Online Articles
LAYING DOWN THE LAW SUBCONTRACTOR MECHANIC’S LIENS DO NOT APPLY TO PRIMARY RESIDENCES
June 8, 2018
Christopher J. Charles, Esq. The residential housing market, including residential construction, continues to thrive. Because most contractors don’t get paid until a job is complete, the law affords contractors specific rights and remedies to ensure that they get paid. But, as the Arizona Court of Appeals recently held, contractors’ rights are not without limitations. Perhaps… Read more
Market Update
June 8, 2018
Fletcher Wilcox V.P. Business Development & Real Estate Analyst, Grand Canyon Title Agency, Inc. Median Sale Price Continues to Go Up The chart below compares the median sale price in Maricopa County for the last four years and first four months of 2018. As you can see, the sale price has increased every month… Read more
A “Fix-and-Flip” Inspection Is Important
June 8, 2018
Paul Furman President and Owner, President and Owner, AJF Engineering & Inspections Many “fix-and-flip” investors take pride in remodeling projects by using quality materials and licensed contractors, and by making upgrades to old, antiquated systems. Other investors “put lipstick on a pig” by using unlicensed contractors and cutting corners to maximize profits. Unfortunately, the “shortcut”… Read more
Contractors You Need to Fix and Flip a House
June 8, 2018
Nate Hoelzen President, Arizona School of Real Estate & Businsess House flipping in the United States is becoming popular again, but one key to succeeding in this endeavor is having the right contractors on hand so the work goes smoothly. While you may be tempted to go the DIY route, your time is typically… Read more
Millennials in Tech Are Boosting Easements and Licenses
June 8, 2018
David Allen Partner, Jaburg|Wilk Attorneys at Law The legal right to use someone else’s land for some limited purpose usually arises out of the user having either an easement or a license. A very common easement is one used for ingress and egress, meaning the right to travel over someone else’s property to reach… Read more
Fix & Flip: 3 Things to Get You Started
June 8, 2018
Adapted from Arizona Journal of Real Estate & Business, December 2013 issue
How to Legally Flip a House for Profit
June 8, 2018
Kristin E. Rosan Partner, Madison & Rosan, LLP Attorneys at Law We’ve all watched the home shows where spouses buy run down homes, fix them up, and then flip them to end buyers for a profit. The shows make it look so easy. What you don’t see on TV is all of the behind-the-scenes… Read more
2018 Journal Industry Awards: Event Recap
June 8, 2018
The 4th Annual Journal Industry Awards Ceremony Honors Professionals in the Real Estate Industry On Friday, March 11, the Arizona School of Real Estate & Business held its 4th Annual Journal Industry Awards ceremony at the McCormick Ranch Golf Club in the heart of Scottsdale, Ariz. This event is designed to recognize and honor the… Read more
Flipping the Numbers
June 8, 2018
Michael Bennett CEO/Owner, B.E. Lending Flipping houses looks like so much fun on HGTV, and it seems so attainable…until you start to think about financing. Sure, flipping is a lucrative business, but it also comes with great risk. Although it may take some creative number crunching (unless you have a giant pile of cash… Read more
Flipping Phoenix: What Investors Need to Know Today
June 8, 2018
Sarah Kirsch Richardson Principal/Designated Broker, Tru Realty Having lived and flipped through the post-2008 market crash, I can say that the fix-and-flip market has evolved. Looking back to 2010, the flood of housing inventory allowed investors to acquire properties at a fraction of their current values, and the cost of both labor and material… Read more