In the current Real Estate market, projected foreclosures are going to produce a high demand for rental properties. Families who lose their homes are going to want to remain in the same school districts, near their jobs and around friends and family. The only alternative that many will have is to rent a home until they can repair their credit and save enough money for a down payment on the purchase of a new home.  This will mean longer term rentals and many more rent-to-purchase contracts. An investor, purchasing a home at the right price, could make the mortgage payments with the monthly rent and take advantage of the tax write-offs and interest deductions. In other words, a positive cash flow from day one. 
As the market rebounds and home prices start to rise, the investor will gain equity in the property and at that point choose to sell the home for a profit or use the equity to purchase another rental property and so on... With over 50,000 homes on the market in the Phoenix area today, finding an investment home at the right price has never been better. We personally have been buying and selling my own investment properties in Phoenix for the past 5 years. I know the market and can help you get started. Please contact us if we can be of service to you. 
ARIZONA REALTY ONE GROUP |