East and West valleys in Phoenix- which is best?

Hello friends,

These 2 properties can show the differences between those 2 geographic areas which are determined roughly by Highway 17 that crosses Phoenix from north to south.

In the East Valley, where hi-tech companies and ASU are located (Chandler, Gilbert, Mesa, Tempe) property prices are higher, schools have higher ratings and tenants tend to be more stable employment-wise.

In the West Valley, properties and communities are equally well maintained, prices are lower and the demographics are different but ROI is higher.

East Valley:

1531 S. Avocet, Gillbert (close to Intel and EBay).

3bedrooms/2.5baths + loft, 1375 sqf, built in 2003.

Asking price- $115,000, for Carelocations clients only: $113,900.

Rent: $1000.

Beautiful gated community, family oriented.

Very good tenant (hi- tech employee) with 12 month lease!

The house is close to the pool which adds so much value for family tenants!

Look at these lovely pics: http://gallery.me.com/refaelinvestments#101617&bgcolor=black&view=grid__

West Valley:

6334 W. Magnolia St., Phoenix

4bdrms/2.5bath, 1934 sqf, huge lot 6566 sqf. !
Asking price: $ 99.900! Price for Carelocations clients only: $97.500 including repairs (fresh paint, carpets, blinds, yard work, A/C repair, etc.) and 12 month tenant !
Rent: $1000 per month
Est. monthly cashflow: $750
ROI; 9% for cash transaction,
ROI: 16% for loan transaction! (25% down, 5.5% interest, 30 yrs fixed, $417 monthly payment)
Pics: http://gallery.me.com/refaelinvestments#101112&bgcolor=black&view=grid

So what is your investment strategy: immediate cashflow or future appreciation?

Curious to hear more? YOU are invited to join our presentation this coming Sunday at 7pm in Cupertino. Feel free to forward to your friends and colleagues!

And if you are too far to join....contact me ASAP for more details at: naomiesal@gmail.com.

Yours,

Naomi.

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.

Look at this beauty...

If you, like me, enjoy seeing beautiful houses- take a look at this one at Dunbar Dr. in Phoenix.

Was SOLD to one of our investors for $89,900, built in 2003, 3 bedrooms/2.5 bath over 2000 sqf., HUGE backyard and beautiful hardwood floors.

The house was remodeled by our team- fresh paint and carpets and new appliances were installed and is rented for $1000.00 per month.

A new "beauty" will be coming up tomorrow for sale...!

Join this blog's followers and you will be updated automatically!

Yours,

Naomi.

naomiesal@gmail.com

after the tour...prices keep climbing up in AZ

Hi all,

Very little inventory and climbing prices are the reality we are seeing in the Phoenix Metro area right now.

Two great houses went under contract this weekend, both 4 bedrooms, 2000sqf in beautiful communities in Phoenix. The houses will be completely remodelled and rented by the time the buyers become the proud owners.

Prices? $97,000 and $110,000 respectively. expected rents $1000- $1100 per month.

The total estimated monthly expenses are under $ 300 which means there's a monthly cashflow of over $700 per month or $8500 per year! This represents a ROI of 8.5 %- 9% for cash transactions!

If you are qualified for a 75% loan- the ROI will climb up to 16% and you'll be able to purchase 3-4 properties witht he same $100,000K investment!

Interested in getting one or more of those for yourself?

Contact me TODAY at: naomiesal@gmail.com.

Yours,

Naomi.

upcoming tour to AZ- July 16th- 17th!

Hi all!

The house in Gilbert I posted for sale 3 days ago went immediately under contract- and we have other investors waiting in line for those areas...Very little supply...:-(.

If you are interested in investing in AZ, prices are still low and rents going up- join us for a fast and intensive 2 days tour to view and undertsand the different neighborhoods and investment options. Only 2 more spaces left!

Purposes of the tour:

1. Learn why AZ is the best locationto 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%- 16% ROI.

3. Meet with local property managers

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

Saturday- July 16th 10am-6pm- touring properties in the East Valley: Chandler/Gilbert, Queen Creek/San Tan Valley.

Sunday- May 17th 9am-5pm- touring properties in the West Valley: Avondale, Glendale, W. Phoenix, Laveen and Tolleson.

We are leaving San Jose Saturday at 7am and coming back Sunday evening.

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

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

Yours,

Naomi.