join us for coffee and networking. This event is limited capacity so that true relationships can be built as we strive to help each other with our investing goals.

Whether you are a seasoned investor or just starting out, this meetup will offer valuable insights and connections. You'll have the chance to meet like-minded individuals who share your passion for real estate investing, and talk strategies and deal flow in the current Arizona market.

Quote from @Rodney West:

Looking for some feedback on an idea I’ve been considering.  I have an older single level 8-plex on .75 acres near downtown phoenix.  The existing buildings only occupy the front portion of the lot, leaving about .4 acres of vacant land.  Is it worth the effort to build another 12 units on the same property in this market?  High construction costs and interest rates?  I have zero experience in this area and I live out of state. Thoughts?

In theory it is worth it, but you need to REALLY want to make this happen. With having no experience and being out of state, is this want you want to take on? Or would you rather sell and invest more in your wheel house? Depending on your job, family, and other commitments can you afford to spend a ton of time in AZ while this is going on?

Might be more worth it to sell to someone else and let them take on the project or keep rolling with the 8 units.

Quote from @Milan L.:

Hi, I am new landlord here and recently rented out a house. The tenant asked for replacement of the stove burner grate due to grease covered. It costs about $200. There is no functional issue to the burner and rather seems to be cosmetic. Please advise if this is reasonable to change. Thanks.

just a side note, the tenant has requested first month free rental, windows coverings (not satisfied with the new blinds being provided), and free utilities for 5 days. We have try to accommodate all the items she pointed out, but this seems to be unnecessary.

 It is one thing to offer incentives upon signing the lease, another to roll over at every request. I would see if you could clean the stove grate before replacing it. However, if the tenant is adamant, it might be time to say enough is enough. 

Hey BP, if anyone in the Phoenix area is interested in grabbing coffee and discussing real estate, mindset, or personal growth let me know! 

I've met so many great people through BP and it honestly has changed my life over the last 3 years.

If you are interested shoot me a message or leave a comment and we can find a coffee shop in between where we live.

I prefer San Tan Valley. Queen Creek has been booming the last few years and San Tan Valley will continue to see dramatic growth over the next decade. Plus, it is a very family driven demographic which leads to tenants staying in properties longer.