Single Family Rental Vs. Fourplex: Which Investment Yields Better Returns?
In the realm of real estate investment, the debate on whether to invest in a single family rental or a multi-unit property such as a fourplex is a frequent one. These investment strategies have distinct characteristics, and the choice depends on an investor’s...A Deep Dive into the Real Estate Due Diligence Period
When investing in real estate, one of the essential steps before finalizing a transaction is the due diligence period. This period allows prospective buyers to inspect the property thoroughly and verify all related information, ensuring that their investment is a...Books & Beyond: Can You Become a Savvy Real Estate Investor Through Reading Alone?
Books can provide a wealth of knowledge on a variety of subjects, including real estate investment. They offer insights into different strategies, success stories, and even cautionary tales. But, can you become a savvy real estate investor by only reading books?...Flipping Out: The Unlucky Biggest Mistakes of Real Estate Flippers
Real estate flipping can provide substantial returns when done correctly. However, it’s also riddled with pitfalls that can turn promising deals into financial nightmares. This article unveils the unlucky biggest mistakes real estate flippers often make and...Amplifying Your Real Estate Sales: The Impact of Drone Videos and Images
In the competitive world of real estate, standing out can be a game-changer. One emerging trend that can give you an edge is the use of drone videos and images in your property listings. But, you might be wondering: “Can I really make more money using drone...5 Savvy Real Estate Hacks to Unearth Under-Market Value Properties
Uncover the secret to finding great property deals! These five real estate hacks will guide you to more under-market value properties, and could potentially save you thousands. In the whirlwind world of real estate, everyone is hunting for that golden opportunity – a...7 High-Value Upgrades To Boost Your Home’s Sale Price
Discover the seven most popular upgrades that can significantly enhance your residential home’s value. In the competitive real estate market, it’s crucial to make your home stand out. If you’re preparing to sell your home, certain upgrades can not...Unlocking the Potential: Understanding the Concept of Highest and Best Use in Real Estate
Discover the concept of highest and best use in real estate. Learn how it influences property value and decision-making, and why it’s crucial for maximizing returns on investments. Introduction In the dynamic world of real estate, maximizing the value of a...Unveiling the Secrets of Millionaire Real Estate Investors
Discover the secrets behind the success of millionaire real estate investors. From strategic mindset and market knowledge to leveraging financing and building a strong network, gain valuable insights for your real estate journey. Read now to unlock the path to wealth...Factors to Consider When Purchasing a Rental Property: Keys to Consider
Are you considering purchasing a rental property? Discover the key factors you need to consider in this comprehensive guide. From location and market analysis to financing options and property management, gain valuable insights for a successful investment. Read now!...Key Factors to Consider When Deciding to Buy or Sell Commercial Real Estate Property Now
Unsure whether to buy or sell your commercial real estate property? Read this article for essential factors to consider in making an informed decision. Expert insights and guidance will help you navigate the current market conditions. Discover the best course of...Expert Insights: 10 Essential Points for New Home Buyers – By Bryan Watkins, Principal at LRA Real Estate
Bryan Watkins, Principal at LRA Real Estate, shares expert insights on the 10 most important points for new home buyers. Discover essential tips for a successful home-buying journey. Read now! Introduction Are you a new home buyer? Look no further! Bryan Watkins,...Unlocking the Benefits of Investing in Real Estate along the Phoenix Light Rail System
Introduction Investing in real estate along the Phoenix light rail system offers numerous advantages for savvy investors. With its convenient connectivity, rising property values, economic development opportunities, and enhanced lifestyle amenities, this thriving...For Sale By Owner: Risky Business
Selling a home without a real estate agent is one of the riskiest decisions anyone could ever make. Would you drive your cars uninsured? Would you build a new home without insurance? Those are no-brainers to almost anyone. It’s also the law in most cases....
Will History Repeat Itself in the Hot Phoenix Real Estate Market?
The Phoenix area real estate market continues to favor sellers. Demand still exceeds supply, home values continue to rise. Naturally, some are worried about another eventual housing bubble. Caution and research are always necessary in Real Estate. But don’t let...
New-Build Construction: To Buy or Not to Buy?
