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Arizona Real Estate
from:Arizona is a popular destination get-a-way, especially for senior citizens making the purchase of Arizona real estate an investment opportunity waiting to be pursued. With the history, the numerous attractions and the great climate, investing in real estate in Arizona is an opportunity not to be passed up. Rather you invest in commercial buildings, an apartment complex or trailer park or single family dwellings there is sure to be something to help diversify your portfolio and meet your needs.
Finding a good real estate agent
The first step will be to find an Arizona real estate agent. Look for a local real estate agent where you are now if you do not live in the area you wish to invest in and ask them if they know anyone in that area. If that fails, contact the better business bureau or the local convention and visitors bureau. They may be able to guide you. Once you have located a real estate agent take the time to meet them in person. Don’t be afraid to ask for references and if you are considering purchasing a foreclosure ask what kind of experience they have in dealing with these types of purchases. If you do not like the answers you receive or are in any way uncomfortable, keep looking. Finding the right real estate agent to help you purchase Arizona real estate is essential especially if you do not live in the town you are buying real estate in. You will need the agent you choose to be honest and trustworthy.
Learn these real estate investment strategies
Before you begin investing in Arizona real estate learn the various investment strategies that are commonly used. There are three investment strategies that are based on facts and generally have great results. The bargain purchase method is the first option. Investors who use the bargain purchase method when choosing a property pay twenty percent less than market value for the property. This allows them to make up to a twenty percent profit using this real estate investing strategy and is a great strategy to use when purchasing foreclosures. The second strategy is known as the increase value strategy. Using this strategy the building would be purchased at current market value. There must be some improvements that could be done within a six month time period that would increase the value of the building by twenty percent for this strategy to be successful. Finally, many real estate investors use the double digit cap rate. The double digit cap rate strategy is used for buildings that have a capitalization rate of ten percent or more. A capitalization rate is the net operating income from the property which is then divided by the purchase price. These are harder to find unless the market is depressed or you are looking into small market niches. Purchasing Arizona real estate is really not any different than purchasing real estate in your own hometown once you find the right real estate agent to work with.
Colorado Springs Real Estate News
Colorado Springs Real Estate Market Is bound to Recover in 2012 With Support ... - SBWire (press release)
Colorado Springs Real Estate Market Is bound to Recover in 2012 With Support ... SBWire (press release) The recent CNN reports have included Colorado Springs among the ten best recovery bets in 2012, with home prices rising by 3% over the next two years. Glasgow, Scotland -- (SBWIRE) -- 05/21/2012 -- Real estate agents and homeowners are pleased to find ... |
This Safeway store at the Carefree Center on North Academy Boulevard is ... - Colorado Springs Gazette
This Safeway store at the Carefree Center on North Academy Boulevard is ... Colorado Springs Gazette A Colorado Springs shopping center has fallen into foreclosure two weeks after Safeway announced it's closing its grocery store that anchors the property. A $15.1 million foreclosure notice was filed Friday against the owners of the Carefree Center, ... |
Oakwood completes purchase of portion of Banning Lewis - Colorado Springs Gazette
Oakwood completes purchase of portion of Banning Lewis Colorado Springs Gazette Oakwood Homes completed its purchase Wednesday of 2600 acres of the northern portion of the Banning Lewis Ranch in Colorado Springs, breathing new life into a property beset by the financial troubles of previous owners. The Denver-based company, ... |
Unique Realtor adopts customizable IDX solution for his professional real ... - RealEstateRama (press release)
Unique Realtor adopts customizable IDX solution for his professional real ... RealEstateRama (press release) Coddington now hosts a dynamic real estate search page, complete with listings in towns around Colorado Springs, Colorado and even an iPhone application. By adding a personalized IDX solution, Coddington can integrate Pikes Peak MLS (PPAR) listings ... |
Mile posts: Steve Cannon's real reason he started running - DesMoinesRegister.com (blog)
Mile posts: Steve Cannon's real reason he started running DesMoinesRegister.com (blog) Cannon told me last week in an interview that he started running at age 28 to, um, fit in with people out in Colorado. “I wish I had a long history,” Cannon said. “I was living in Colorado Springs and I did it to meet girls. I didn't know anybody and ... |
Lamborn calls for inventory of all federal real estate - Colorado Springs Gazette
Lamborn calls for inventory of all federal real estate Colorado Springs Gazette Congress came to Colorado Springs on Thursday morning, when US Rep. Doug Lamborn held a hearing of the House Subcommittee on Energy and Mineral Resources to talk about land management. Six experts from various agencies and areas delivered testimony to ... |
Casualties and survivors: Developers hard hit by economic downturn - Colorado Springs Gazette
Casualties and survivors: Developers hard hit by economic downturn Colorado Springs Gazette The real estate development industry has been a major part of the Colorado Springs economy for decades, but was hard hit by the national recession and local economic downturn of the past several years What do longtime real estate developers have to say ... |
Real Estate Transfers - Green Bay Press Gazette
Real Estate Transfers Green Bay Press Gazette Craig Anderson of Colorado Springs, Colo., to Thomas Anderson of Chicago, April 18, 9673 County Road G, Spruce, $185500. » Gary Kalbes of Deerbrook to David and Annette Dufeck of Pound, April 18, 7877 Goldfield Road, Pound, $96000. |