Ann Griffin,
Agent, Mesa, AZ
Single family home rentals are hot right now. After all, those unfortunate people who lost their homes still have to live somewhere! In fact right now it is tough for a buyer who needs a mortgage to write a competitive offer for lower-priced homes, and this is pushing some of them who'd prefer to buy, to rent instead because they just can't get their offers accepted. So it's working very much in favor of the investors right now.
Ann Griffin
480-789-9584
ann.griffin@pruaz.com
Ann Griffin
480-789-9584
ann.griffin@pruaz.com
Web Reference: http://www.PieceOfArizona.com
The Urban Team,
Agent, Phoenix, AZ
Many of the investors we've talked to are happy about the ROI on their homes. CAP rates well above 10% are common for those who bought right. I am sure many didn't do so well since property management is a tough and competitive business, especially when the job market is sluggish and there are a lot of unemployed folks out there.
Web Reference: http://www.greatinvestmenthomesaz.com
Steffy Hristova,
Agent, Tempe, AZ
The rental market is pretty healthy - there is demand, and properties rent fairly quickly. Most proprieties bought in the recent months are cash-flowing.
Are you looking to buy or to rent?
Are you looking to buy or to rent?
Web Reference: http://www.talktosteffy.com
