by Maureen Laupp | May 11, 2020 | Coronavirus, COVID-19, Landlord, Market Changes, Multi-family, Property Management, Property Manager, Rentals
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...
by Maureen Laupp | Apr 28, 2020 | AZREIA, Business Planning, Coronavirus, COVID-19, Fair Housing, Financing, Investing, Landlord, Market Changes, Multi-family, Property Management, Property Manager, Rentals, Strategy
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. ...
by Maureen Laupp | Mar 5, 2019 | AZREIA, Did You Know..., Investing, Landlord Tenant Law, Legal Procedures, Property Management, Property Manager, Small Business, Strategy
Question: 60 days before my tenants’ lease expires, I always send a renewal letter telling them what their options are: they can sign a new lease, they can stay on a month-to-month lease at a higher rental rate, or they can terminate their lease. Recently, I sent out...
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 | 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 13, 2018 | AZREIA, Did You Know..., Landlord Tenant Law, Legal Procedures, Property Manager, Rentals, Small Business, Zona Law Group
Question: My tenant moved into my single-family home four months ago and still has not put the utilities in their name, as required by the lease. Can I shut off the power? Answer: In Arizona, there is never a situation where the owner can turn off the power. Under...