INVESTMENT OPPORTUNITIES IN RESIDENTIAL PROPERTIES

Some investors may be looking for a place to spend the winters away from the snow and ice. Arizona winters are considered most pleasant, usually shirt sleeve temperatures.

Personal residential properties abound throughout the state. A short discussion with you will point us to the area most suitable for you.

If you are looking to invest in residential properties, Arizona is a great place. Our Landlord/Tenant laws are simple, clear and favor the landlord. The one certainty in real estate is that people will always need a place to live. We categorize the type of residential living spaces in several ways. All residential properties held for rent are considered commercial properties.

"This place will continue to be one of the best housing markets in the world." ....... The Arizona Republic, 03/27/09 ....... more

Pre and Post foreclosure and Bank owned properties Phoenix has experienced a lot of foreclosures in the last year or so. Real investor opportunities now exist in single family residential, townhomes, and in some multifamily properties. For the first time in many years, rental properties can be purchased then rented for a positive monthly cash flow.

Single Family Detached (SFD) These are the typical family home for one family. Arizona offers a wide range of sizes and price ranges. There is a need for this type residence in the rental market, most especially in the smaller homes (under 2000 square feet).

Duplex This is a single building with two separate living spaces. Typically these are rental properties unless it is located in a senior living community (55 year old or older residents).

Tri and Four plexes Most always these are rental units, although keeping one for the owner’s vacation place in the winter is not uncommon.

Garden Apartments Single level rental units usually with very small yards or enclosures.

Townhomes Side by side construction with ownership of the land beneath it and a proportional interest in the common areas such as pool, parking, play grounds, parks, etc.

Condominiums Side by side or over/under construction with ownership of the interior only plus a proportional interest in the common areas such as the pool, parking, play grounds, parks, etc. This is more like apartment living.

Apartment buildings Multi level, multi tenant rental units of a variety os sizes. Apartment buildings in Arizona tend to be two stories, three at most with more land involved than apartment buildings elsewhere in the world. The number of units varies from a few to several hundred.