Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Noah Corwick

Noah Corwick has started 7 posts and replied 218 times.

Post: Fix and Flip

Noah Corwick
Posted
  • Realtor
  • Phoenix, AZ
  • Posts 221
  • Votes 101

As a UofA alum, I applaud you for this flip. Heck of a job Devin! 

Post: New To Real Estate

Noah Corwick
Posted
  • Realtor
  • Phoenix, AZ
  • Posts 221
  • Votes 101

Hi Darius!

To start, I would try to pinpoint what area of RE investing you'd like to focus on. In my experience, this is the part that typically hangs new investors up the most. 

Cheers!

Post: young real estate investor starting out looking for any guidance!

Noah Corwick
Posted
  • Realtor
  • Phoenix, AZ
  • Posts 221
  • Votes 101

Hey Hunter. 

Sounds like you have the drive and hustle to get started. It's also uncommon that you already have a plan in mind for how you intend to get started (with flips). Most struggle with choosing a direction. 

Cheers to successful investing! 

Post: Off Market - 5 Storage Unit Locations for Sale!

Noah Corwick
Posted
  • Realtor
  • Phoenix, AZ
  • Posts 221
  • Votes 101

Hi BP!

I have an off market storage unit opportunity in Wisconsin. 

There are 5 locations in total that are being packaged together, or can be sold individually. They are a mix of outdoor and indoor locations. 

They currently have an average Cap rate of 6%, but has a projection to a 9 Cap once a few additions are completed.

The amount of storage units at each location is:

40 / 250 / 255 / 64 / 180 - Total: 789 Units

Please let me know if you're interested and would like to be sent the Proforma and full analysis. 

Post: About to close on our second investment property

Noah Corwick
Posted
  • Realtor
  • Phoenix, AZ
  • Posts 221
  • Votes 101

Way to go Armando! Better to buy now before rates go down, price go up even more and crazy bidding wars return. 

The buyers who couldn't buy during Covid will come back with vengeance. 

Post: New to Real Estate and Investing

Noah Corwick
Posted
  • Realtor
  • Phoenix, AZ
  • Posts 221
  • Votes 101

Welcome David!

BP is a wonderful place for gaining knowledge and building your team as you start out in RE investing. 

Cheers to successful investing! 

Post: Hello, My name is Miciah and I am glad to be a new member to the community

Noah Corwick
Posted
  • Realtor
  • Phoenix, AZ
  • Posts 221
  • Votes 101

Welcome Miciah!

Multi family properties here in the valley are tougher to come by than a lot of other states.  Definitely do-able, but good deals good scooped up quickly. Just have to move quick or get a bit creative with them. 

LTRs are likely the path to least resistance in PHX and might be a good starting spot. 

Best of luck! 

Post: Hello BiggerPockets! New PRO here

Noah Corwick
Posted
  • Realtor
  • Phoenix, AZ
  • Posts 221
  • Votes 101

Hey Chad. 

Welcome to BP! Definitely a lot of great info on all of those topics here for sure. 

Now is a solid time to start strategizing your plan of attack before rates go down and AZ turns into a madhouse again. 

Best of luck! 

Post: Are Condominiums a good investment

Noah Corwick
Posted
  • Realtor
  • Phoenix, AZ
  • Posts 221
  • Votes 101

I echo the other comments already posted. 

One other note about condos in PHX is that your exit strategy needs to be accounted for even more with condos. Most condos in the valley are not FHA approved. Currently there are only 124 communities approved at the moment.

So if you end up needing to sell it in the future, would be a hinderance since it would eliminate FHA buyers all together + even some conventional buyers too.

If you do invest in a condo, I would suggest looking at if it is approved or not ahead of time. The approvals are always subject to change at any point, but at least you would know what you're getting yourself into ahead of time. 

Post: Is Home Warranty Worth it?

Noah Corwick
Posted
  • Realtor
  • Phoenix, AZ
  • Posts 221
  • Votes 101
Quote from @Bruce Woodruff:
Quote from @Noah Corwick:

Hi Bruce. If you don't mind me asking, which home warranty company do you use? 

Old Republic.

 Thanks Bruce. I've heard solid things about them. I appreciate the insight.