This is required for most landlords in the city, as part of the rental property registration program.

In 2023, we sold it for $245,000, achieving a strong return and leveraging the experience to fuel future projects.

Best of luck with your project!

Starting with a single-family can be a great way to start especially if you’re looking for a lower-risk starter project where you can get your hands dirty and learn a ton by doing.

@Matthew Brown, I am not in this investment, but I would love to hear what drew you to it in the first place: how you heard of Fairway America, why you ultimately chose to invest with them and in this project?

I just added solar to the project this year.

Based on how many people have moved here from other states (specifically California, Oregon, Washington, and then a few areas like NY/NJ) along with the amount of redevelopment projects and the chip factory that was put in - I think there will be further appreciation for the foreseeable future.Will Phoenix economy be depended on this chip factory?

I was ready to surrender because the actual numbers sucked compared to our projections.

An easy flip at 7-10% return might be more lucrative than a larger project that takes longer and more chances for cost over runs. 

It’s great to hear that you’re already working on a project to expand opportunities for real estate investors—that’s a fantastic way to immerse yourself in the field.As you dive deeper, here are a few things you’ll want to focus on to better understand how real estate investors analyze deals and make decisions:1.