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Investor Guide • Arizona

Build wealth with Phoenix & Buckeye real estate.

Rentals, flips and short-term rentals.

Start My Investment Plan
NoRent ControlState law bars cities from adopting it
0%City Rental TaxEliminated in 2025 for long-term rentals
$531KValley Median Sale PriceRedfin, Jun–Aug 2026 · 23 Valley cities
Your Agent

Investing with a plan, not a hunch.

Investment real estate works best when the numbers come first. I've spent more than 12 years in Arizona real estate, and as a third-generation Phoenix native, I know how prices, property types and local rules vary across the Valley. I'll help you set your criteria, run the numbers on properties that fit, and negotiate for you from the first offer to closing, whether it's your first rental or your tenth.

✓160+ closed sales across the Valley
✓Off-market opportunities that fit your criteria
✓1031 exchange help, coordinated with your intermediary and CPA
✓One agent for buying, selling, or investing — no need to switch teams
Let's TalkText Me
Rebecca Medrano, Arizona Real Estate Agent
Investment Strategies

Find the path that fits your goals.

Every investor's playbook looks different. Here's how I support each strategy.

Buy & Hold Rentals

Long-term cash flow and appreciation. I help identify cash-flow-positive submarkets, run the numbers before you make an offer, and connect you with reliable property management.

Fix & Flip

Value-add opportunities across the Valley. From sourcing distressed and off-market listings to timing your resale, I help you move fast without overpaying.

Short-Term Rentals

Airbnb & VRBO-ready properties. I help you evaluate STR regulations city by city, projected nightly rates, and furnishing/management partners.

Run the Numbers

Estimate your cash flow and cap rate.

Plug in a property's numbers for a quick, ballpark estimate. This is a starting point for a conversation — not a substitute for full underwriting.

Starting point: Freddie Mac weekly average + 0.75%. Type your own rate.
Taxes, insurance, HOA, maintenance & vacancy reserve
Estimated Monthly Cash Flow
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After mortgage & operating expenses
Est. Monthly P&I$0
Cap Rate0%
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Ready to Talk Strategy?

Let’s Talk Investment Strategy

Tell me about your goals and I’ll help you map out the next steps. No pressure, no obligation.

Step 1 of 2
What’s your investment focus?
Pick the option that fits best.
When are you hoping to buy?
Pick the option that fits best.

One more short step, then Rebecca will take it from there.

Thank you.

Rebecca will review your goals and touch base within one business day to map out next steps.

In the meantime, compare price per sq ft across 41 Valley cities (Cromford) →

Investor FAQ

Questions every investor asks.

160+Homes closed by Rebecca across the Valley
12+Years of Arizona real estate experience
Do I need to live in Arizona to invest here?

No. I can coordinate showings, inspections and closing logistics so you don't need to be on the ground.

What are the short-term rental regulations like?

Arizona is one of the more short-term-rental-friendly states: state law doesn't allow cities to ban short-term rentals, but many Valley cities — including Phoenix and Scottsdale — require a local permit or registration, and every operator needs a state transaction privilege tax (TPT) license. HOA rules can still restrict rentals, so I'll check the city requirements and the HOA documents for any property you're considering before you buy.

Can you help coordinate a 1031 exchange?

Yes. I work alongside your qualified intermediary and CPA to help you identify and close on replacement property within IRS timelines.

What loan programs work for investment properties?

Conventional investment loans, DSCR (debt-service coverage ratio) loans, and portfolio lender options are all common. I can refer you to lenders who specialize in investor financing.

Do Arizona cities tax rental income?

Not on long-term rentals anymore. Since January 1, 2025, Arizona cities and towns can no longer charge their rental tax (TPT) on residential rentals of 30 days or more — many used to charge around 2–4% of rent. Short-term rentals under 30 days still owe state and local lodging taxes, and rental income is still subject to regular state and federal income tax, so talk with your CPA about your situation.

Can an HOA stop me from renting out a property?

It can. Arizona law limits what cities can do about rentals, but it doesn't override an HOA's CC&Rs, which can set minimum lease terms, require rental registration or prohibit short-term rentals entirely. Before you buy an investment property in an HOA community, I'll help you review the CC&Rs and rules so there are no surprises.

Not ready to talk yet?

Browse investment-ready listings on your own first.

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