Some areas worth looking into:Centrally located neighborhoods like Alhambra and parts of Maryvale still have affordable properties with strong rental demand.West Phoenix (Tolleson, Avondale, parts of Glendale) offers good price points with room for appreciation.South Phoenix is seeing a lot of development and has solid long-term potential.Mesa and pockets of the East Valley can work, especially if you find something that needs light rehab but has strong rental demand.It’s definitely tough to get both cash flow and appreciation in today’s market, but if you’re strategic with your buy, rehab, and financing, BRRRR is still doable in Phoenix.

Where are you buying your rentals?

same with us, we study infill every day though through case examples. the best part about infill is no risk. buying lots like what builders are doing even national builders still are shifting the risk to local land developers. my recommendation is to look at permitted uses, price per acre, etc. if you want lower risk buy a larger tract of land from a large developer out of a 100+ acre development to lower the risk. if you are doing it from scratch work with a group who's doing subdivisions. you can go and read the subdivision plats in your recorders office online every county has one. in columbus where I do the majority of our development we are specifically starting to target zones where the economics are also favorable.

I was okay with consistent cash flow without much appreciation especially when considering a portfolio of property as opposed to buying one unit at a time.

Hey BP community,
I’m looking at a short sale property in Florida and considering making an offer. I’ve never done a short sale before, so I want to make sure I’m not missing anything important.
For those who have b...

At some point you buy and fix up real estate to eventually sell it and live the life you desire.One piece I would make sure to consider is the current condition and rents for the duplexes before you put them on the market.

Would it be better to buy with a Land Trust?

I work with a ton of new investors as a realtor the #1 way to get started is just find a 2-4 unit in decent shape and buy it low down with conventional financing 5-10% then you can live in it for a year and do another next year.

When buying real estate why does cash flow matter if you are getting $100+ per month and it seems such a small amount to generate any wealth?

Investment Info:Small multi-family (2-4 units) buy & hold investment.