So I don?t know about the rest of the economic world, but in my world of Real Estate, the tides are turning. Now, I definitely don?t mean that homes are gonna see a spike in value in the near future, but what I am seeing is a shift. A shift towards the industry making it more and more possible to buy a ?starter? home, either as a first time buyer or in this case, as an investor. For a while now, the challenges for those looking to jump into the investor game have been 1) how to come up with the required 20% down for purchase 2) how to quickly transform the home into rentable condition and even quicker, get (good) Tenants in place and 3) how to handle those Tenants so that they don?t destroy your new investment. Well guess what, the answer man is here? ME!!
1) I am happy to say that I can now offer my clients 10% DOWN FINANCING on investment properties. Thanks to a joint effort between Fannie Mae and Prospect Mortgage there are thousands and thousands of lender owned properties in Maricopa County that qualify for this program? COOL! This means that thanks to pre 2002 prices on a lot of these lender owned places, YOU can get in the game for not a lot of money down. (AND, on a side note, if you are interested but are a bit nervous to do it alone, I always have interested parties that are looking to team up with other investors ready to rock.)
2) I don?t wanna sound shameless here, but a lot of what I do is work with investors to really streamline their process. This means helping to identify a property that can be picked up at an aggressive price, and has many of the features that make it a prime location for rental. From there, I can coordinate everything from repairs, new paint, flooring, etc all while simultaneously listing and marketing the property for rent. In addition, I am a skilled Tenant qualifier, thanks in part to my own personal BS detector, as well as credit & criminal checks and my own inner ?Sicilian Pitbull? tenacity for due diligence.
3) The whole point of being in the investor market is to invest. For me, this means that just because you are an investor, doesn?t mean you have to be a landlord; enter? well, ME! In my quest for one stop shopping world domination, in addition to finding the place and putting Tenants in it, I also manage the property and Tenants, while helping oversee the protection of your new investment all while helping to reduce your liability.
What?s the point you ask? I don?t know that there has been a time in recent history where it has made more sense to jump into the investor market and with me in your arsenal, we can work together to greatly reduce your expenses, your risk and make it possible to do it again? and again, and again, and so on. Give me a call and we can talk about what might work for you.
