All Forum Posts by: Wilson Liu

Hi All,

Similar to Ali, I live in California and don't feel comfortable with properties out here as they probably won't cash flow.

I have been looking for the past month at properties in the general Phoenix area.  For those already investing or are agents in the area, I'm wondering about some specific neighborhoods where I've found potential.  What grade would you give these areas:

Ambassador Heights, Maryvale, Sunnyslope, West Mesa

Any insights appreciated!

Hello all,

Just joined the community and I'm a newbie who hasn't started purchasing properties yet.  Hoping to learn a lot from others here. 

Something I came across that may be an easier way for me to break into real estate investing is being the capital.  A company in my area that typically purchases, fixes, and manages commercial properties in cheaper markets is planning to assist in the build and sale of a tract of townhomes in southern California.  They are issuing debt notes for a 24 month term and 12% interest.  I don't have all the details yet as they are still finalizing terms of the agreement. 

I'm wondering if others have invested this way before and if this seems like a reasonable return. The company is relatively young but appears to have good management and finances. I currently invest in some of their commercial properties they issue as REIT with a 6% dividend payout. I would assume these homes would sell in a hot real estate market in SoCal. It seems a little like lending businesses money through Lending Tree but I haven't seen rates as high as 12% for good credit borrowers there.

Any feedback and advice would be appreciated.