Online Articles
Who Would Have Ever Thunk!
April 20, 2015
By P.R. “Randy” Cooney Publisher of the Arizona Journal of Real Estate & Business It’s July of 2014 — for a variety of reasons it was time to sell the family home of sixteen years. The property is in the Arcadia area; therefore, it would make monetary sense to do some updating prior to… Read more
Options and the First Right of Refusal
April 20, 2015
By David Allen It is common in commercial leases for the tenant to be given the “option” to continue to lease their premises for a new term commencing immediately upon the expiration of the existing term. Although the option only favors the tenant, who has the sole right to either exercise or decline to… Read more
What Can a Real Estate Assistant Do?
April 11, 2015
By Storme Hall I have had the good fortune at various times in my real estate career to experience having a real estate assistant by my side and I can tell you that the work they do can be invaluable. Trained real estate assistants, licensed or unlicensed can do some tasks that keep you… Read more
Congress Extends Mortgage Debt Relief Act
March 23, 2015
Written by Christopher J. Charles, Esq. The general rule is that the forgiveness of debt is a taxable event. 26 U.S.C. § 61(a)(12). Debt forgiveness is included within the taxpayer’s gross income. For example, if you loan your nephew $100,000 to open a fast food franchise and then later, you hit the Powerball and… Read more
7 People to Know For Flipping Properties
March 23, 2015
Written by Doug Hopkins Flipping properties is not for the Lone Ranger- not by a long shot. It’s necessary to form a team that will be ready to “pitch in” within a few hours’ notice. Why? Because time is money. Successful “flippers” don’t spend months or even weeks renovating. A “flip” must be returned… Read more
Residential Real Estate Leads The Way
March 23, 2015
Written by Ari Spiro The real estate adage, “retail follows rooftops” is a simple way to explain the demand for commercial services when a residential community is established or emerges. Despite the seemingly obvious relationship between residential and commercial real estate, many view the two as entirely different worlds. However, in Phoenix metro residential… Read more
Commercial Design Trends Regional Approach to Materials and Context
March 23, 2015
Written by Erik Peterson Commercial design over the years has adapted to trends in the industry, be that good or bad. I believe we’re seeing a very positive trend in commercial design in our Arizona market at this time. There are three major components to the trend: 1) regional context 2) lifestyle integration 3)… Read more
Rentals Hold Steady
March 23, 2015
Written by Debra Hill-Fox The home rental arena has seen a consistent incline for the past several years. Average rental prices and vacancy rates have become the hot topics as industry reports continue to point out that renting is the popular housing choice in Phoenix metro, especially for the millennials. It has become normal… Read more
A “Bit O’ Change” – Consider the Bitcoin
March 23, 2015
Written By Frank Murray Bitcoin first developed out of 2008 software and a 2009 white paper published under the pseudonym Satashi Nakamoto. It began operating as a peer-to-peer digital currency in 2009. Bitcoin has no centralized authority, and transactions are tracked cryptographically after they are validated by a public listing known as a “blockchain.”… Read more
A Gift Worthy of Sharing
March 23, 2015
By P.R. “Randy” Cooney Publisher of the Arizona Journal of Real Estate & Business A few months ago Tricia Lehane, who is the current President of the Arizona’s Women Council of REALTORS®, dropped by my office and delivered a few gifts of gratitude which included some chocolate, a bottle of wine and a reflective… Read more