Entries by admin

Rent vs. Buy in the Phoenix 2019 Market

January 22, 2019 /0 Comments/in /by

Check out this data: With the median residential lease rent being $1450 vs. a $280K median list price ($262K median sales price for 2018), it’s costing you $400 more per month on average to own, rather than to rent – and that doesn’t count all the other fees: maintenance, HOA, etc. My advise until the […]

Never Fall in Love with a Deal

January 10, 2019 /0 Comments/in /by

This past week, one of my investing partnerships and I had to cancel a purchase contract on a 20-unit apartment complex. We thought we had a smoking-deal. And based upon what was provided in the listing and surface-level financials, we did.  Agreed upon purchase price was close to $1,000,000. But as we dug deeper into […]