ON E OF A R I ZON A’ S N AT U R A L R E S O U R C E S
January 2011
Nate Martinez Team
Think Real Estate Investing is out of reach for you? Last month two of my licensed associates, Dan Caparros and Jesse Abarca and myself completed a specialized training course to become Certified Investor Agent Specialists (CIAS). The grueling 2days provided extensive training to better understand the different real estate investor types, and the investment opportunities, financing options and calculations needed to provide solutions for each. We are among a few select Realtors in Arizona to have earned this prestigious designation. I believe in the power of education and I am constantly looking for ways to be a better real estate agent so I can provide the best service to you, the people you know and those in our community – the CIAS designation is exactly that. Over the past 12 months, investment and second-home
properties comprised more than $300 billion in sales, representing approximately 27 percent of all residential real estate transactions. In addition, in market conditions affected by mortgage industry challenges, 48 percent of investors made all-cash purchases. For decades, investing in real estate has proven to be a consistent and stable way for individuals to build wealth. Real estate investment supports a number of industries, including construction, retail and professional services, and is a strong way to energize and increase investment in our local economy. There is no better time then now to find homes that cash flow. As markets face the challenges of distressed properties and a difficult economy, real estate investors have the opportu-
nity to find productive deals while helping communities stabilize, investors provide much needed liquidity to the market, decrease vacancy rates, improve neighborhoods, and present solutions for homeowners who need to sell. Today, millions of homeowners are either delinquent on their mortgages or in the foreclosure process. One potential solution for homeowners in this situation is a short sale, in which the lien holder accepts a sale price of the home that is less than the mortgage amount owed. Increasingly, real estate investors are facilitating this solution. When it comes to properties that actually end up in foreclosure, up to 30 percent of them can’t close conventionally. Investors are often the only ones who can buy them.
are plenty of opportunities out there for financing and creative ways to leverage yourself so you can open the door to the investment world – and I want to help you learn how. On January 22nd at 9:00am I will be hosting an online investor webinar – free of charge – to anyone interested in learning more about how to use home purchases as a wealth building tool. There has never been a better time to buy real estate in the Valley of the Sun – let my team and I help you start the New Year off with a real estate investment! - NATE & TEAM There are five real estate investor types: • First-Time Investors • Move-Up Investors • Portfolio Investors • Performance Investors • Rehab and Resell Investors
Despite what you might hear on the evening news, there
7 1 1 1 W B e l l R d S u i t e 1 0 1 . G l e nd a l e , A Z 8 5 3 0 8 O: 602.942.7000 | TF: 800.284.1158
Please call us TODAY or visit NatesHomes.com
HOMES FOR SALE: City
BD/BA Pool Price
