Calgary_Girl
Full time employment: Posting here.
Hi guys.
Hubby and I are toying around with the idea of buying some recreational/investment property in Arizona. We currently live in Calgary, Alberta, Canada and due to the current cold snap (today's HIGH was -4F) this is starting to look more and more appealing.
We are not looking at moving from Calgary since our current standard of living is quite good but are looking for a recreational property (ie. condo only) that we can use for a few weeks during the winter and hopefully rent out during the remaining winter months to vacationers. We are also looking at this as a long term investment and hope to use this as our second home when we do retire. Everything I've read points to Arizona as being one of the top places to retire so we're hoping that if we do this it will be a worthwhile investment.
Any feedback on things to watch out for or on Arizona as a destination? We found a nice place in Chandler, AZ on the net for about $200K that looks quite reasonable. I've been to Chandler before and liked the area.
For what it's worth, I am 32 and hubby is 35. We have no debt and own our home free and clear. Our current net worth is about $750K.
Thanks!
Hubby and I are toying around with the idea of buying some recreational/investment property in Arizona. We currently live in Calgary, Alberta, Canada and due to the current cold snap (today's HIGH was -4F) this is starting to look more and more appealing.
We are not looking at moving from Calgary since our current standard of living is quite good but are looking for a recreational property (ie. condo only) that we can use for a few weeks during the winter and hopefully rent out during the remaining winter months to vacationers. We are also looking at this as a long term investment and hope to use this as our second home when we do retire. Everything I've read points to Arizona as being one of the top places to retire so we're hoping that if we do this it will be a worthwhile investment.
Any feedback on things to watch out for or on Arizona as a destination? We found a nice place in Chandler, AZ on the net for about $200K that looks quite reasonable. I've been to Chandler before and liked the area.
For what it's worth, I am 32 and hubby is 35. We have no debt and own our home free and clear. Our current net worth is about $750K.
Thanks!