is it good to invest in Real Estate in arizona????

I plan to buy a home for investment in arizona. but can i rent it for more than a $1000.00 mortgage?

Public Comments

  1. As long as it isn't ocean front property
  2. Buying is always a good advise but it varies location to location. I think you need to look the history of the area's appreciation. keep in mind that real estate market is soft, u cn get a bargain. It is possible that value may not go up quickly but at long run it will.
  3. It is good to invest in Real Estate anywhere, provided you do your homework. Don't overpay for a property, and don't go negative cash-flow for too long. As far as what you can rent a property for, talk to Real Estate agents or Property Management Companies and see what rents are going for to a comparable property. Look in the newspaper for similar properties in the same area as to what others are charging/paying for rent. Also, make sure you know what your total mortgage payment will be including taxes/insurance and any additional expenses that may occur.
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