The following article was published today (9-6-07) in the Business section of the Arizona Republic:
http://www.azcentral.com/arizonarepublic/business/articles/0906biz-apartmentsales0906.html
Comments?
Based on Berges' book, Buying and Selling Apartment Buildings, as a new investor in apt bldgs, I would want to look at acquiring a smaller property of 50 units or less and be directly involved in the operations of the property. That would require me to purchase in the Phx area. Is it too late (or is never too late) to get into Phoenix in this small apartment complex arena?
http://www.azcentral.com/arizonarepublic/business/articles/0906biz-apartmentsales0906.html
Comments?
Based on Berges' book, Buying and Selling Apartment Buildings, as a new investor in apt bldgs, I would want to look at acquiring a smaller property of 50 units or less and be directly involved in the operations of the property. That would require me to purchase in the Phx area. Is it too late (or is never too late) to get into Phoenix in this small apartment complex arena?
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