Here are some resources to visit or download to assist with investing
Some Links Require the Free Adobe Acrobat Reader

ASU properties
Student Housing a Good Investment
ASU Residential Listings (summary and map)

---

The continual coverage by the news media can give you the impression that the sky is falling in when it comes to the residential real estate market.    And this could be true in part if you are a home owner anxious to sell you existing home and think you are going to make the same kind of money that your neighbors made last summer when they sold their home.

For investors this is opportune time to take advantage of the change in the market place.

Advantages:

1. The prices are coming down.
2. Sellers are willing to make concessions including covering a portion of closing costs (less cash out of your pocket)
3. More time when looking for a property, no need to rush to make a decision. The day of multiple offers have come to the end.
4. In every real estate market there are always going to be sellers that have personal situations that make it imperative that they sell quickly and are willing to drop down to rock bottom pricing.   Today's market probably has more people in this situation due to the fact that the adjustable interest rates are starting to adjust upward and last years less savvy investors have taken on more debt than they can handle and are looking to sell - fast.
5. Huge inventory of available properties.
6. If the property is going to be used as a rental, rental rates are increasing and are projected to increase over the next year.
7. There are more and more properties out there that have been recently renovated making it a turn-key situation.

The key to success in buying investment property now is going to require two things:

•  Commitment to keep the property for a minimum of five years to wait for the market to cycle around and also to take advantage of building equity.

•  Doing your due diligence.

What you should be looking for when doing your considering a residential rental property?

1. Look for an area that is built-out or close to built-out in a desirable area with an established infrastructure.  
2. Find a community/city that has established revitalization programs.
3. Proximity to major highways, health care and shopping and has reasonable commute times to the major business areas including the airport.
4. Homes that are part of a HOA that closely monitor the appearance of the neighborhood.
5. Look for areas that have slightly higher rental rates and less rental availability.

Choose an area that is known for its good schools (obtain online reports to compare school rankings).