Latest Edition of

The AZREIA Advantage Digital Newsletter

Cover Article | Jeremy Holden

Why Investors Are Chasing Short Term Rental Tax Savings The Potential to Offset W-2 Income While Building Cash Flow

I haven’t paid taxes in four years, and that experience has changed how I look at real estate. As an investor helping clients pursue this strategy, I see short-term rentals as the strongest residential investment play for one specific trifecta: cash flow, appreciation, and tax savings. The opportunity to combine all three is what makes this approach so compelling to me The tax write-off craze gets the headlines. Keeping more of what.......[READ MORE]

Executive Director Message

Stop Negotiating Only on Price. Start Negotiating Terms.

Mike Del Prete | AZREIA Executive Director

Here’s a number that caught my attention: 59% of recent Greater Phoenix MLS sales included some kind of seller-paid incentive. The median was about $10,000. In the $350,000 to $400,000 price range, that number climbed to 71%.. Sellers are already making concessions to get deals done. Are you asking for the terms that would make a deal work for you? Buyers have also been closing at roughly 97% to 97.5% of list.....[READ MORE]

Still Standing

Rob Jafek | Boomerang Capital Partners

Elton John’s chorus to “I’m Still Standing’ characterizes the current market pretty well: Don't you know that I'm still standin' better than I ever did? Lookin' like a true survivor, I'm feelin' like a little kid (Ah-ah) And I'm still standin' after all this time (Ah) Pickin' up the pieces of my life without you on my mind (Ah-ah) You’ve heard this song, and I bet you did the ‘ah-ah’ in your head. Great song. It has been easy to find things to worry about in real estate over the last few years,.....[READ MORE]

Creative Finance in Arizona: A Few Follow-Up Thoughts

Michael J. " McGirr | Phocus Law

I had the opportunity to sit on AZREIA’s creative finance panel last month, and it was a great discussion. There was a lot of interest, a lot of practical questions, and thankfully only a reasonable amount of confusion. For those who attended, I wanted to share a few follow-up thoughts in reflection on that panel. And for those who were not able to make it, here is the high-level version from a legal perspective......[READ MORE]

Insuring Padsplit Properties: What AZREIA Investors Need to Know

Derek Kartchner | Gila Insurance

Renting by the room through platforms like PadSplit has become one of the more popular cash-flow strategies among Arizona investors, and it's easy to see why: multiple income streams from a single property can significantly outperform a traditional single-family rental. But before you list a room-rental property, it's worth understanding that these homes create an insurance problem most investors don't see coming until a claim gets denied.......[READ MORE]

Retaliation Doesn't End Well For Oregon Landlord

Mark Zinman | Zona Law Group

An Oregon landlord was recently hit with a judgment for $32,000, after a jury found that he had retaliated against the tenant for not paying a bill. Of course, Oregon law is different than Arizona; however there are still important lessons to be gleaned from the case. FACTS:.According to the facts as presented in court, an Oregon tenant reported an issue with an electrical plug. The landlord believed the tenant caused the problem, and charged the tenant..[READ MORE]

Invest Your Retirement Savings with Pride

J.P. Dahdah | VantageIRA

Investing is typically not an area most people are confident in. In fact, anything surrounding money and financial matters tend to make people uncomfortable, stressed, and anxious....[READ MORE]

Deconstruction vs. Demolition: 4 Primary Benefits

Chuck Warshaver | Stardust

When a business and/or homeowner decides to rebuild or remodel an existing structure, they want to finish the project as soon as possible and at the lowest cost. At first glance, it seems easier and quicker to demolish the building....[READ MORE]

Where the Smart Money Moves Next: A Clear Read on Today’s Market

Dan Noma Jr. | Easy Street Offers

After six months inching toward a buyer’s market, Phoenix has snapped back to balanced—not because demand spiked, but because over 40% of Q2 listings were canceled. When that much inventory is pulled from the MLS, supply appears tighter even as motivation among sellers quietly rises. Active listings are up double digits year over year, yet prices per square foot remain flat. Days on market have stretched toward 70, and price reductions are climbing....[READ MORE]

Design as Dividend: Why Good Architecture Pays You Back

Nicholas Tsontakis | Dwell Boldly

When Loloma 5, a set of five live-work units designed by Will Bruder in Phoenix in 2004, hit the market, it didn’t lean on excess square footage or trend-driven finishes to justify its value. Instead, the difference was design: disciplined, intentional, and built to endure. Even as newer product entered the market, Loloma 5 held its position....[READ MORE]

Legally Speaking Q&A: Tenant Complaints and Retaliation

Mark Zinman | Zona Law Group

Question: I am going through an eviction and the tenant turned in keys. Can I proceed with an eviction......[READ MORE]

