Latest Edition of
The AZREIA Advantage Digital Newsletter
Cover Story | Zona Law | Mark Zinman
Discrimination Cases Outside the World of Rental Housing
Fair housing issues have become more prominent in our industry in the past few years. Thankfully, investors and managers are taking this seriously and putting more of a focus on fair housing education and training. Zona Law attorneys are a big advocate for fair housing laws and the…[READ MORE]
Executive Director Message
Collective Power of AZREIA’s Investor Network
Michael Del Prete | AZREIA Executive Director
How Small Investors Can Thrive in Arizona’s Dynamic 2024 Real Estate Landscape. The Arizona real estate landscape in 2024 presents a rich tapestry of opportunities and challenges for small investors. Amidst a backdrop of rising home prices and limited inventory...[READ MORE]
The NAR Settlement: What Does It Mean for You?
Rob Jafek | Boomerang Capital Partners
On March 15, 2024, the National Association of Realtors (NAR) announced a settlement to resolve a class-action lawsuit brought by home sellers complaining to the Department of Justice (DOJ) that commissions were inflated. The settlement still has to be approved by a court but is expected to make an immediate impact.
It’s interesting to note that this isn’t the first time the DOJ and NAR have butted heads. The core issue is whether the NAR’s…[READ MORE]
Crafting Your Vision Into Reality: Custom Homes, Cabinetry, Additions & Renovations
Sina Sabeti | Niksi Contracting
Welcome to Niksi, where innovation meets craftsmanship to create spaces that truly inspire. From conceptualizing architectural marvels to…[READ MORE]
State 48 Roofing: Your Partner in Seamless Real Estate Transactions
By Kianna Parker | State 48 Roofing
In the world of real estate transactions, every detail matters. From property inspections to closing deals, the process demands precision and reliability. At State 48 Roofing, we understand the critical role that roofing plays in the equation. With our to timely service, quality workmanship, and unparalleled…[READ MORE]
The Corporate Transparency Act: An Update
Michael J. “Mick” McGirr, Esq.| Phocus Law
Hi All! Back in February, I authored an article here discussing the Corporate Transparency Act and what it means. In this article, which I promise will be short and sweet, I want to provide a quick update so that you know the timelines for your compliance obligation. If you want a more thorough…[READ MORE]
Doing an Improvement 1031 Exchange on Land You Already Own
Michael Velasco | Exchangeable, LLC
An improvement 1031 exchange allows you to defer capital gains taxes by reinvesting proceeds from the sale of an existing property into improvements on another...[READ MORE]
Forgotten Lessons from the Recent Past
Olivia McGraw | Unbridled Wealth
Do you remember one of the biggest USA financial headlines in March 2023? I do since it’s something I personally educate others about regularly. There was a run on the Silicon Valley Bank, and thousands of medium to small businesses were at risk of losing everything. Billions of dollars were frozen within a matter of hours. If you were not quick enough…[READ MORE]
Liability Claims: Truly Catastrophic Events
Derek Kartchner | Gila Insurance
Recently, I heard a claims story – one of the worst kinds. This was not my client, but it was a friend. He and his wife own a business, and the wife had gone to the shop to run some sort of...[READ MORE]
Do I Have Enough in My Self-Directed IRA to Invest?
J.P. Dahdah | VantageIRAs
The amount of money you need to invest in alternative assets with a Self-Directed IRA can vary widely depending on the type of alternative asset you’re interested in and how you choose to structure your investment. Alternative assets include investments outside the stock market, such as real estate, private equity, promissory notes, private funds, and more…[READ MORE]
Vortex, The Ultimate Prospecting Platform for Real Estate Agents and Investors
Maria Brandenburg & Janet Moe | Great American Title
Janet Moe, your Sr. Escrow Officer/Branch Manager here to remind you what to include in your wholesale contract. Investors, it’s important that you comply with the below statute and disclose accordingly in your wholesale contract. Too many times investors unintentionally leave out the…[READ MORE]
Discrimination Cases Outside the World of Rental Housing
Mark Zinman | Zona Law Group
Fair housing issues have become more prominent in our industry in the past few years. Thankfully, investors and managers are taking this seriously and putting more of a focus on fair housing education and training…[READ MORE]
Revolutionizing Real Estate Investment: Introducing the AI HELOC Program from AZREIA
Andrew Augustyniak | Neighborhood Loans
We are excited to introduce a groundbreaking solution that will transform the way you access equity for your real estate ventures – the AI HELOC Program. As the trusted…[READ MORE]
Legally Speaking Q&A: Deposit Eviction Keys Returned
Mark Zinman | Zona Law Group
Question: We have a former resident who has been emailing several times requesting her deposit. We had filed an eviction against her for non-payment of rent, but we dismissed it when she turned in the keys. Do I owe her deposit back since we never got a judgment?…[READ MORE]
Market Updates
Ellis Tran | PadSplit
Total Unit Count: 414 (61 Properties)
Occupancy: 85%
Weekly Rates: $215/week ($935/mo)
Days for First Booking in PadSplit: 2.9
Days to Reach 80%/100% Occupancy: 20.1/31
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