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All Forum Posts by: Patrick McCandless

Patrick McCandless has started 18 posts and replied 184 times.

Post: New Investor from Bay Area CA

Patrick McCandlessPosted
  • Residential Real Estate Broker
  • Paso Robles, CA
  • Posts 191
  • Votes 55
Welcome Albert. I'm also new to the Bay Area and BP. Looking forward to learning along with you.

Post: Reliable Contractors in Phoenix, Arizona

Patrick McCandlessPosted
  • Residential Real Estate Broker
  • Paso Robles, CA
  • Posts 191
  • Votes 55
Hi Matthew, Trusty contractors are something I'm always looking for... even if/when I already have 5 that I trust. PM if you want some recommendations. -Local broker

Post: My first investment! Good or Bad?

Patrick McCandlessPosted
  • Residential Real Estate Broker
  • Paso Robles, CA
  • Posts 191
  • Votes 55
I feel like your numbers are extremely conservative, but that's better than the opposite, right? This must be somewhere between about Thomas-202 for the rents to be that low and even that still seems really low. Water estimate is high as someone else mentioned as well. If Scottsdale units are in good shape and priced well the vacancy rate will NOT be 10% either. Definitely following your journey though buddy. Pulling for ya!

Post: First time investment; condo or house?

Patrick McCandlessPosted
  • Residential Real Estate Broker
  • Paso Robles, CA
  • Posts 191
  • Votes 55

Hey Torey,

This thread is fun already as I'm from Ventura County originally, lived in Tahoe for a couple years around 2007-2009, moved to Scottsdale and lived there 2009-2015, and now live part time in Walnut Creek (way too expensive). So I know your pain, Torey, with the hard to reach cash flows in California, and Krista, I'd love to hear more from you regarding your experience/view on Scottsdale's market. Either way, hope to network with both of you for future successes.