Why did I buy 2 houses this weekend in Phoenix?

Hi all!

Just got back from a (hot) weekend in Phoenix, AZ!

Bought 2 houses in the East Valley- Chandler and Mesa and those are the reasons:

1. Paypal is hiring 2000 new employees in Chandler.

http://www.azfamily.com/news/local/PayPal-hiring-employees-for-new-Chandler-facility-116764529.html

2. Intel is bulding a $5 billion sate-of-the-art new FAB in Chandler which will create thousands of jobs in the area!http://newsroom.intel.com/community/intel_newsroom/blog/2011/02/18/intel-to-invest-more-than-5-billion-to-build-new-factory-in-arizona

Inventory is scarce in the East Valley (Chandler, Gilbert , Mesa, Queen Creek) right now and prices are climbing up rapidly. Prices are around $115k-$150k, rents $1000 per month and up.

I expect both rents and prices to keep climbing up.

I'm not wasting time by sitting and waiting till it's too late...Are you????

Contact me if you are ready to act!

Next presentation, Sunday September 18th at 7pm in Cupertino, CA- save the date!

Naomi.

naomiesal@gmail.com

Best ROI so far......

Hello friends,

I haven't been writing for a while for 2 main reasons:

1. There are less and less houses available at the auctions lately,

2. When I email the houses that come up to my preferred emails list- they get sold in less than 24 hours.

SO...if you are really serious about investing either let me know fast when you are interested or tell me what are your preferences and I'll email you directly when the opportunities come up.

I'm holding this house for 24 hours for my clients- after that it goes into the market!

This home is located in a great community in Phoenix, AZ.

Open floor plan. Great home for a family with lots to do nearby. Located close to Parks, Schools, Shopping, and major highways.
We are in the process of rehabbing this home, so more pictures are on there way soon.

The rehab will include fresh paint inside and out, new carpeting, appliances, etc. Home will be in Brand New condition. This home has it's own Built-In Pool right in the back yard!! We will have a brand new 12 month lease signed @ $950.00 per month before close of escrow.
Numbers: Based on putting 25% Down @ 5.5% Interest rate.

Price: $83,900 (includes full rehab and tenant!)

Rent: $950.00 Per Month

Taxes: $745.00 Per Year

HOA: $52.00 Per Month

Insur: $35.00 Per Month

Property management: $75 per month.

Est. total monthly expenses: $ 224.

Cashflow for cash transaction: $726 ROI: 10.3% !

Cashflow for loan transaction: $365 ROI: 20.8% !

Address: 6221 W. Illini, Phoenix, AZ

Join our tour to AZ this coming weekend: Saturday, August 27th- Sunday August 29th to see this property and many others!

Contact me NOW for addtional information- I'm here...:-).

Naomi

naomiesal@gmail.com

The stock market vs. real estate, one GEM and next tour to AZ

Hello friends,

In spite of the media- prices of real estate in AZ have been rising steadily in the last months. And now- the number of investors switching from the stock market to real estate grows day by day!

If you haven't read this article yet- take a look at it: people are selling their stocks and keeping their money as cash...how long will it take them to start buying properties where prices are affordable and loan rates so low?

http://www.usatoday.com/money/perfi/stocks/2011-08-11-interest-rates-low_n.htm

If you haven't secured a property yet- this might be the last chance to purchase a GEM for under $100K!

Built in 2007! Sold then at $220K!

Purchase price NOW: $88K only -includes full rehab and tenant!

Rent: $950

3bedroom/2bath, 1393 sqf, 6000+ sqf lot.

Upgraded flooring, two tone paint, cherry kitchen cabinets, big lot with built in barbecue, green belt behind the backyard, located in the peaceful and very popular neighborhood of Laveen, AZ (close suburb of Phoenix).

Est. monthly expenses- cash transaction: $ 250 Cashflow: $700/month ROI: 9.5%!Est. monthly expenses- loan transaction: $ 580 Cashflow: $370 /month ROI: 18.5%!

Join us to see this and other great properties in our next tour to AZ, Aug. 27-28th.

Only 3 spaces left!

Contact me NOW for pics of this cute and cashflow investment and for addtional information about our upcoming tour!

Yours- as usual,

Naomi.