All Forum Posts by: Johnny Dee

 Thanks - I think Maryvale and South Mountain probably wouldn't be "B" areas although there are spots in S. Mountain I think. Laveen and Tolleson - I wondered how rent demand would be in those areas so it's good to hear that you feel it's strong. Thanks. :)

Hi,

I'm looking for B class buy and hold rental properties in the valley - anything from Buckeye over to Scottsdale/desert ridge down to Gilbert/Chandler/Awhatukee. I have my own ideas about where to look and what to look for but I thought I'd gather thoughts/advice from the community if anyone is willing to offer advice.

What areas would you search in for strong cashflow in B class properties? If you want to categorize I'd say B class is rents from $1100-$1800/month in Phoenix - at least that'd be my definition, along with an area that doesn't look blighted (minimal/no graffiti, decent cars, etc).

What price range would  you target (i.e. $140k-$225k)?

To get decent cashflow in B class neighborhoods, are there any special criteria you'd use in a search (for example go 3/2 with HOA less than $75/mo - something like this)?

Any other tips/tricks/advice?

I probably need to find property that has a monthly rent equal to or greater than .8% of purchase price. I'm also probably going to target newer houses - maybe 1995 or newer.

Thanks for any help.

Interesting posts. Does anyone know how to realistically get started as a listing REO broker for Hud/fannie mae, or a big asset manager?

Hi,

I'm looking for a realtor to list an investment property that I have in Indy on the east side in 46235 zip code. Any recommendations?

Thanks

Hi,

Can anyone recommend a company to install hardwood floor and another to refinish kitchen cabinets in the North Valley (Phoenix/Anthem)? I have a handyman recommendation but am wondering if a company specifically devoted to flooring or cabinets might be able to get me a better price/job-done?

Thanks

Hi,

I need some basic stuff done in a houser in N. Valley area: hardwood flooring, cabinet refinishing, faucet replacement, toilet replacement, and a few other very small things....all during mid to late November.

Can anyone recommend a contractor who could do these things reliably and at a reasonable price?

Thanks