Insurance Advice for Procrastinators

2020-09-01T15:57:14+00:00September 1st, 2020|Newsletter, State Farm|

( READ THIS NOW . . . NOT LATER ) Procrastinators have insurance problems in two areas: (1) buying an insurance policy, and (2) switching to a better insurance policy. Most investors ‘leverage’ their money by using a mortgage when they buy a rental property. And because every mortgage lender requires insurance, it is almost [...]

Counterfeit Checks on the Rise

2020-09-01T15:57:04+00:00September 1st, 2020|Chicago Title Agency, Newsletter|

Scenario: Title Company opens a sales transaction. The sales price was $379,900. The buyer was purchasing the property for cash, no financing. The purchase agreement required an earnest money deposit in the amount of $5,000 but the buyer remitted a check for the full sales price. The check was a company check and was drawn [...]

Andy the Lender Checking In

2020-09-01T15:56:55+00:00September 1st, 2020|Newsletter, Peoples Mortgage Co|

I may sound like I am beating a horse at this point, but interest rates are on absolute fire at a 50-year low. No matter what your goals are, how many homes you have… now is the time to strike while the iron is hot. Make sure to take advantage and pick up those additional [...]

Suit Filed Challenging Governor’s Order

2020-09-01T15:56:47+00:00September 1st, 2020|Newsletter, Zona Law Group|

On March 24, Governor Ducey entered an executive order that delayed writs of restitution following evictions actions where the resident was impacted by COVID-19. This was set to expire on July 22, 2020 but was extended by the Governor via another executive order (“EO”). The newest EO is set to expire on October 31, but [...]

Rental Comps for Fix & Flips? Really?

2020-09-01T15:56:36+00:00September 1st, 2020|Equity Finders, Newsletter|

Wow! The housing market continues to be hot! Every day I talk to investors who are not only looking for great deal properties to fix and flip, but they’re also looking for great long term buy and hold rentals. So, if your plan is to fix and flip, are you overlooking the importance of rental [...]