All Forum Posts by: Nick J.

@Greg Johnson, the above are great answers. I'm assuming you're using Pioneer Title up here on Payson? They will help you with the title insurance issue on whether it being void or valid when transferring to a LLC. The question on whether cash or financing is key here.

Welcome to BP @Kevin Kite. Apartment investing is a great choice in the Phoenix market. A lot of incredible information here on BP but it seems you have figured that out already. 

@Preston White, your name seems familiar. I believe we have a mutual friend, Phil Hopkins?

There is a ton of advice here on BP to help you out with all aspects of your goals. I agree with most in that starting, consider what your long terms goals are and then plan for that. It may not make sense to start with an LLC but search here on the forums, gain additional information then sit down and interview a few different tax planners in the valley.

I'm not sure this is what you're looking for but it may apply or at least be helpful. The Nation Association of Realtors does a lot of localized market research and publishes it online. You would go to Realtor.org (not .com as that is for consumers). At the top of Realtor.org they have a Research and Stats tab. I have poked around in there before. Hopefully they have what you're looking for.   

@Jayden Pudney, I'm confident most, if not all your questions are already answered here in the forums. There is a ton of people here on BP from the Valley. 

I would also suggest connecting with a few here and I believe there is at least one or two meet up groups here on BP for the Valley, even one for Tucson too, I believe. 

@Dana Hogue, welcome to the BP Nation! I have a client that seem identical to you. If you like me to connect you two, just let me know, no skin off my back. 

Rentals are red hot in the west valley right now. I find it insane how much tenants are willing to pay and how incredibly fast they go. I've been a fan of turn key rental flips in the west valley for a while now. Great area for that. 

@Joe Vettorel, leverage what you have into another income producing property would be my first and quick response. 

Welcome @Jacob Tracy! Interesting position you seem to be in, one of which seems like a win either way. My .02 cents would be to go after the income producing property. Like Richard said, a VA loan on a multi is absolutely a win/win. I keep seeing a bunch of multi's that would work incredibly well in our market, here in Phoenix.

 I've said this a few times. With Quads being really affordable, it is an incredible opportunity to do just that! 

Welcome to BP by the way. I've been here for years and it just keeps getting better and better. 

@Jason Walke, I was born in Stuggart to military parents myself. Made it stateside when I was 5. 

I don't have any additional advice but I do sincerely thank you for your service!