Arizona Apartment Investor

3-4 unit Small multifmaily activity has been robust, just like the rest of the market. “At the time of writing this there are only 138 active 3-4 unit properties. 40 are in AWC status – these are mostly short sales awaiting bank approval. There are a whopping 70 pending properties or those under contract awaiting [...]

Two more premium fourplexes have been sold by inPhoenix Realty Group. The small to medium multifamily market in Phoenix is increasingly lacking in inventory and obtaining good properties is very difficult. It takes a lot of persistence to get a property under contract as there are many investors pursuing investments. These two properties sold for $195,000 and $210,000 which is consistent with the [...]

There is not doubt about the active small multifamily market in Greater Phoenix. Investors are out there looking for a limited amount of properties. Inventory of 2-4 unit apartments is about half that of last year and investor activity is up. As of this post there are 142 active 2-4 unit apartment for sale in [...]

Being an income property owner can be a difficult task so we put together a few basic tips on preparing for your new income property business. Your starting a business and if you begin to think of it like a business at the outset the process of management and ownership will be better. A checklist of [...]

Some rentals rent quickly and others linger on the market and often very little separates the two. When the right principals are applied you can have a home leased in much less then the average time and if you miss a few details you can have a home empty for longer then necessary. Below are [...]