4475 E PUEBLO AVE 4477 E PUEBLO AVE 8112 N 31ST Dr #4 1531 W NORTH LN 3409 W MAUNA LOA LN 9917 N 96TH AVE A 1099 E FREMONT DR 7702 S 349TH AVE 311 E ORCHID LN 7966 W HEATHERBRAE DR 6314 W PURDUE AVE 1125 N 6TH ST 2018 W CITRUS WAY 4808 W VILLA MARIA DR 14011 N 30TH DR 12606 W DREYFUS DR 25789 W NANCY LN 13028 W MAUNA LOA LN 1625 W 5TH PL 6808 S 8TH DR 3632 N 195TH AVE 15240 N 142ND AVE 2180 11371 W HOPI ST 7314 W ALTA VISTA RD 2731 W MONTEBELLO AVE 12647 W SENECA DR 10225 W PARKWAY DR 14249 N 50TH LN 5807 W SUNNYSLOPE LN 11817 W FLANAGAN ST 829 E BROWN ST 23982 W HUNTINGTON DR 17445 N 55TH DR 5326 W DESERT HILLS DR 14321 N 153RD DR 24013 W HIDALGO AVE 17408 W WASHINGTON ST 1607 W NANCY LN 155 S 107TH DR 15306 W EUREKA TRL 8377 N 107TH LN 15845 W MOHAVE ST 6210 W MONTE CRISTO AVE 3150 W WILLIAMS DR 5313 W ACAPULCO LN 3429 W KINGS AVE 17218 N 34TH ST 9292 W SANNA CIR 13169 W SHERIDAN ST 20489 N 93RD DR 4811 N 111TH LN 5728 W DESERT COVE AVE 26637 N BABBLING BRK DR 3047 S 257TH AVE 7401 W ARRWHD CLB #2011 7606 W CINNABAR AVE 8106 W HAMMOND LN 2115 W MORROW DR 14231 N 103RD AVE 404 E MILADA DR 3708 W MANDALAY LN 335 W WESCOTT DR 2921 W IRMA LN
2/1 2/1 3/2 3/1 3/1.75 2/1.5 2/1 3/2 3/2 3/2 3/1.75 3/2 3/2 2/1.75 3./1.75 3/2 3/2 3/2 3/1.75 3/2.5 4/2 2/2 3/2.5 3/2.5 3/2 2./1.75 3/2 3/2 3/1.75 4/2 3/1.75 4/2.5 3/2 4/2 3/2 4/2.5 3/2 3/2 3/2 3/2 3/2 3/1.75 3/1.75 3/2 3/2 3/1.75 3/1.75 4/2 3/2 4/2 5/3 3/2 2/2.5 4/3 3/2 4/2.5 4/2.5 3/1.75 2/1.75 4/2.5 4/2 3/2 3/2
Phoenix Phoenix Phoenix Phoenix Phoenix Peoria Tempe Tonopah Phoenix Phoenix Glendale Buckeye Phoenix Glendale Phoenix El Mirage Buckeye El Mirage Mesa Phoenix Litchfield Park Surprise Avondale Laveen Phoenix Sun City West Tolleson Glendale Glendale Avondale Phoenix Buckeye Glendale Glendale Surprise Buckeye Goodyear Phoenix Avondale Surprise Peoria Goodyear Glendale Phoenix Glendale Phoenix Phoenix Peoria Goodyear Peoria Phoenix Glendale Phoenix Buckeye Glendale Peoria Phoenix Phoenix Sun City Phoenix Phoenix Phoenix Phoenix
N N Y N N N N N N N N N N N N N N N N N N N N N N N N Y Y N N N Y N N N N N N N N N N N Y Y N N N N N N N N N N N N N N Y Y N
$14,500 $17,900 $30,000 $35,900 $36,999 $39,900 $41,900 $49,900 $51,500 $57,900 $58,500 $59,900 $62,000 $64,900 $64,900 $66,900 $69,900 $69,900 $70,000 $72,000 $73,000 $74,900 $76,000 $77,900 $79,700 $79,900 $79,900 $80,000 $83,000 $84,000 $84,900 $85,900 $86,500 $87,000 $89,900 $89,900 $90,200 $92,500 $94,900 $95,000 $99,000 $99,000 $99,900 $99,900 $99,900 $99,900 $99,900 $99,900 $102,450 $104,000 $104,900 $104,900 $108,000 $108,300 $110,000 $110,000 $110,500 $112,900 $117,500 $119,900 $119,999 $122,999 $124,999
City
BD/BA Pool Price
12616 W BIRD LN 9272 W ROCKWOOD DR 5354 W CHISUM TRL 915 W BERRIDGE LN 3427 E PARADISE LN 13437 N 151ST DR 7681 W FOOTHILL DR 7027 N SCOTTSDALE RD 147 5722 W BLUEFIELD AVE 15830 N 6TH DR 8025 N 11TH PL 7272 N 90TH LN 3922 E TIERRA BUENA LN 7818 S 37TH WAY 8378 W MYRTLE AVE 1102 W BEHREND DR 699 W GEORGIA AVE 310 S 4TH ST 805 4201 E FIRESTONE DR 1014 E BECKER LN 3515 S 201ST AVE 15324 E RED BIRD RD 19327 W HURON LN 21033 N 70TH DR 3020 W MCRAE WAY 2653 N 143RD DR 195 N IRONWOOD PL 5285 W MOHAWK LN 5339 E SWEETWATER AVE 7535 W TRAILS DR 7529 W TRAILS DR 7542 W TRAILS DR 7572 W TRAILS DR
Litchfield Park Peoria Phoenix Phoenix Phoenix Surprise Peoria Paradise V Glendale Phoenix Phoenix Glendale Phoenix Phoenix Glendale Phoenix Phoenix Phoenix Chandler Phoenix Buckeye Scottsdale Buckeye Glendale Phoenix Goodyear Wickenburg Glendale Scottsdale Glendale Glendale Glendale Glendale
