Latest Edition of
The AZREIA Advantage Digital Newsletter
Cover Story | Zona Law | Mark Zinman
AZREIA’S Fair Housing Panel
April was fair housing month, and in support of fair housing, AZREIA held a panel discussion on the scope of fair housing laws along with their impact on investors and owners. Like fair housing laws themselves, the conversation covered a wide range of topics from lending to occupancy…[READ MORE]
Executive Director Message
Elevating Standards: AZREIA's Commitment to Ethics and Integrity in Arizona's Real Estate Investing
Michael Del Prete | AZREIA Executive Director
In the world of real estate investing, the pillars of ethics and integrity are more than just buzzwords—they are the foundation upon which sustainable business practices are built. As the Executive Director of AZREIA, I’m proud to lead an organization that not only recognizes this but actively cultivates these values in our community…[READ MORE]
ADUs and Apartments: Solutions for Increasing Density
Rob Jafek | Boomerang Capital Partners
If you haven’t heard – Phoenix is awesome and seems to have everything going for it! Just consider the following...[READ MORE]
Crafting Your Vision Into Reality: Custom Homes, Cabinetry, Additions & Renovations
Sina Sabeti | Niksi Contracting
Welcome to Niksi, where innovation meets craftsmanship to create spaces that truly inspire. From conceptualizing architectural marvels to…[READ MORE]
State 48 Roofing: Your Partner in Seamless Real Estate Transactions
By Kianna Parker | State 48 Roofing
In the world of real estate transactions, every detail matters. From property inspections to closing deals, the process demands precision and reliability. At State 48 Roofing, we understand the critical role that roofing plays in the equation. With our to timely service, quality workmanship, and unparalleled…[READ MORE]
Litigating Your Dispute – Lost Money or Not?
Michael J. “Mick” McGirr, Esq.| Phocus Law
Litigation – a word almost nobody likes to hear aside from a small pocket of lawyers who like to be unhappy. If we are being honest, when any investor hears that L-word, they see money going away that they will never…[READ MORE]
Understanding the Timeline: How Long Do You Have to Own an Investment Property Before 1031 Exchange?
Michael Velasco | Exchangeable, LLC
Investing in real estate offers a plethora of opportunities for wealth accumulation and asset growth. Among the strategies available to real estate investors, the 1031 exchange is a powerful tool for deferring capital gains taxes when selling one investment property and acquiring another...[READ MORE]
From Fractional Banking to Freedom: How the Infinite Banking Concept Counters Conventional Banking Flaws
Olivia McGraw | Unbridled Wealth
To understand the unique approach of the Infinite Banking Concept (IBC), it’s essential to first delve into the foundational practices of the modern U.S. banking system – particularly, fractional reserve banking. This system, where banks are required to keep only a fraction of their total deposits in reserve and are free to lend out the remainder is a cornerstone of contemporary finance…[READ MORE]
Don’t Get Burned: Why Occupancy Status Matters
Derek Kartchner | Gila Insurance
One of the most frequent questions I get asked at the AZREIA monthly meetings is, “Does it matter if I have the wrong policy?” People don’t ask it that way, but that IS the question they are asking. In some cases, they ask, “Will a rental property work for a flip?”...[READ MORE]
Crafting Your Vision into Reality: Custom Homes, Cabinetry, Additions, & Renovations
Sina Sabeti | Niksi Contracting LLC
Welcome to Niksi, where innovation meets craftsmanship to create spaces that truly inspire. From conceptualizing architectural marvels to constructing…[READ MORE]
Warning Signs of Wire Fraud for Investors, Fix and Flips, Wholesalers, & Sellers
Maria Brandenburg & Janet Moe | Great American Title
A hot topic for investors and/or anyone receiving funds via wire transfer is the potential for wire fraud. Due to the ongoing increase in wire fraud schemes, it is pertinent to be aware of the various scenarios and to follow some tips to protect against wire fraud…[READ MORE]
AZREIA’S Fair Housing Panel
Mark Zinman | Zona Law Group
April was fair housing month, and in support of fair housing, AZREIA held a panel discussion on the scope of fair housing laws along with their impact on investors and owners. Like fair housing laws themselves, the conversation covered a wide range of topics from lending to occupancy…[READ MORE]
Legally Speaking Q&A: MTM Rate Cap
Mark Zinman | Zona Law Group
Question: I have a resident whose lease ended in 10/2023 and has been on month-to-month (MTM) since at the rate of $2,200. We recently made an increase and provided over a 60-day notice of the increase in MTM charge to $2,600. He is now fighting me on the increase. We have offered multiple times to him to renew his lease with different options, but he continues to choose to stay at MTM. Is there a cap on what we can charge for MTM rates?…[READ MORE]
Market Updates
Ellis Tran | PadSplit
Total Unit Count: 496 (72 properties)
Occupancy: 83%
Weekly Rates: $215/week ($935/mo)
Days for First Booking in PadSplit: 2.2
Days to Reach 80%/100%Occupancy: 15.7/30
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