Would love to learn estimates of cost to build per sq ft in Fountain Hills AZ.

They will also build a bridge across Sunset Hills Road, improving the walkability of the Town Center to the metro, and invest “several million dollars” into improving the main Fountain Square in the Town Center.

@Brandon CraigIf they have a 40% annual return in their PPM and offering info run for the hills.

Andrew, comps can be hard in Chapel Hill with less volume to go off of or in your case maybe a specific floorplan layout. 

Average rent was $1,981. 180205 (Cole, Whittier neighborhoods) - Rents increased 38.50% from 2011 to 2020, going from 13,499 renters in 2011 to 18,691 renters in 2020. 280247 (Windsor neighborhood) - Rents increased 31.80% from 2011 to 2020, going from 15,551 renters in 2011 to 20,493 renters in 2020. 280222 (Denver, Cherry Hills Village) - Rents increased 47% from 2011 to 2020, going from 8,446 renters in 2011 to 12,416 renters in 2020. 280202 (Downtown, Union Station area) - Rents increased 81.30% from 2011 to 2020, the fastest growing among the zip codes mentioned, going from 6,185 renters in 2011 to 11,214 renters in 2020. 280206 (Cherry Creek, Cheesman Park, Congress Park) - Rents increased 1.4% year-over-year as of 2019, with average rent of $2,454, the most expensive in Denver. 1For the Denver metro area overall, rents increased 0.2% from January to February 2024, a similar growth rate compared to the same period in 2023.

To start house hacking, research neighborhoods like Lawrenceville, Bloomfield, and South Side, while for multifamily investing, consider East Liberty, Squirrel Hill, and surrounding suburbs.

Hi Will,MY partners and I work in Upper Darby, Drexel Hill, Ridley Park, and Springfield.

Avoid multi family properties in areas in Cov and Newport that you would not feel comfortable walking through at night, which is most everywhere there except up on the hills.

Are there enough red flags that I should run for the hills?

For context, I'm a silent investor who provides the rehab's renovation budget.