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23 February 2025 | 15 replies
Maybe you can find someone local that would work 4-5 hours one day a week?
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27 January 2025 | 3 replies
Stay disciplined and avoid rushing into deals without thorough due diligence.Resources for InvestorsIf you’re new to investing in distressed properties or looking to expand your portfolio, consider leveraging resources like:Local Realtors: Realtors specializing in distressed properties can assist in locating off-market deals and navigating complex transactions.Community Forums: Attend a local investor meetup or join online forums for the Phoenix market.Educational Tools: Search out webinars, workshops, or courses on investing in distressed properties.Final ThoughtsThe distressed property market in Phoenix is creating some excellent potential for the right investors willing to go the extra mile necessary to take on strategic risks associated with this category of real estate.
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7 February 2025 | 13 replies
HELOCs on investment properties can be tricky since many traditional banks don’t offer them, but some lenders, and some local credit unions might be worth checking out.
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5 February 2025 | 6 replies
Local real estate agents are saying open it up still as the opening seems too small and makes the space feel cramped.
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29 January 2025 | 19 replies
You could also explore a jv partnership with a local investor.
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28 January 2025 | 4 replies
We've worked with local banks and been able to finance the three we own without any issues.I don't necessarily know if it's "beginner" investor friendly but you'll learn everything you need in the bootcamp which is the gold standardWe get loans with 3-7 year balloons and 25 year amortization typically
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4 February 2025 | 7 replies
I can feel that you have embraced the move and change. if you want to meet some local investors there is a meet-up next Tuesday. it's posted in the classifieds.
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30 January 2025 | 14 replies
As always, make sure to run the numbers carefully and factor in local property taxes and HOA fees, which can vary widely in North Texas.Delayed gratification is key in real estate investing, but with patience, the rewards can be life-changing.Best of luck with your search
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29 January 2025 | 11 replies
The PM will also fix things when needed, using local handymen or contractors, and collect the rent for you.
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2 February 2025 | 4 replies
I’d appreciate any feedback from those who can offer advice, but I’m also curious about what specific type of attorney or local resource I should reach out to for guidance.I’ve seen references to the Garn-St.