There are several questions that would need to be addressed in order to best direct you. However, in most cases, the price of homes/condos in Scottsdale will be more expensive, but will yield a higher return.
I will be happy to discuss your options. Feel free to contact me either via email: email@example.com of cell phone: 480-6205738.
Teresa R. Fahl, Realtor ~ Fine Homes Specialist
Prudential Arizona Properties ~ Troon North
28190 N. Alma School Road, Suite #111 | Scottsdale, AZ 85262
Email: firstname.lastname@example.org | Cell: 480.620.5738 | http://www.TNTFineProperties.com
$154k rehabbed it listed it last month, it sold in one day for $315k. Not a bad turn in my opinion. Also rent are very good in the area if you are looking to hold. Let me know if I can lead you to the path of riches.
The best place to focus is where you'll make your required return. Every investor is different and is looking for a different yield. If you want to buy and rent what is your required cap rate as different parts of the valley will vary in that number. Flipping? that number and strategy is different. Of course it depends on how much you have to invest as well. I need to know what you want to make and how you want to make it to give a better answer to your questions.
AZ Real Estate Consultants
Keller Williams AZ Realty
Thanks, and best of Luck,
Marlys Rollins, REALTOR, CDPE, CIAS, SFR, ePRO
Phil Griffith, Assoc. Broker
Russ Lyon Sothebys
If you are ready to invest, now is a great time to start. The market is strong and looks to continue in that direction. Interest rates are low so you can maximize your leverage. Also, home prices have only bounced back to 2003 prices, so there is room to appreciate. Good luck with your venture.
The current Phoenix real estate market presents an excellent opportunity for investment and I specialize in helping investors like yourself identify properties for your needs.
Steffy Hristova, MBA, SFR, RealtorÂ®
Tel: (480) 966-9353 Fax: (602) 507-3703
3131 E. Camelback Rd. #125
Phoenix AZ 85016