All Forum Posts by: Noah Corwick

Hey Josh!

I could use some pointers, as I whiff too many times to admit at TopGolf haha. 

It sounds like you are aiming to be a buy and hold investor, but I would recommend shoring up your investing strategy. 

Is there any particular reason why you are looking at PHX or Tucson specifically? 

Hi Ashni, 

It'll all depend on what parts of PHX you are aiming to be in and what your investing strategy is. 

A SFH for $400k would likely land you in Glendale, Peoria, Mesa, Apache Junction. Slightly outside of PHX you could buy into San Tan Valley, Queen Creek and Casa Grande. So just depends on how central you want to be.

A few benefits of a Townhouse vs a SFH is that most Townhomes will be less expensive, and a lot of their HOAs cover the exterior and font landscaping of the home. IMO if you can get a SFH, get a SFH though.

Hi Torin, welcome to BP!

Have you been able to hone in on the RE investing strategy that you feel makes the most sense for your situation? There are a lot of different ways to start investing, so trimming the fat on the direction is a great beginning. 

Hey Mark! 

I might have just the lot for you actually. 

I'll shoot you a DM. 

Hi Christopher, 

Welcome to BiggerPockets!

That's great that you know the investing strategy that you'd like to execute, as that's often part of the initial battle.

Best of luck with your RE goals! 

Likely. Hopefully the buyer will be open about this if you ask, but you never know these days. I would work something into your future contracts or draft up an addendum about prohibiting contract assignment. 

That sounds like a great lot! 

Hi Raquel. This smells of a wholesale deal. They are trying to hide what their assignment fee is. 

Hi Polen, 

I agree with the other responders, house hacking is an ideal way to get into RE. It kills many birds with one stone (you get a place to call home for a bit, while others pay the mortgage and you continue to build equity). 

Multi family is much more difficult to get into, as AZ is more geared towards apartment style living quantity wise than duplex/tri/quad living. The inventory and price point are just not there. An alternative is purchasing a SFH that has a casita/guest house built, or a SFH with a shed/detached garage that can be converted into a casita/guest. By doing this, you are essentially building your own multi family property. I am actually helping a first time home buyer do exactly this as we speak.

Hope this helps! 

Hi Gladys. 

Congrats on getting the new home under contract!

Being represented by the home builder's team can be a bit sticky, since those agents don't have your best interests at heart (they literally work for the builder). I would be very cautious and read everything carefully. Time and time again I hear buyers of new construction getting taken advantage and feel that they are unrepresented. 

I would definitely use your own Title company if possible. I would 1000% get your own 3rd party inspection done. Anyone that the builder picks will be biased and not come in with fresh eyes. 

Best of luck! 

Adam Dube Roofing & Repair - Adam Dube - 623-755-3638

Tell him I sent you!