Get the Bloodhound

I like to report on good service I receive whenever I can. As I've blogged, we recently sold our home. One of the motivating factors was to use some of the profits to invest in other real estate. Phoenix, AZ, happens to be the hottest appreciating market in the country, right now, and even though the run-up in prices in the last year precludes positive rental cash flow (unless you go in with lots of equity), appreciation should far outstrip the outlay I'll have over the next three years, which is my anticipated holding period. So, I contacted my friend Greg Swann, of Bloodhound Realty. Told him I wanted three rentals, but not just any rentals. I wanted relatively new houses, stucco, tile roofs, in nice suburban neighborhoods. In short, I want houses that will attract the cream of the crop in tenants and command market rental rates, even though I may set the price slightly below just to rent them quick. We'll see. I also told Greg that I did not want to travel to Phoenix -- not now, not ever! (not really) No, I just want to be able to do everything remotely. I'm happy to report that...

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Richard Nikoley

I'm Richard Nikoley. Free The Animal began in 2003 and as of 2022, contains over 5,000 posts. I blog what I wish...from health, diet, and food to travel and lifestyle; to politics, social antagonism, expat-living location and time independent—while you sleep—income. I celebrate the audacity and hubris to live by your own exclusive authority and take your own chances. Read More
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