Tucson Real Estate Resources

There is tremendous value in meeting with other investors to talk over different investing strategies – from finding deals to completing rehabs to the best landlord practices – you can benefit from their experience and knowledge. Your local investor group is a great source for this type of information swapping, but there is another level of masterminding that you may not have considered.

I adapted the idea that I am about to share with you from a practice that certain large automobile dealerships employ. What they do is set up small mastermind groups that meet annually from different dealerships around the country to share their best practices, successes and failures.

If you transfer this idea to investing, you can see the benefits of having non-local investors to swap strategies with.

Read more »

We have analyzed this deal to see how this particular single family home in Tucson would be as a rental property.

Where is this property?

It is located in Tucson, AZ. The property address is kept private to preserve the deals for our members. To work with our preferred investor friendly real estate agent/broker for this deal, contact us about Deal #3615 and they can give you the full details about this property and help you in purchasing it. This particular property was submitted to the Tucson Real Estate Resources Website featuring real estate investor articles and local deals.

How did we find this property?

We found this property from one of our real estate investor friendly agents/brokers or one of the real estate investor wholesalers we know in the Tucson area.

Learn to find motivated sellers using marketing in Buying Houses using Broadcast Media. This CD is included as part of the 68 CD Ultimate Real Estate Investor Package that you get when you purchase any house we promote on the website through our recommended real estate agent or broker. To work with our preferred investor friendly real estate agent/broker for this deal, contact us about real estate Deal #3615 and they can give you the full details about this property and help you in purchasing it.

The Story

Before we get into our full analysis, here is some of the interesting story for this particular deal:

Clearly not a cash flow candidate, but this property has a nice equity spread with the potential to sell off some of its acreage.

From the agent: Seller is also offering $7,000 towards buyer's closing costs with acceptable offer. Last sale and tax info: Sold 09/28/2006: $1,000,000. 2008 Property Tax: $3,098. What is not showing is the land that comes with the property; it's elevated above River Rd for views and sound, on 2.6 acres, I believe zoning in this area would allow for a split, or two.

Property Details

• Bedrooms: 3
• Baths: 2.00
• Square Footage: 2,999 (see square footage estimates for info)
• All information is deemed reliable, but is pulled from tax records, real estate agent, zillow or the seller.

Income

• Gross Rent: $1,500/month (see Rent Estimates for more info)
• 4.00% Vacancy Adjustment: $60/month (see Vacancy Estimates for more info)
• Net Rent: $1,440/month
• NOTE: These numbers are for traditional rental income and NOT a rent-to-own. Rent-to-own analysis follows below.

Read more »