Anyone looking for their next home has asked the question: Is there an advantage in buying a brand new home over one already existing? The answer to the question is simple: Yes. However, there’s also another answer to this question: No. Purchasing a new-build...Jobs Report: Indeed.com Reports 275 Jobs Along the Light Rail Corridor
Want a new idea to save money and reduce commute stress? Consider another option favored by Millennials: A recent survery found that Indeed.com has 275+ jobs posted along the light rail corridor in the Phoenix-Tempe-Mesa area. So, what does that mean for you? Of...Update: Top Broker Report, Listings along Light Rail Corridor
An analysis on July 1, 2018 shows that LRA Real Estate maintains the Top Spot in commercial property listings along the light rail corridor. This is based on the # of commercial listings on the Costar database. This statistic shows the commitment of the real...Housing complexes that became condos raise complicated issues
Tom Simplot, Special to the Republic | azcentral.com August 29, 2014 Many multihousing complexes “went condo” a few years ago, but after the market dipped, many of those units reverted back to rentals — creating complex maintenance and leasing issues. We...Tips for renting with low or no credit
courtesy of Tom Simplot, The Republic | azcentral.com September 15, 2014 Apartment hunters need to know their credit score in advance. If we put the cute TV commercials with Vikings singing about free credit scores aside, the importance of knowing your credit score is...In metro Phoenix’s housing market, there are the haves and have-nots
Catherine Reagor, The Republic | azcentral.com September 26, 2014 In metro Phoenix’s housing market, there are the haves and have-nots, those homeowners who have equity and those who don’t. Anyone who bought a house or refinanced in the Valley between...Survey: This summer, many more people moved out of Phoenix area than moved in
courtesy of Catherine Reagor, The Republic | azcentral.com September 10, 2014 More people moved out of metro Phoenix during the summer than moved in, according to United Van Lines’ annual customer survey. Metro Phoenix ranked No. 5 among big U.S. cities for the...5 myths about buying a home
By Les Christie @CNNMoney August 13, 2014 From housing bubble to foreclosure crisis to somewhere in between, the housing market has changed dramatically over the past decade — and so have many of the rules of homebuying. Myth #1: Buying a home is a great...MLS Listing Status for August 26, 2014
The number of ACTIVE listings in the Phoenix Metro as of today, August 26, 2014Good news for new homebuyers
courtesy of Catherine Reagor, The Republic Buyers shopping for a new house in metro Phoenix might find prices a little lower than a few months ago. Buyers shopping for a new house in metro Phoenix might find prices a little lower than a few months ago. The median...New home permits soaring around Phoenix
courtesy of Kristena Hansen Reporter- Phoenix Business Journal The continued surge in existing home prices and a tight supply of properties on the market throughout metro Phoenix has been causing a ripple effect on the new home market, which saw a 65 percent...Phoenix-area home prices up 34% in a year, new home sales up 85%
courtesy of Kristena Hansen Reporter- Phoenix Business Journal After a seasonal slowdown during the scorching summer months, the metro Phoenix housing market was back on the upswing again in October with existing home prices up more than 34 percent year-over-year and...How foreclosure backlogs could hurt home buyers
Courtesy of Amy Hoak, MarketWatch CHICAGO (MarketWatch) — Backlogs in foreclosure processing are causing delays in home-price improvement and could wind up affecting the cost of a mortgage. The situation appears worst in New York, where it takes an average of nearly...Gaylord execs make first Mesa visit in 4 years
Courtesy of By Garin Groff, Tribune, April 6, 2012 Executives with the Gaylord Entertainment Co. have visited Mesa for the first time since they laid out plans in 2008 to build a 1,200-room resort and conference center. Mayor Scott Smith said the city invited Gaylord...Field Guide to Buying vs. Renting
Field Guide to Buying vs. Renting (Updated May 2010) Is it better to Buy or Rent? Whether renting is better than buying depends on many factors. The information listed here will assist you in helping answer this question. Included are statistics and studies on...New American Dream Is Renting to Get Rich
Courtesy of Lou Carlozo | Reuters – Thu, Feb 16, 2012 Editors Note: LRA Real Estate provides clients with successful property search results. CONTACT US TODAY to find your property! Rich Arzaga owns a luxury home in San Ramon, California, but he’s not betting on...Kiss These 10 Once-Popular Home Features Goodbye
Courtesy of Steve Kerch | MarketWatch – Fri, Feb 17, 2012 Editors Note: LRA Real Estate provides clients with successful property search results. CONTACT US TODAY to find your property! Times are tough in the home-building industry, meaning the 500,000 or so new...Phoenix homebuyers can tap into $116M for foreclosed homes
by Connie Cone Sexton – Feb. 6, 2012 courtesy of The Republic | azcentral.com Editors Note: LRA Real Estate provides clients with successful property search results. CONTACT US TODAY to find your property! It wasn’t that long ago when Joseph Janick was...LRA Real Estate Group Announces Property Management Option
October 20, 2011 (Phoenix, AZ), Information line. The local real estate brokerage LRA Real Estate Group announces the opening of the Property Management Division of the company in the Phoenix metro area today. The company will initially focus on single family homes...How Well Do You Know the FHA?
In the aftermath of the economic collapse of September 2008, the FHA has risen to an unprecedented level of importance. How well do you know the FHA? Take this quiz to test your expertise! http://www.realtor.org/RMOQuiz2.nsf/fhaquiz?OpenForm Courtesy of Realtor® Mag...Business Basics: Property Management Primer
Experts from the Institute of Real Estate Management share their knowledge to start you down the path of management professionalism. Core Skills Every Manager Needs Service, service, service. With building owners, excellent service means careful planning for property...Pump Up the Bottom Line
With rents falling, tighter spending is the only way to grow a building’s NOI. By Mariwyn Evans | June 2010 Courtesy of Realtor® