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Nice work, Roberto. Sounds like you know what you are doing. What resources do you use to go about finding these properties?
id be doing the same thing if I had cash and lived in a housing crash ground zero cities.
With enough rental properties You could be setting yourself up for life right now.
good job rob. you seem to have a pretty level perspective of the real estate markets which makes me think you'll be even more successful than you already are.
Rob,
How did you get a house for only $26k? That is less than what I paid for my Honda.
WOW....my skin crawls and i look for my ak47 when i drove thru that area of town.....!...good luck man. i was staying at a motel just SE of that area..over in gilbert and superstition and i was working on my laptop looking at the mls and right outside my room 3 people were shot to death in a drug deal gone bad.
i am starting to see cheap foreclosures around the union hills dr./I17 area....
i was at w guadalupe rd and s country club dr....just a couple of miles from asu. there are some very nice areas but also some pretty rough areas...i'll stick to north phoenix along 101.
roberto - did you read your own description of the properties....? if you buy a house/condo that is torn to hell..that is also the people that you will eventually rent to...! the people that lived in the condo were trash and they were there because the neighborhood is trash. the people you rent to will be like 'why dont you paint the ceiling dark blue'....!
but i wish you good luck as renting to frat boys and section8 is a tough slog.....
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