Dbltrplstuff, Home Buyer in Scottsdale, AZ

We are thinking of buying a home in north Scottsdale and renting it out for a few years until we retire and make it our winter home. Rental market?

Asked by Dbltrplstuff, Scottsdale, AZ Sun Mar 31, 2013

Property upkeep and rental mgmt not an issue, we are just wondering how many good renters there are for the area in price range of app. 2000 to 2500 month.

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Answers

7
Just discussed a rental of a north Scottsdale home with an owner this evening. They will be renting the home at $3,000 a month which includes pool maint, and landscape maint. They are seasonal visitors so their home is idle for many months out of the year until they can call AZ home permanently. Qualified renters are not hard to find and the screening process and security deposits will give everyone piece of mind.
Good luck with your decision making and feel free to contact me to discuss options.
1 vote Thank Flag Link Fri Apr 5, 2013
Great plan and strategy Finding qualified renters should not be an issue
There is some great inventory in north Scottsdale. Would be happy to help in your search.
1 vote Thank Flag Link Sun Mar 31, 2013
Like any city, Scottsdale varies by location. Its best to speak with an agent and boil it down by the location, the home size/price and that will help determine approximate rental value.
0 votes Thank Flag Link Fri Apr 11, 2014
Our rental market is hot and is expected to remain so even as the market improves. Renters who actually own a home they could not afford are now able to sell it. They are then able to buy. However our job market is improving as well and bringing 60k new people to our area each year.

Right now, we don't have the home inventory for them.

Home builders have not been building homes due to the downturn. They are now scrambling to build homes. However they are not able to meet the demand. Micheal Orr of the Cromford report stated that we have not see a new home housing shortage like this since WWII.

Contact us form more: ScottsdaleScott.com
0 votes Thank Flag Link Thu Aug 22, 2013
Your goal is very achievable.Below is a list of homes for sale in Scottsdale and Realtors in Scottsdale.

http://www.realtypin.com/house/scottsdale/arizona/united-states
Web Reference: http://www.realtypin.com
0 votes Thank Flag Link Wed Apr 3, 2013
Dear Dbltrplstuff; I know of a nice home in Grayhawk with wonderful tenants on a 2 yr lease at 1950. Would you be interested in something like that?
0 votes Thank Flag Link Mon Apr 1, 2013
This area is very desirable and generally at this price point you get good quality tenants. Of course you will need to decide if the return supports your investment goals.

I will be happy to discuss your plan and research the best properties.
0 votes Thank Flag Link Sun Mar 31, 2013
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