Arizona’s Remodeling Experts

Two years ago you couldn’t go wrong !  That is what most people thought. Now that the market has crashed a lot of want to be investors have lost their shirts or are losing them. Being in the Real Estate field has helped me scratch my way up little by little. When you start with nothing is when you call it scratching.

The smartest investors are the ones that listen and act on good advice. You must also be able to carry your investments. Unless the market is on fire and you are in the up swing, should you take a risk without the were-withal to carry the investment for awhile.

My highest earning client started with 150K land investment, a 25% down-payment. Taking my advice rolled in and out of properties for three years. He now is holding properties valued at over  3.5 million. We sold enough to purchase others and hold the balance.   He listened and acted on the right suggestions.

When your a scratcher, like myself you need good ideas. Then you need a good client that will give you time to share with them your knowledge. If they trust you and act, not only will they benefit greatly. You will compile a little more for your self.

Lots of investors are out buying houses that have come up for auction or have dramatically dropped in value. With tenants the holding cost are easier to handle. You just have to become a landlord. Houses will rebound, but I believe at a slower pace. Probably 2% per year. This is what it has been historically.

I have never been a huge fan of auctions due to the following reasons. The auctions have a reserve just like on eBay. So if you win the auction and your bid is lower than the reserve you have to match it. There is also a fee usually 5% for the auction house. Then on top of that. Most of the homes are in less that top condition. This means repair cost to bring the property up to rent-able condition. After you add up the total cost you could have hooked up with a licensed Real Estate Agent. Who knows how to find great properties in good condition for the same price if not less.

This  follows the same rules mentioned above. You don’t need to beat the bushes looking for that steal. Their are professionals that can lead you to the right properties. With  good common sense you can analyze what they have to share with you. Act and you will benefit!