Nate Hoelzen President, Arizona Journal of Real Estate & Business Dear Readers, First and foremost, happy New Year! I trust you all enjoyed the holiday season to its fullest. Now, you’re ready to put your best foot forward and kick off a successful 2019. As you seek guidance in the world of real estate, I… Read more
Christopher J. Charles, Esq. Provident Law Most secured creditors have multiple options if the debtor defaults on payment. That is precisely why they require borrowers to pledge security (such as real estate) for the performance of the debt repayment – so that if the borrower defaults, the creditor is not limited to the borrower’s… Read more
Kristin E. Rosan Partner, Madison & Rosan, LLP Attorneys at Law As the economy rebounds from the mortgage loan crisis, the market has seen increasing numbers of residential rentals. With these rentals come a growing need for property managers. Although there is a volume of work in this practice area, it comes with an… Read more
Beth Sigg Northwest Real Estate Services Now that you have your real estate license and are busy with buyers and sellers, you’re inevitably asked to locate rentals for clients, or find tenants for landlords! Should this become part of your toolbelt of services? First, let’s talk about supply and demand. Selling real estate is… Read more
Fletcher Wilcox Grand Canyon Title Agency According to Maricopa County records, there are approximately 1,043,844 single family residences. Twenty-six percent, or 271,730, are categorized as non-owner occupied. How does a single-family residence get categorized as non-owner occupied? Arizona Revised Statutes requires that when there is a sale of a property and when that property… Read more
Terry Kass Owner | Designated Broker, GPCI Multifamily & Land Development If there’s one crucial lesson you should learn early as a broker in multifamily brokerage, it’s the importance of maintaining a good, close relationship with clients and with property management companies even after a deal is done. Suffice to say that a transaction… Read more
David Allen Partner, Jaburg|Wilk Attorneys at Law One of the most basic real estate laws, which all agents have drilled into them from the time that they first start studying to become an agent, is that all agreements for the payment of real estate commissions must fully comply with the statutory requirements for such… Read more
Jamie Ciocchetti DeLex Realty When you first start out in Real Estate you were probably told to put together your sphere of influence. Your sphere should include everyone you have any sort of contact with. We list out “all” the people we know “who like us.” We have included past co-workers, friends, family members,… Read more
John Tomblin Sofvue.com, OfficeAtlas.com, AirwestDrones.com One of the most misunderstood and often overlooked conditions of owning a small income property is the Reserves for Replacements (RFR’s), or what is sometimes referred to as “Replacement Reserves.” In commercial real estate transactions, replacement reserves are often mandatory and added to proformas for lending purposes. The purpose… Read more
Jim Hogan Hogan School of Real Estate It’s hard to believe that 45+ years ago I opened Hogan School of Real Estate in Tucson and now we’ve joined forces with the Arizona School of Real Estate and Business (ASREB). Looking back, it’s hard to believe that in my first month I taught only four students… Read more