By Michael J. “Mick” McGirr, Esq., Phocus Law I did not make the title of this article a line from The Offspring just for fun. It is also sound advice for investors. The question I get asked more than ANY other question from real estate investors is some iteration of, “Am I okay putting all [...]
By: Michael J. “Mick” McGirr, Esq. Phocus Law Typically, I write in this space about topics affecting transactions, contracts, or the nuts and bolts of different aspects of your deals. That is because I spend 90% or more of my time working on the business end of things. However, one of the services Phocus Law provides [...]
By: Michael J. “Mick” McGirr, Esq., Phocus Law I love writing this monthly article for AZREIA because it provides an opportunity for me to crystalize thoughts I’ve encountered during my work from the previous month. Often, inspiration for articles comes from items that have been recent recurring themes. Such is the case this month. At [...]
Perhaps more than any other state, Arizona is rife with homes that are located within communities governed by homeowners or community associations. There are a lot of advantages and also some disadvantages to purchasing an investment property within a community association. The purpose of this article is to briefly explain the legal basis of community [...]
Routinely, I have clients come to me to ‘document’ transactions for them, meaning I am responsible for putting together the various contracts and agreements that will serve to create the legal obligations between the parties to the transaction. Despite having documented more deals than I can count, representing likely close to 100 million dollars changing [...]
No matter what type of business you run, contracts are essential. If you’re reading this and thinking to yourself “they aren’t essential to my business”, or “I hardly use any contracts at all” then YOU ESPECIALLY need to read on. When used properly, contracts help to accomplish several vital objectives: Set expectations between the parties [...]
