Who are we? And what do we do?
Vanguard Platinum was founded by Erin Goldbach (that's me), and I'm the Designated Broker. I've been a realtor here in the Phoenix area for 6 years. I've spent that time truly honing my skills and studying the market. To put it bluntly, I'm the guy you want on your side. A lot of realtors are in the business part time, and treat it like a hobby. I take it very seriously. And I should! After all, we're talking about the biggest investment most people are ever going to make! That's serious business, and I want my clients to know that they've got a professional in their corner who really knows what he's doing.
My philosophy is this: I succeed only when YOU achieve YOUR goals! Whether you're a first time buyer looking for a starter home (and believe me, now is the time!) or an investor looking for someone to help you build and manage a portfolio, I want to be the guy who helps you reach your goal!
And this is an amazing time to be either a first time home buyer, or an investor.
Why? Simple: Home prices are down! WAY down!!
And for First Time Home Buyers, you get an $8,000 Federal Tax Credit! And that can be used at the time of purchase, to cover your down payment and closing costs!
Translation: You can buy a home with NO MONEY DOWN!
The market is equally as good for investors! Anyone with some cash, or who's willing to put some "sweat equity" into a property, can really take advantage of the market!
And the market today can work for investors as either a "fix and flip" or "hold and rent".
What does that mean? With the current property prices, its not hard to find distressed properties, that can be bought for as low as $20,000. These properties usually need some work, but are generally structurally sound, and when fixed up with $10-20,000 worth of remodeling, can then be resold for $20,000 profit, or more! I'm working with an investor now who picked up a home in the area of 43rd Ave and Northern for $110k. He's spending $20k to rehab it, and I'm going to start marketing the home at $170,000. I expect to get multiple offers, and the final sale price to be around $180,000, if not higher. That's a $40-50,000 Profit!!
But a investor could also buy a property for $80-100,000, with an Investor Rate Mortgage, and be looking at a monthly mortgage payment of about $550, with taxes and insurance. That same property, once cleaned up, will rent for $800-$1,000 a month. So, once I've found you a tenant (did I mention I do Property Management? LOL!), you're looking at $200-$400/month positive cash flow! And the value of that property is only going to go up as the market recovers from the slump we've been in!
Now, you might think that all I'm interested in is the money side of Real Estate. But really, what I enjoy is doing my job well, and making sure my client is happy. I'm as excited by the prospect of helping a young couple find that home they're going to start building a life together in, as I am when I find an investor a property that he can really sink his teeth into and make a living on!
Like I said, My success is measured by how many of your dreams I help you achieve!
Vanguard Platinum Realty
Erin Goldbach
Owner/Broker
602 524 0186
Erin@ErinGoldbach.com
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