It's all about the numbers!

If you are one of those investors that look at the numbers- this is a great deal!

Cash purchase only!

3 bedrooms/2bath in Florence, AZ

Built 2001

1284 sqft

Purchase Price is $45k

Fees are $5k

Rehab is $5500

Closing cost$892

Rent 750/month

Taxes-78.60

Property Management-60

Insurance- 40

Maintenance- 30

Est ROI- 11.5%

Reply fast- this will go immediately...!

http://en.wikipedia.org/wiki/Florence,_AZ

My favorites

Had a great time in Phoenix before Christmas and I would like to share with you what I learnt:

Prices in Phoenix keep rising, in the East Valley (Intel and most hi-tech) houses are sold with multiple offers, so the chances of getting a house from the MLS are smaller that they used to be...

Inventory is decreasing so if you are serious about investing- don't procrastinate!

My favorites for January:

1. 4bedrooms/2bath- 2290 sqf in Tolleson (popular suburb, close to Phoenix).

Built in 2005!

Seller's price: $99,900

Repairs: 8,500 (already completed)

Renting out: no additional fee.

Total purchase expense: $108,500*

Rent: $1050

Pics: http://gallery.me.com/refaelinvestments#102320&bgcolor=black&view=grid

This house is one of my favorites because of the spaciousness of the kitchen and living areas.

The master bedroom and bathroom are huge! Tenants will love it!

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2. 3 bedrooms/2 baths, 1340sqf in Laveen, AZ (nice suburb West of Phoenix).

Built in 2005!

Seller's price: $84,500

Repairs: $ 5,500 (already completed)

Renting out: no additional fee

Total purchase expense: $90,000*

Rent: $ 900

The reason I like this house is because its beautifully remodeled and in a very nice community 10 minutes from downtown Phoenix.

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3. 3 bedrooms/2 bath, 1532 sqf in Queen Creek (East Valley).

Built in 2004!

Sales price: $94,900*

Est. repairs: minimal

Rent: $ 850

I like Queen Creek and San Tan Valley because the communities are beautiful, prices reasonable and tenants very stable!

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* Closing costs to title company need to be considered.

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

best cashflow- cute condo in Phoenix,AZ!

Treat yourself to a great end-of-2011 investment in Phoenix, AZ!

2bedroom/1 bath condo completely rehabbed and with tenant-in for $33,900 0nly!

Monthly rent: $650

Est. monthly cashflow: $460

Est. annual cashflow: $5500!

Cash purchase only.

Contact me TODAY to secure this property and start getting rent by

1/1/2012!

Happy Holidays!

Naomi

naomiesal@gmail.com

Finally- the media reports what we actually see in Phoenix

Up to now I had to explain why prices in Phoenix were going up while the media reported they are going down...It seems like it's a matter of timing and they just get to see the full picture after a while.

So- please enjoy this 2 VERY relevant updates about the real estate market that finally reflect that we see and make your decision accordingly.

"Homes Available for Sale ( Supply ) Shrink to Four-Year Lows "
The number of homes listed for sale in October reached its lowest level in more than four years, according to MLS data compiled by Realtor.com.
About 2.12 million homes were listed for sale nationwide last month, which is down by 3.5 percent from September. And at year-over-year levels, that number is down by 21 percent. Inventories are declining due to banks taking longer to process foreclosures and sellers taking their home off the market after seeing their properties linger or getting low-ball offers from buyers, according to Zelman & Associates. Source: “ Housing Inventories Fall to New Four-Year Low in October, ” The Wall Street Journal (Nov. 21, 2011)

"Industry shadows continue to shrink"-
That ominous shadow inventory of repossessed and soon-to-be repossessed homes is getting smaller.
Standard and Poor’s (S&P) has released its third-quarter shadow inventory update, which shows both the volume of distressed assets and the amount of time it’d take to liquidate these properties is contracting.
S&P says the volume of distressed residential mortgages included in its shadow inventory estimate remained “extremely high” at $384 billion in the third quarter, but it has declined in each quarter since mid-2010. S&P’s third-quarter evaluation is down from $405 billion at the end of the previous quarter.
“We believe this points to a continued drop in the amount of time it will take to clear this ‘shadow inventory’ over the next year assuming national liquidation rates do not decline abruptly,” the analysts at S&P said in their report.
Regional default and liquidation rates varied widely in the third quarter of 2011, but overall improvements prompted S&P to lower its projection of the number of months to clear the supply of distressed homes on the market and coming down the pipeline.
The agency now estimates that it will take 45 months to work through the national shadow inventory. This assessment is seven months below S&P’s peak estimate of 52 months in March 2011, but is three months longer than the agency’s estimate a year ago.
S&P calculates shadow inventory as the number of properties for which borrowers are 90 days or more delinquent on their mortgage payments, properties in foreclosure, and properties that are REO. (Dsnews.com, Nov. 21st, 2011).

