The Rental Property Owner Preservation Fund (RPOPF), established by the Governor’s Office, provides assistance to rental property owners across the State of Arizona who are facing rental income issues due to the COVID-19 pandemic. A property does not have to be at risk of foreclosure in order to be eligible for this funding. This program [...]
Even though the COVID-19 pandemic has impacted the economy in many ways, the National Multifamily Housing Council reports that as of May 6th, 80% of apartment households had paid their rent. This may still be 1.5% less than May 2019, but it is over a 2% increase from April 6th, 2020. [CONTINUE READING] The NMHC [...]
We have all heard the phrase “live in the present and forget about the past,” but rarely do we hear the opposite of that. Currently we are in a challenging situation in regard to managing our properties and are being forced to do things in unfamiliar ways. Social distancing has changed the way we show [...]
by Zona Law Group With Coronavirus and its effect on property managers, change is coming on a day-to-day basis. On Friday, the federal C.A.R.E.S. Act was passed which creates a moratorium on evictions for non-payment issues. This was in addition to the executive order signed by Governor Ducey which delayed the execution of writs in [...]
by Gene Gaurino The size of the home, the number of bedrooms and bathrooms and the layout are all major considerations when it comes to choosing a home for Residential Assisted Living. In general, bigger is better. More bedrooms and bathrooms mean more revenue. Private rooms bring higher income then shared rooms. Private bathrooms can [...]
Making The Impossible Deals Possible, Bill Cook A realtor asked me to show her a real-world example of a deal we did that demonstrates how we make impossible deals possible. No problem, but I ask one favor: As you read this, BEFORE reading how we structured this deal, think about how YOU would have put [...]