Did you know the demand for rental properties is higher in Phoenix than it has been in the past 5 years? The downfall of the housing market- has pushed many local homeowners out of their home and into rental properties.
This provides an amazing opportunity for anyone wanting to get into the rental business. You can buy a brand new- 3bedroom/2bath home in Gilbert, AZ for the low $150's. Rent this home out for $1150-$1300 per month and you will see a cap rate (return of investment) of 8% +. Can the stock market promise this type of a return?
The majority of my clients are investors- looking to buy their first home or their 21st home. If you want a free list of available homes- please contact me: jacklynjm@cox.net. FREE list of homes and pictures. No pressure- just information to help you increase your financial portfolio.
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