4/2 2/2 4/2.5 2/2 4/2 4/3 3/2 1/1 3/3 3/2 4/3 3/2 4/2.25 3/2.5 3/2 4/2.5 3/1.75 2/2.5 4/2 2/2 4/3 4/2 4/2 3/3 4/4.5 5/4 3/3 4/2.5 4/3 3/3.5 3/2.5 4/3.5 4/4.5
LOTS FOR SALE:
City
Lot Size
Price
Waddell Waddell Waddell Waddell Tonopah Glendale Peoria Peoria Peoria Peoria
37,629 37,629 228,269 327,982 217,800 27,166 52,005 51,952 51,965 32,670
$29,900 $29,900 $35,400 $49,900 $50,000 $64,900 $89,900 $99,000 $99,000 $102,000
3 Brunner LN 0 2 Brunner LN 0 1410 Brunner LN E 1305 Brunner LN 0 34800 W HOPI ST 0 24209 N 65TH AVE 29 9491 W El CORTEZ PL #4 9413 W El CORETZ PL #1 9429 W El CRTEZ PL #2 31003 N 118 LN #9
RENTAL HOMES: 7101 W BEARDSLEY RD 712 14231 N 103RD AVE 9413 W CINNABAR AVE 20310 N 82ND AVE 7101 W BEARDSLEY RD 712 *Furnished/Seasonal Rental
City
Glendale Sun City Peoria Peoria Glendale
N N N N N N N N Y N N Y Y N N N N N N N N N N N Y N N Y Y Y Y Y Y
$125,000 $125,000 $129,900 $129,900 $131,500 $134,900 $134,900 $134,900 $139,000 $140,000 $140,000 $140,000 $157,000 $160,000 $164,500 $164,900 $165,000 $174,900 $174,900 $181,000 $197,500 $233,900 $247,000 $269,000 $275,000 $275,000 $329,000 $350,000 $399,900 $495,000 $525,000 $535,000 $750,000
BD/BA Pool Price 2/.125 2/1.75 4/2 3/2 3/2
Y N N N Y
$795 $900 $995 $1,150 $1,500*
Searching for a home? It’s easy at NatesHomes.com Search any area of the city with just a click of a mouse!
For every home we sell, a donation will be made to the Children’s Miracle Newtwork on behalf of, and in the name of, the Buyer or Seller!
Happy Birthday! Happy Birthday! Happy Birthday! Happy Birthda 01/01 01/02 01/03 01/04 01/05 01/06 01/07
Brigitte Van Wegberg Greg Milroy George Pacheco, Jr Ethan Maurice Brian Dimas Earla E. Lennox Jim Decker Bridget Gessel Jay Valley Danielle De Moss Robert Scutari James Hobin Victor Einfeldt Sue McPhee Teressa Partridge Gary Bennett Nathan Bennett Larissa Bliss Marlene Foulke Wade Bower Wendy Reser Lorenzo Espinoza Romy Ramsey Klyer Brinton
01/08 01/09 01/10 01/11
Patrick Young Robert Eisner Ross Rudisill Conner LaPorte Mely Robayo Dennis Michie Emilio Galindo Rod Stevens Luke Updike Charles Rigg Walter Elias Erika Maurice Bruce Haplin Brenda Blue Richard Ver Velde Robert Burt Mercedes Redder Cheryl Addabbo Alisha Holman Lisa Duong Wendy Chen Susan Dunsten Salina Calles
01/12 01/13 01/14 01/15 01/17 01/18 01/19
Ashlyn Anne Franklin Carrol Davis Lisa Spencer Joy McCain Felicity Barrett Adrienne Picasso Ashley Burrola Laurel Miller Alyson Yeck Carmen Fury Shelley Vallenari Kendra Miller Ricky Delgado Bhakti Patel Steve Vallenari Ryan Ellis Bryan Schrader Jacob Shoulders Heath Lindquist Micah French Eric Johnson Katelyn Lardy Renee Gonzales
01/20 01/21 01/22 01/23 01/24 01/25
Jack Smith John Stark Caleb Maxson Joey Plouffe Cindy Annulli Gizelle Cano David Fenstermaker Amy Marroquin Heidi Felan Lupe Calles Gordon Wolfe Roger Schuler Andrea Gameros Jonathan Alexander Fred Casey Cody Aranda Tara Schwab Lori Wyatt Yash Khanchandani Erin Marsteller Sara Peterson Cathy Raty Aurora Stamper Janet Johnson
01/26 01/27 01/28 01/29 01/30 01/31
Beverly O’Toole Christina Bruce Shannon Biddle Jerry Skinner Jim Wyza Bev Kratochvil Tricia Maxson Renee Taylor Laura Eisner Kali Swichtenberg Linda Bristow Cesar Reyes Donald Thomen Erika Delgado JoAnne Ach Tim Kendrick Vivian Aranas Arleste Pietrofeso Robert Howard Paul Betz Aaron Tsubata Nathan Moya Jamie Chisholm
