Investing in Phoenix Real Estate

Investing in Phoenix Real Estate

by jay mecray (480) 868-3814

Investing in Phoenix Real Estate

The time is Now to begin Investing In Phoenix Real Estate market or to increase the number of properties in your real estate portfolio. Homes for sale in Chandler, Gilbert and Mesa make for excellent real estate investment properties, capable of producing maximum positive monthly cash flows.

As the Arizona economy (Especially The East Valley) expands and high tech companies continue their influx here, insightful investors continue to be rewarded with steady property appreciation and quickly rising rental rates.

Phoenix real estate investors are able to reduce the amount of taxes owed by using rental investment property deductions to offset earned income. The many tax breaks often enable investors to turn write-offs into after-tax cash flow! You may deduct actual costs incurred for financing, managing and operating the rental property. This includes mortgage interest payments, real estate taxes, insurance, maintenance, repairs, property management fees, travel, advertising, utilities (assuming the tenant doesn’t pay them) and more. These expenses can be subtracted from your adjusted gross income when determining your personal income taxes, providing deductions do not exceed the amount of the rental income you receive.

When Investing in Phoenix Real Estate, good record keeping is key for determining your current and future tax obligations; however, it is equally important for determining the performance of your investment properties and there value when you decide to sell. Poor record keeping makes it difficult for a buyer to estimate the cost of deferred maintenance and net income the property will generate after expenses, and therefore net a lower selling price at time of liquidation.

It is important to stay within your comfort zone while Investing in Phoenix Real Estate. If you are uncomfortable with a current investment option, continue looking for another until you find a property that makes you comfortable. Real estate investment pays off over time, it is not advisable to look at a make money quick option unless you are a savvy veteran investor. Make a plan…choose the property wisely…plan for the unexpected…be patient and have an exit strategy when needed.

Call Jay today to discuss why smart investors are buying properties in the Phoenix Metro Market…(480) 868-3814

Read recent client testimonials about Jay Mecray here.

You can speak with Jay Mecray yourself today:  (480) 868-3814

Jay Mecray – Your Personal Real Estate Expert in Chandler Arizona

(480) 868-3814

JayMecray@gmail.com

JayMecray.com

Investing in Phoenix Real Estate

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