by Maureen Laupp | Feb 12, 2019 | AZREIA, Did You Know..., Landlord, Legal Procedures, Property Manager, Rentals, Small Business, Strategy
What information can you ask for, and what information should the old landlord provide? In the rental industry, it has become common practice that when landlords qualify potential applicants, they send out rental verification forms to previous landlords. This is a...
by Maureen Laupp | Jan 8, 2019 | AZREIA, Did You Know..., Investing, Landlord, Market Changes, Property Management, Rentals, Strategy
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...
by Maureen Laupp | Jan 3, 2019 | AZREIA, Did You Know..., Landlord, Landlord Tenant Law, Legal Procedures, Small Business, Strategy
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...
by Maureen Laupp | Jan 3, 2019 | AZREIA, Did You Know..., Landlord, Landlord Tenant Law, Legal Procedures
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...
by Maureen Laupp | Dec 27, 2018 | AZREIA, Credit Reports, Debt Relief, Did You Know..., Investing, Judgements, Landlord, Landlord Tenant Law, Market Changes, Small Business, Strategy
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...
by Maureen Laupp | Dec 20, 2018 | AZREIA, Creative, Did You Know..., Investing, Landlord, Landlord Tenant Law, Legal Procedures, Property Management, Property Manager, Rentals, Strategy, Zona Law Group
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...
by Maureen Laupp | Dec 6, 2018 | AZREIA, Buy & Hold, Creative, Did You Know..., Investing, Landlord, Market Changes, Property Management
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...
by Maureen Laupp | Nov 27, 2018 | AZREIA, Did You Know..., Investing, Landlord, Landlord Tenant Law, Legal Procedures, Property Management, Property Manager, Rentals, Strategy, Zona Law Group
Question: My lease automatically goes month-to-month when it expires, unless the tenant or I give notice. If I want to increase the rent, what do I have to do? Answer: An increase in the rent, is basically you terminating the old lease, and starting a new one, using...
by Maureen Laupp | Nov 22, 2018 | AZREIA, Did You Know..., Judgements, Landlord, Landlord Tenant Law, Legal Procedures, Market Changes, Property Management, Rentals, Zona Law Group
Landlords often participate in Section 8 or other subsidized rent programs. They figure that jumping through the extra red tape and government regulations, is worth getting their funds guaranteed on the first of the month. We generally don’t take a position on...
by Maureen Laupp | Nov 13, 2018 | AZREIA, Creative, Did You Know..., Investing, Landlord, Property Manager, Rentals, Strategy
More than three-quarters of Americans now view renting as more affordable than owning a home, the latest sign that rising mortgage rates and higher home prices will continue to pressure home sales. Some 78% of people now say that renting is more affordable than...