Online Articles

Short-Terms Rentals and the Effects on Value

Appraisal, Commercial Real Estate

Beth Sigg Northwest Real Estate Services   It’s all the rage – hopping on a website like Airbnb or VRBO, and staying in a home, apartment, or condo owned by an individual or an investment group. Users of these services are discovering the convenience of renting an entire home for the same price as a… Read more

Deadlines & Consequences

Commercial Corner

Kristin E. Rosan Partner, Madison & Rosan, LLP Attorneys at Law     A short-term lease is generally a lease that can be performed in six months or less or is a month-to-month lease with no specific termination date. Such leases benefit tenants inasmuch as they do not bind the tenant to a long lease… Read more

6 Steps to Investing in Short-Term Leases

Short-Term Leases

Sarah Richardson Founder and CEO, Tru Realty   Investors who find that their markets better lend themselves to short-term lease options will find that they can charge higher rent because tenants are willing to pay more for the flexibility. Whether it’s reasons for work or play, renters will gladly pay more to be able to… Read more

Market Update: Rents and Sale Prices Continue Upward Trajectory July Results for Sales and Listings

Commercial Real Estate, Market Update

Fletcher Wilcox V.P. Business Development & Real Estate Analyst, Grand Canyon Title Agency   July Results  For the fourth consecutive month, year-over-year sales of previously owned single-family homes in Maricopa County were higher. Sales in July 2019 were 464 or eight percent higher than July 2018. New listings of previously owned single-family homes in July… Read more

How Can I Get to My Land?

Short-Term Leases

David Allen Partner, Jaburg | Wilk Attorneys at Law   Owning a piece of land without any means of accessing it is akin to owning a car without the keys. While the absence of access to land, like the absence of keys to a car does not have any impact on the fact of ownership,… Read more

The Pros and Cons of Managing Short-Term Leases

Short-Term Leases

Diane Henry Realtor, West USA Realty   In the rental market, the majority of leases lock in the landlord-tenant relationship for one or more years. Whether it’s a single-family home, condo, townhome or apartment, the one-year lease option offers stability for both the owner of the property and the renter. In some cases, however, landlords… Read more

September 2019 – Letter From the School Director

Publisher's Letter, Short-Term Leases

Greg Muir Interim School Director, Arizona Journal of Real Estate & Business    Dear Friends, I hope you all are able to enjoy the long holiday weekend this Labor Day. Use the day off as an opportunity to relax and spend time with loved ones. In this issue of The Journal, you’ll learn about short-term… Read more

4 Steps to Go from 4 to 40 Transactions in 12 Months

Short-Term Leases

Eden Sunshine Vice President, Realty Executives   Albert Einstein once said, “The definition of genius is taking the complex and making it simple.” At the risk of perhaps oversimplifying the seemingly complex world of real estate, I’d like to put the work we do into context. We connect buyers with sellers while facilitating the transaction… Read more

Commercial Development: Appraisers as Advisors

Appraisal, Commercial Real Estate

Beth Sigg Northwest Real Estate Services   Usually, a commercial appraisal assignment is ordered by a lender after the proposed project has been designed, possibly platted, with needed zoning changes. In other words, these requests tend to be “after the fact” for a specific project that has already been planned for months or years. What… Read more

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