Every landlord hopes for a dream tenant who pays their rent on time, lives happily with their neighbors and does not cause trouble when renewing their lease agreement. Unfortunately, things don't always turn out this way. At some point, every landlord encounters an...
Real estate transactions
2 things to check when you spot a property you like
You might have heard people say they knew their property was the one for them the moment they set eyes on it. What you do not hear is all those too embarrassed to admit they made the wrong decision because they let their heart rule their head. It can be tempting to...
Avoiding mistakes in the commercial real estate market
Commercial real estate investors generally are cautious and practical, having to learn so many things when pursuing an investment. They must look at the markets, the practicality of the investments while also attempt to line up potential investor partners. And they do...
Due diligence mistakes commercial buyers often make
If asked to compare residential and commercial real estate, someone familiar with each both might point to government regulation as one difference between them. Government officials closely regulate the residential real estate industry. The same can't be said about...
Should you add a beneficiary deed to your Arizona estate plan?
Estate planning gets more complicated as assets increase in value. It can be harder to decide what you should do with certain property or how to handle things fairly. There are also tax implications if the total value of your estate reaches eight-figures. If you were...
What should (and shouldn’t) you consider as you screen prospective tenants?
Whether you have one home to rent or an entire apartment building, screening prospective tenants can help you avoid financial losses and just all-around problematic renters. Here in Arizona, landlords can charge a non-refundable application fee to prospective tenants...
CC and Rs: What to know before you buy into a planned community
Some residential areas grow organically, one house or street at a time. Others are planned developments and those usually come with a homeowners association (HOA) or another governing entity that enforces certain rules for the people who live there. Those rules are...
Should you have an attorney for your Arizona closing?
Each state has their requirements as to whether an attorney is necessary at a real estate closing. Arizona law generally doesn't require prospective homeowners to have an attorney. Just because the state doesn't require people to have an attorney for a real estate...
What can you do if you are co-heir to real estate?
The loss of a loved one and the distribution of their estate is always challenging. When multiple people inherit a piece of real estate and become joint owners as a result, it can become even more complex. You and the other owners may not agree on how best to use the...
Are you prepared to take on the responsibilities of being a landlord?
Purchasing rental properties can make a great investment for you and your family. A new monthly income stream and the acquisition of assets that can be sold at a later time for profit or passed down to your children sounds like a good idea. Overall, it may sound like...