50-Year Mortgage: Why the Lower Payment Sounds Good but May Cost You More

Jason Powers | 1024Wealth

The idea of a 50‑year mortgage recently resurfaced in Washington corridors as a proposed solution to America’s housing‑affordability squeeze. The Trump administration and the Federal Housing Finance Agency (FHFA) floated it as a “game changer.” According to an Associated Press analysis in November 2025, on a median‑priced U.S. home ($415,200) with a 10 % down payment and a 6.17 % interest rate, a 30‑year mortgage would have a monthly payment of about.....[READ MORE]

Rethinking the Traditional 1031 Exchange

Eckard Enterprises | Eckard Enterprises

Many real estate investors use a 1031 exchange to defer capital gains taxes while moving from one property into another. Traditionally, this means trading an apartment building for a retail center or raw land for an industrial asset. However, some investors are exploring a different path by exchanging into mineral rights. Because certain mineral interests are treated as real property, they can qualify within a properly structured 1031 exchange.....[READ MORE]

The Equity in Your Rentals Is Not Stuck

Jake Burt | Neighborhood Loans

Plenty of investors are sitting on rentals they bought or refinanced years ago with serious equity and financing they never want to give up. So the equity just sits there while they tell themselves they will tap it someday. A full cash out refinance would torch the existing loan, and nobody makes that trade willingly. The result is a portfolio that looks strong on paper but cannot fund the next deal.......[READ MORE]

The Fix & Flip Game Has Changed. Here's What We're Doing About It.

Brian and Gina Kingdeski | Green Light Buying Machine

For years, the fix-and-flip business was straightforward. Find the right property. Buy it at the right price. Renovate it. List it. Sell it for a profit. But the landscape has changed. Higher interest rates. Higher acquisition costs. Higher renovation costs. Longer project timelines and longer hold times. What used to be a predictable 90-day project can take considerably longer now. And every additional month you hold is more interest, more taxes, more insurance, more.......[READ MORE]

Affordable Housing, First-Lien Credit & Cash Flow in Arizona
Silvercrest Opportunity Fund × Win Mobile Homes

Alden Guajardo | Silvercrest Opportunity Fund

Arizona continues to face a basic housing challenge: affordability. Even when conventional home prices soften, the monthly cost of ownership remains difficult for many working households. That creates demand for lower-cost housing and alternative financing. Our strategy is built around that need—not on rapid appreciation.

Win Mobile Homes sources, acquires, renovates, sells and seller-finances manufactured.......[READ MORE]

Investing in Real Estate With Your IRA: What Investors Need to Know

Nate Hare | Directed IRA

Many real estate investors focus on finding deals, raising capital, and managing cash flow, but overlook one of the most flexible tools available to them: their retirement account. Contrary to common belief, IRAs have always been permitted to invest in real estate. They can own rental properties, participate in private real estate partnerships, lend money as private lenders, or invest in commercial and multifamily projects. The limitation most investors encounter is not a legal one, but.....[READ MORE]

PadSplit Market Update

Ellis Tran | PadSplit

Total Unit Count: 1282 (202 Properties)

Occupancy: 83% (87% Mature)

Weekly Rates: $212/week ($918/mo)

Days for First Booking in PadSplit: 6.1

Days to Reach 80% Occupancy: 33.1/49

Why Rising Interest Rates Can Benefit Maricopa County Real Estate Investors

DiAnna Jackman | NorthStar Title Agency

While higher interest rates often generate concern, they can actually create a healthier economic environment and new opportunities for real estate investors in Maricopa County, Arizona. When borrowing costs increase, housing demand tends to moderate, reducing the intense competition and bidding wars that have characterized recent years. As a result, home prices often grow at a more sustainable pace, giving investors greater......[READ MORE]

The Business Behind the Airbnb: Financing That Matches How STRs Actually Work

Jakob Fuhriman |Capital Fund 1

Short-term rental investors often run into a financing gap that traditional rental buyers don't: banks typically want to see proof of a property's rental income, or a lease already in place, before they'll finance it — something a new short-term rental doesn't have on day one. That's why most successful. STR investors use financing built around how these properties are acquired, prepared, and start generating income, rather than a single loan meant for a traditional long-term rental.......[READ MORE]

Opportunities in Arizona are on the RISE!

Janet Moe |Great American Title

Temperatures are still rising in Arizona. Investors, this is the time to raise your thermostat and embrace the opportunities awaiting you. When you encounter transactions that have many title issues, and other challenges in the transaction, you need a trusted team to help navigate through a successful close of escrow.

There are few transactions we cannot tackle and we have all the Marketing resources to meet your needs!.....[READ MORE]