With low housing prices and low mortgage rates, NOW is the time to purchase investment property in Arizona. Many of our clients have established sizable positive cash flow by investing in rental properties. Several of our clients have purchased property with an eye on retiring to the property in several years. In the meantime, they are renting the property out. Hoards of foreign investors are purchasing investment property in AZ. When taking a look at the US stock market, one can see why. Since 1959, our stock market has had 11 years of negative appreciation and that depreciation has averaged 38%.
Since 1959, the US housing market has had 3 years of negative appreciation and the maximum depreciation was 13%.
Because of our distressed housing market, the total number of renters is high. Consequently, rents are up in the residential market. This is resulting in wonderful passive income for investors.
One does not need to be wealthy to invest. Most of our investors live comfortably and are good at saving. They are far from being millionaires today. 29% of properties being sold in the US are being purchased as investments. That number is much higher in Arizona because of our low prices.
Don't sit on the sideline and let the parade pass you by. Take a serious look at your savings and your financial goals and give Mike Drefs a call at 623-693-1505. He will be able to help you create a plan that is right for you.
