Posted by Mike Scarchilli AZ on January 05, 2003 at 22:14:48:
Are you looking for steady cash flow or to make a living at this doing deals with quickly turning over homes. I live in Arizona and has been the #1 growth area in the country along with Nevada. I moved out here to capitalize on the booming construction industry and to buy these homes while they are less as expensive as back in NY where i am from. I am looking to maybe partner up with some investors on some rehabs if anyone is interested. Maybe you could email me. I guess rentals are growing. They are building here like crazy, but i think with todays rates everyone wants to buy. Rentals here are mostly big complexes with all the bells and whistles. And with them giving away 2 months free rent and $99 move in, there is alot of competition for the dollars. But if you are looking for some fixer uppers or forclosures to wholesale / retail, L/O is what i think the key is. HTH. Mike S. AZ