Wednesday, April 20, 2011

Join us in our next tour to AZ- May 27th-May 30th!













Hello again!

You are invited to join this international group with investors from the US, Israel and Australia!Only 8 spaces left!

Purposes of the tour:

1. Learn why AZ is the best location to invest at and which area fits best your budget and long term investment plans.

2. View properties to be sold with our unique package- after repairs and with tenant-in for at least 9% ROI.

3. Meet with local property managers.

Feel free to join for 1 or 2 days or combine with a Memorial weekend trip to AZ!

Friday- May 27th 8pm- introductory presentation at the Radisson Hotel in Chandler.

Saturday- May 28th 9am-6pm- touring properties in the East Valley: Chandler/Gilbert, Queen Creek/San Tan Valley.

Sunday- May 29th 9am-5pm- touring properties in the West Valley: Avondale, Glendale.

Flight tickets are still reasonable, the earlier you book the better!

Feel free to contact me for addtional information at naomiesal@gmail.com.


Yours- as usual,



Naomi.

Wednesday, April 13, 2011

Chandler/Gilbert- what is your investment budget?


Hi all,


Just came back from AZ after an extensive search for cashflowing investment properties all over the "Valley of the Sun".


You'll get a better ROI with the smaller houses, 3bedrooms/2baths, around 1300 sqf, which you can purchase in the $ 70K's and rent for $850. Those are the prices for San Tan Valley (Southeast- 40 min. drive from Phoenix).


Chandler and Gilbert (East Valley- close to Phoenix), are the hi-tech and more upscale locations. You can purchase a house there for $130K- including repairs and tenant, and rent for $1200.


In Avondale (West Valley- 20 minutes drive from Phoenix) you can purchase a 3-4 bedroom house in the $80K's- repairs and tenant package included, and rent for $ 950.


Keep tuned- 2 additional tours planned for the end of April and end of May!


Yours,


Naomi.


Sunday, April 3, 2011

new property for sale in AZ!


Dear friends,


The houses in San Tan Valley are going fast:

650 Leslie- SOLD for $85.5 K. Rented for 2 years at $900!

915 Desert Sky- SOLD for $75 K!

3003 Belle- SOLD for $85 k!


New property: 2730 E. Mineral Park- San Tan Valley, AZ

4 bedrooms/2 baths 1698 sqf

Listed on the MLS- before repairs and before renting out at $ 69,900.

Market value after repairs: $ 85,000

Carelocations' price after repairs and with a guaranteed tenant in: $81,900 (OBO).

Will rent for $850- $ 900.


Chandler and Gilbert- we will provide information on upcoming deals after our tour to PHX April 9th-10th.


Yours,


Naomi.

Wednesday, March 30, 2011

It's time to buy again! Fortune magazine and CNN


According to an article published today Americans are moving again into buying.



The main points in the article:


1. Housing inventory has started shrinking all over the US including locations that were hit the hardest on the recession like AZ, NV and CA.


2. Rents show an upward trend as a result of the foreclosures- people need a place to live when they foreclose on their home.


3. Sales prices are very attractive which attracts investors and first time home buyers.


The result: prices are going up! If you are considering investing in real estate do it ASAP- as the good deals are going fast!


Contact me directly for additional information at naomiesal@gmail.com.


Yours,


Naomi.


Saturday, March 19, 2011

Rents expected to jump- this is the time to invest!


Hi all,


Just wanted to share with you this article quoted by the Chicago Tribune.

We've been seeing this upward trend in the Phoenix Metro area where properties are rented as soon as they go in the market.


This is the time to invest- if cashflow is around 9% net. now- it will get even better when this trend gets stronger!




Join our tour to AZ April 9th-10th and see it yourself!


Yours,


Naomi.

Friday, March 11, 2011

If I buy a house- will it be rented?


Hello friends!


I've been presenting the advantages of investing in AZ for quite a few months now and the same question comes up again again: "OK Naomi- we understand purchasing those houses is an excellent cashflow deal but how do I know I'll be able to rent the house after I buy it...?


So- this has been our experience in the last few months:

1. For the house the property in San Tan Valley that sold for $ 85.5K and rented for 2 years for $900 our property manager got 8 calls the same day he posted it and stopped accepting any others. He picked the family he liked the most. with the best employment and personal background and children- which guarantees they will be staying there for a while.


2. For another house in San tan Valley he got 11 (!) showings the same day he put it in the market and rented it right away.


3. For our client from Australia who bought a house the last day of his visit for $ 90k, it was rented out for $1000 while he was on the flight back home. When he arrived to Melbourne- he already had a tenant!


This has been going on for a while. There are around 5000(!) foreclosures per month in the Phoenix area which is very sad for the people living there- no doubt about it, but for us investors it means low purchase prices and more and more people needing rentals.


We are hearing hi-tech companies in the East Valley are hiring thousands of new employees. Probably some will be from the area but most likely new people will be relocating to AZ and will either buy or rent. This might create 2 results: purchase prices will start climbing up at the good neighborhoods and demand for rents will grow even more.


If you are considering to invest in AZ, don't wait- we have still good deals out there but I'm concerned they will start disappearing pretty soon...


Feel free to comment or ask by posting here or contacting me directly at: naomiesal@gmail.com.


Coming up- 2 great properties for sale- fixed and with tenant in. Keep checking this blog in the next few days...


Best,


Naomi.




Friday, March 4, 2011

Expanding to new neighborhoods...Chandler, AZ







Hi all,
Sorry for disappearing for so long- I just was really busy with marketing the houses I've posted and now they are almost all gone...
We started our investing project in the area of San Tan Valley, as houses there showed a unique delicate balance of affordability for purchasing, great rental market and very good demographics- all those guarantee reliable prospective tenants and high ROI.
As the house inventory in San Tan Valley is diminishing very fast and prices are going up and as many of Carelocations investors prefer areas closer to Phoenix (although more expensive)- we now expand our services to Chandler and Gilbert.
Why Chandler and Gilbert?

Those two towns are very centrally located and prices there are still affordable, between $110k- $ 160K.

Chandler is home to 4 Intel locations with 10,000 employees and expanding to 14,000! Motorola is located in Chandler too and so are other hi-tech companies that are expected to hire over 2000 additinal employees in the coming years.
That means....high salaried tenants and demand for nice rental homes. As those areas are close to PHX- Phoenix International Airport and downtown and relatively newer homes can be found there- those are projected to be winning investments both as rentals first and resales later.
Presentations of AZ investments and specific properties plannned for:
Sunday, March 6th at 7:30pm in Cupertino, CA.
Tuesday, March 22nd at 7:30pm in Hertzliah, Israel.
Next upcoming tour to AZ- April 8th-9th- you are all invited to join and tour the beautiful Phoenix area with us!
For additional information feel free to contact me at: naomiesal@gmail.com.

Yours,
Naomi.