Going into the new year, just about everyone has heard the big news: The real estate market is slowing down. Crazy annual price spikes are waning, more properties are hitting the market, and there are fewer buyers to compete with. Everyone is wondering what that means for 2019. Will all long-frustrated, aspiring homeowners finally be able crack open […]
Whether its due to an influx of assisted animals or because landlords are becoming more pet-friendly, anecdotally, we have seen an increase in the number of animals in rentals. As a result, we are seeing an increase in incidents involving dog bites and attacks. In Arizona, the owner of a dog is strictly liable for […]
Question: I texted my tenant that the rent was owed and sent a picture of the 5-Day Notice for Non-Payment of Rent. They responded by saying, “I will pay the rent.” Is that valid service?
Answer: You have a decent argument you can make that notice was valid because they have actual knowledge of the notice. […]
As an investor I like to buy houses for the investment, but the truth is, my real love is technology. I’m amazed at how far the technology has come in cars for example from a horse and buggy to the fully electric Tesla; a lot about cars has changed. For those who grew up in […]
Over the years, we at WZP Legal, have presented at AZREIA and written numerous articles for this newsletter, about the importance of fair housing laws. Whenever we give a presentation, AZREIA members come to us with a “quick question” and ask us what is the best thing they can do, to avoid violating fair housing […]
Rising construction costs and a tight labor market are slowing a nearly decade long apartment boom…
….likely easing a burgeoning glut at the top end of the market that has been forming across the U.S. Multifamily building permits have fallen each month since March, according to federal data. That type of slowdown suggests there should be […]