So do not procastinate if you are considering investing in real estate, as inventory shrinks, prices go up!

Our next tour to Phoenix, AZ: December 17th- 18th.

New houses coming up soon- follow this blog for more...

Naomi.
naomiesal@gmail.com

updated list- houses are flying!

Take a look at our recommended cashflowing properties. Contact me for information and joining our upcoming tour December 17th-18th!

Sales prices include full rehab and tenant guaranteed for 12 months!

1. 2 bedroom/1 bath condo in Phoenix. 700sqf. Sales price: $33,900 Rent: $650. Est. annual cashflow: $5500. CASH PURCHASE ONLY!

2. 3bedroom/ 2 bath in Avondale. 1560 sqf. Sales price: $89,900 Rent: $900 Est. annual cashflow: $7800. Corner unit!

3. 3 bedroom/ 2.5 bath in Tolleson, AZ. 1634 sqf. Sales price: $89,900 Rent: $900. Est. annual cashflow: $7800. 2 story spacious home!

4. 4bedroom/3 bath in Tolleson, AZ, 1744 sqf, Sales price: $96,900. Rent: $995. Est. annual cashflow: $8900. Luxury home built in 2006! SOLD!

5. 3 bedroom/2bath in Gilbert, AZ, 1357 sqf. Sales price: $113,900. Rent: $1050. Est. annual cashflow: $9600 East Valley- hi-tech area!

6. 3 bedroom/2bath in Coolidge,AZ. 1512 sqf. sales price: $62,900. Rent $750. Est. annual cashflow: $6900. SOLD!

*Cashflow estimates do not include loan mothly payments.

See the updated available properties!

Hello friends,

Take a look at our recommended cashflowing properties. Contact me for information and joining our upcoming tour December 17th-18th!

Sales prices include full rehab and tenant gusranteed for 12 months!

1. 2 bedroom/1 bath condo in Phoenix. 700sqf. Sales price: $33,900 Rent: $650. Est. annual cashflow: $5500. CASH PURCHASE ONLY!

2. 3bedroom/ 2 bath in Avondale. 1560 sqf. Sales price: $89,900 Rent: $900 Est. annual cashflow: $7800. Corner unit!

3. 3 bedroom/ 2.5 bath in Tolleson, AZ. 1634 sqf. Sales price: $89,900 Rent: $900. Est. annual cashflow: $7800. 2 story spacious home!

4. 4bedroom/3 bath in Tolleson, AZ, 1744 sqf, Sales price: $96,900. Rent: $995. Est. annual cashflow: $8900. Luxury home built in 2006!

5. 3 bedroom/2bath in Gilbert, AZ, 1357 sqf. Sales price: $113,900. Rent: $1050. Est. annual cashflow: $9600 East Valley- hi-tech area!

6. 3 bedroom/2bath in Coolidge,AZ. 1512 sqf. sales price: $62,900. Rent $750. Est. annual cashflow: $6900.

*Cashflow estimates do not include loan mothly payments.

After the tour- 6 left!

Hello friends.

Just back after a long weekend in Phoenix.Was fun, educational and we had great results.

Save the date- next tour scheduled for December 17th-18th- end of the year SALE!

6 properties are available for immediate sale now. More coming up!

1. N. 61st Ave., Phoenix, 2bedrooms/1 bath , sales price $33,900, rent $650. Condo in great condition! SOLD!
2. W. Burgess Ln, Phoenix, 3 bedrooms/2baths, sales price $78,900, rent $900.
3. E. Bowker St Phoenix, 3bedroom/2bath, sales price $79,900, rent $1,100! Best ROI!

4. W. Toronto Way, Phoenix, 3bedroom/2bath, sales price $83,900, rent $900, corner lot!

5. S. 111th Dr ,Avondale, 3bedroom/ 2bath, sales price $84,900, rent $900, cute home in great neighborhood! SOLD!

6. W. Magnolia St Tolleson, 3bedrooms/2.5 baths, sales price $89,900, rent $900, built in 2005! 7. Desert Ln Laveen, 3 bedrooms/2baths, sales price $89,900, rent $900, cute home!

8. W. Payson Rd Tolleson, 4 bedrooms/2baths, sales price $107,900 rent $1,100 , swimming pool! SOLD!

9. W. Fremont Rd Phoenix, 4 bedrooms/2.5 baths, sales price $112,900, rent $1,050- 2050 sqf!SOLD!

10. E. Tara Dr, Chandler , 3 bedrooms/3baths, sales price $134,900, rent $1,250, hi-tech area!SOLD!

11. W. Laurel Ln, Peoria 4 bedrooms/2baths, sales price $144,900, rent $1,200, excellent location and pool!

Incentives for cash purchases!

Pick the ones you like the most and contact me NOW for investment analysis and pictures: naomiesal@gmail.com.

Naomi