Bank owned and short sale transactions have restrictions against selling to an entity instead of an individual, so there are concerns to be aware of when investing. When you take title in your individual name, there are some additional liabilities to consider. The most important is making sure you have the proper home owner’s insurance [...]
“I’m finally in it”, says the savvy investor. I’m finally in the investment game! He just had his first primetime real estate transaction. He’s been thinking about doing it for years. Finally with these prices, who can resist. His house is set to close next week. He wants to sit on it for awhile and [...]
I read with interest a recent article in the Arizona Republic on the Greater Phoenix rental market. I was interviewed for about an hour for the article as the Executive Director of AZREIA and was happy to give my perspective. The article was on how competitive the market is for perspective tenants and the difficulty [...]
Surprises in life appear in many forms. Traffic accidents, natural disasters or wedding anniversaries…. In many cases, one cannot anticipate or plan for things they are not expecting. The same holds true for property management. Based upon personal experience as well as the experience of others, here are a few surprises many of our investors/landlords [...]
You always need to keep thing fresh. I am always trying to come up with new ideas for AZREIA because I want to keep you involved and engaged. Giving you reasons to come to the meetings, visit the website, attend a class or get involved in a subgroup is another way to help you be [...]
Question: I purchased a home at a trustee’s sale and the former owner has contacted me to buy the home from me. Is this something I can do or is it illegal? I know of other investors who haven’t been able to sell the home to the former owner. Answer: When you purchase a property [...]