In Arizona, residential investors and home-owners always insure for the cost to-rebuild. The vast majority of residential homes are newer, and by insuring for cost to re-build, the owner knows that there is enough insurance coverage to replace the house with a new one if something really bad happens. The “Parable of the Twins”: Brad [...]
It’s no secret, the days of purchasing single family homes for investment purposes has become extremely competitive and challenging for the average buyer. No doubt it’s a sellers’ market, especially in major metropolitan areas like Phoenix, Atlanta, Charlotte, Chicago, Dallas-Fort Worth, Portland and Seattle with values appreciating in the last 12 months 8% to 25%. [...]
So you have begrudgingly paid hundreds of dollars for a title policy… Now what? In the investor world, one of the most frequently asked questions I get is “Do I need this?”. I always say yes and here is why: I could tell you lots of horror stories about lenders and buyers who did not [...]
As a rental property investor, you need to have a working knowledge of many different subjects. You may not have to become an expert, but it is good to have a basic understanding when it comes to roofing, landscaping, plumbing, electrical, HVAC, taxes, insurance, and of course, the Arizona Landlord-Tenant Act. While a really great [...]