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Posts Categorized: General Real Estate

“Fix & Flip” Market Update

General Real Estate, Market Update

Written by Alan Langston Executive Director, Arizona Real Estate Investors Association   The “fix & flip” market is an important one to every community and in every market cycle. Investors add value to a real estate transaction through the rehab of a property and then selling at or near “retail” for a profit. If you… Read more

A “Fix & Flip” Inspection Is Important

General Real Estate, Market Update

Paul Furman President and Owner, AJF Engineering & Inspections   Many “fix & flip” investors take pride in remodels by using quality materials, licensed contractors and upgrades to old, antiquated systems; other investors put “lipstick on a pig.” These investors use unlicensed contractors and cut corners to maximize profits. Unfortunately, the cutting corners method has… Read more

The Importance Of Trust Account Management

General Real Estate

A trust account is simply a checking account; however, it’s heavily regulated by several important Arizona statutes because the account holds other people’s money. Here in Arizona, property managers are generally required to have a trust account for the property he/she is managing. One of the priorities of the Arizona Department of Real Estate is… Read more

ARMLS: We’re a Top 10 MLS

General Real Estate

Written by: Matt Consalvo CEO, Arizona Regional Multiple Listing Service, Inc. (ARMLS)   Many subscribers would be surprised to know that Arizona Regional Multiple Listing Service, Inc. (ARMLS) is one of the largest MLSs in the country. In fact, we are in the top 10 in many categories. In 2014, subscribers closed over $19 billion… Read more

National Association Of Realtors Industry Update

General Real Estate, Industry News

Written by: Jim Sexton President, Arizona Association of Realtors®   In May 2015, a Legislative Conference & Expo was held in Washington, DC to address important topics for the industry. Interesting highlights and recommended actions are listed below with more details for each topic on the website realtors.org: RISK MANAGEMENT Highlight: Independent Contractor Update Highlight: Unmanned Aerial… Read more

April 2015 Changes: Flood Insurance

General Real Estate, Industry News

Written by: Edie Lohmann NFIP Insurance Specialist at FEMA Region IX   The National Flood Insurance Program (NFIP) implemented congressionally mandated reforms required by the Homeowner Flood Insurance Affordability Act of 2014 (HFIAA) that repeal and modify the Biggert Waters Flood Insurance Reform Act of 2012 (Biggert-Waters). The new law slows some flood insurance rate… Read more

Why A Team?

General Real Estate

Written by Mark Greene Mortgage Loan Originator   A team can leverage the collective time and experience of its members, to more effectively deliver a full suite of services for buyers and sellers.  “When you go to the doctor, someone takes your vital signs, someone else may do the ‘why are you here?’ interview and… Read more

Best Practices When Listing a Home

General Real Estate

Written By: Judy Houston     The promotion of a residential listing has seen many changes and variations in the last decade. Now, there are numerous ways to do it and there really isn’t a single mass-market venue out there anymore. Some best practices that will give a listing agent the most exposure includes a… Read more

Real Estate Investment Trusts (“REITs”) Part II

General Real Estate

By Paul Ohanian   In last month’s Journal, I touched on the basics of Real Estate Investment Trusts (REITs) as a liquid and flexible alternative to directly holding real property in today’s market. In this issue, I would like to share an actual case study of REITs-driven solutions to give you a clearer perspective of its… Read more

Real Estate Investment Trusts (“REITs”)

General Real Estate

By Paul Ohanian   I have been designing financial portfolios for a wide range of clients for 25 years and come across many types of investment strategies. I often look to real estate investments to provide asset diversification, lessen general stock market exposure and, where appropriate, generate income. While my clients, and truly Arizonians at… Read more

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