Phoenix is a hot market for housing investors due to its increasing population, healthy job market and steady demand for housing.Why Phoenix?

Variables that might change that number would be size of house, number of beds, extra duties you want the team to do (like fetch supplies) and perhaps the drive to a remote area. 

This is an appraisal supplemental form that would need to be supplied with the appraisal in the transaction. 

The investors that I work with are looking for good entry price, steady cash flow and obvious appreciation. 

With an average monthly profit of about $1,175 after expenses, it’s proving to be a strong investment.If your parents sell their home and want to move in, you’d need to weigh the trade-offs—losing that steady revenue vs. the stability of a long-term tenant.

.🏠 Mortgage Rates:January 2025: 30-Year FRM: 6.93%, 15-Year FRM: 6.14%January 2024: 30-Year FRM: 6.62%, 15-Year FRM: 5.89%Summary: The increase in new listings indicates a rise in supply year-over-year.

Through proactive maintenance, efficient tenant placement, and careful financial management, I optimized rental income and ensured a steady cash flow.

You would need to submit a material list to a local supply house, usually they require you to open an account and they ask for a TIN for a line of credit.

Everywhere I turn all I see are pitches for affordable housing and the same (not so) compelling arguments regurgitated by syndicators, capital raisers, brokers etc. for the investment strategy....strong returns...lower volatility....supply (huh?)

Do you let the tenant supply and pay for their own internet or is it recommended to offer internet and charge the tenant a flat fee?