Latest Edition of
The AZREIA Advantage Digital Newsletter
Cover Story | AZREIA | Michael Del Prete
July Highlights: AZREIA’s Online Meeting and 3-Year Podcast Anniversary
As we move into the summer heat, I want to share some important updates and exciting news with you. In July, AZREIA will be taking a brief pause from our in-person meetings. However, don’t worry—we’re not disappearing! Our office will still be open and available to take calls to assist our members. We will also host our online monthly meeting on July 8th, so make sure…[READ MORE]
Executive Director Message
July Highlights: AZREIA’s Online Meeting and 3-Year Podcast Anniversary
As we move into the summer heat, I want to share some important updates and exciting news with you. In July, AZREIA will be taking a brief pause from our in-person meetings. However, don’t worry—we’re not disappearing! Our office will still be open and available to take calls to assist our members. We will also host our online monthly meeting on July 8th, so make sure…[READ MORE]
![AZREIA Logo](https://azreia.org/wp-content/uploads/2023/10/AZREIA-Logo.png)
Mise En Place and Your Investment Property: The Perfect Recipe for Success
Insights on Foreclosure
Understanding "Like for Like" in a 1031 Exchange
Unbridled Wealth: 20-20-60 Business Model
Unbridled Wealth is part of a family of 33 Unbridled companies. And every single company uses what’s called the 20-20-60 business model. Here’s how it works: 1. The First 20% of Profits are Given to UnbridledACTS. This is our non-profit whose mission is to “love people to…[READ MORE]
Loss of Rent Coverage: Your Financial Lifesaver in Stormy Times!
Attention all real estate investors! Ever had one of those days when everything seems to go wrong? Imagine this: you’re enjoying a peaceful morning when you get a call from your tenant. However, instead of the usual chit-chat about mail mix-ups, noisy neighbors, or the running toilet, they inform you that a burst pipe has turned your beloved...[READ MORE]
Crafting Your Vision into Reality: Custom Homes, Cabinetry, Additions, & Renovations
Welcome to Niksi, where innovation meets craftsmanship to create spaces that truly inspire. From conceptualizing architectural marvels to constructing custom homes, and breathing life into…[READ MORE]
INVESTORS BEWARE!
Court of Appeals Prohibits Suing of Guarantors in Eviction Actions
In the past, we have written several articles about the difference between a guarantor and a co-signor. The summary is that a co-signor is someone who is financially liable and signs the lease, and they have a right to live at the property, though many do not. On the other hand, a guarantor…[READ MORE]
Legally Speaking Q&A: Camera in Pool Area
Question: I own a small apartment community with 20 doors. It is built in the shape of a square with a pool in the middle. We have had problems at night with people in the pool disturbing residents trying to sleep. We don’t know who is causing the problem. Is there any problem with putting up a camera and having it face the pool?...[READ MORE]
The Backdoor Roth Strategy
Mat Sorensen | Directed IRA
Do you make too much money to contribute to a Roth IRA? If so, the “backdoor” Roth IRA strategy is one of the best loopholes in the tax code you could utilize today. Many high-income earners believe they can’t contribute to a Roth IRA because they make too much money. This is false, and here’s why…[READ MORE]
Increasing Popularity of Non-QM Loans
Andrew Augustyniak | Neighborhood Loans
In recent years, the landscape of real estate financing has evolved significantly, particularly in the domain of Non-Qualified Mortgage (Non-QM) loans. As the lender for the Arizona Real Estate Investment Association, I am pleased to provide an update on the growing prevalence of non-QM loans, including…[READ MORE]
Market Updates
Total Unit Count: 659 (95 Properties)
Occupancy: 81%
Weekly Rates: $211/week ($914/mo)
Days for First Booking in PadSplit: 5.5
Days to Reach 80%/100% Occupancy: 28.3/42.4
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