*** If you do not see your name listed, please call or email our office so we can add you to our birthday/anniversary list!*** 01/01 01/02 01/04 01/05 01/07 01/09
Mr & Mrs Robert Burt Mr & Mrs Michael Barrett Mr & Mrs James Nettles Mr & Mrs Ryan LeWin Mr & Mrs Mike Hord Mr & Mrs Carlos Rangel Mr & Mrs Gerald Mallory
01/11 01/16 01/19 01/21 01/23 01/30
Mr & Mrs Scott Kelley Mr & Mrs Jon Fritch Mr & Mrs Mark Walker Mr & Mrs Victor Carlson Mr & Mrs James Edwards Mr & Mrs Joseph Mitrick
HappyAnniversary
We l Referrals!
The Nate Martinez Team would like to thank the following people for the wonderful referrals they have sent our way.
• Tom Turner, RE/MAX • Dave Ramsey, Dave Ramsey Show • Connie Webb, Century 21 Bell Real Estate Thinking of Buying or Selling? Call Us to find out why these people wanted to refer Us!
THE NATE MARTINEZ TEAM WELCOMES STEWART EISNER An Arizona native, Stewart started in the real estate industry in 1993. His tenacious drive for success has earned him the level of Associate Broker. Additionally, Stewart has been an active member of the largest real estate coaching and training organization in the country. His strong determination and passion to solve problems along with his excellent negotiation skills cause his clients to become referral advocates. Working by referral is his business standard. During his personal time, Stewart enjoys anactive life outdoors, hiking and spending time with his two free-spirited creative sons. His 22 year old son is currently a photojournalism major at NAU and his 20 year old wants to move to Hawaii to become a surfer. With Stewart’s competence and character, clients feel like they are family.
Cash Flow Can Be A Steady & Significant Stream of Income
Join me for a special Investment Webinar: Saturday, January 22nd 2011 at 9:00am To register please email Nate@NatesHomes.com
Here are several examples of investment opportunities on properties we currently have listed for sale: Address Purchase Price 24013 W Hidalgo $89,900 25789 W Nancy $69,900 13028 W Mauna Loa $69,900 13169 W Sheridan $102,450 7606 W Cinnabar $110,000 3047 N 257th Ave $108,300 1607 W Nancy $92,500 5728 W Desert Cove $104,900 6808 S 8th Dr $72,000
Rent
Positive CAP Rate Cash Flow
$950 $815 $815 $975 $1,000 $1,000 $950 $1,095 $850
$543 $412 $483 $604 $664 $549 $558 $765 $428
7.25% 7.06% 8.29% 7.07% 7.25% 6.08% 7.24% 8.75% 7.13%
*Assumes all cash purchase with no repairs. Estimated monthly expenses include property management services, taxes, insurance, HOA, maintenance, utilities, vacancy reserves.
602-942-7000 | www.NatesHomes.com | www.NatesLuxuryHomes.com
Professionals
Each office independently owned and operated
7111 W Bell Rd Suite 101. Glendale, AZ 85308 P: 602-942-7000 E: Nate@NatesHomes.com www.NatesHome.com www.NatesLuxuryHomes.com Want to help us Go Green? You can receive this newsletter via email! Send us your email address! GoGreen@NatesHomes.com
Think Real Estate Investing Is Out of Reach For You? THINK AGAIN Did you know that according to a 2009 National Association of Realtors study of investors, nearly half of all investors had an annual income of less than $75,000? Open this newsletter to learn how YOU can become one of those people! For a market snapshot of your home visit NatesHomes.com
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