Is it better to buy a turnkey rental or a fixer-upper in Phoenix?
Turnkey rentals let you start collecting rent immediately with less rehab risk and easier financing, while fixer uppers can offer better purchase prices and the chance to force equity through improvements. The Phoenix rental market varies by neighborhood and property type, and Your decision depends on your budget, whether you can manage a renovation, how soon you need income, and your comfort with construction costs in the current market. Financing is typically simpler for move in ready properties, and some loan programs restrict the amount of deferred maintenance. Jon can help you evaluate specific properties and run the numbers for your goals.
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Meet Jon Hegreness
Jon Hegreness
REALTOR / Associate Broker · Howe Realty
AZ License BR540940000
Full-time Phoenix North Valley REALTOR and Associate Broker with 24 years in Arizona residential real estate. A negotiator and problem solver who works the way you would want a friend in the business to work: direct, on your side, and steady through the parts that get complicated.