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Old 12-28-2009, 01:09 AM
2 posts, read 3,737 times
Reputation: 11


I am an investor from Canada and am looking for a few investment / rental properties in Las Vegas and / or Phoenix. As a Canadian I don’t have too much info re USA real estate; so I appreciate if you can kindly provide some feedback:
1) What do you think about these two cities (Las Vegas & Phoenix)? Which one has more promising future in term of real estate appreciation and in which I might have a better chance to rent my properties?
2) What is the best area(s) for investment in Phoenix?
3) In what area of Phoenix rentals are more required?
Thanks for your helps.
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Old 12-28-2009, 05:49 AM
Location: az
5,863 posts, read 3,638,116 times
Reputation: 4912
While others here might offer better advice on where to buy let me say as an out-of-state inventor myself one the biggest hurdles after buyng is finding decent property management. Many property managers handle 70-100 homes and getting them to simply take or return calls is often difficult.

Sad to say but I wouldn't recommend buying anything in AZ until you first find a reliable property management company. Of course this isn’t easy because they all pretty much give the same spiel when trying to sign you up.

Yet without a solid recommendation from someone already using a property management company you’re taking a chance which might not be too much of a problem if you live in the area but if you’re out of State (to say nothing of in another country..) forget it.

You’re just asking for trouble.
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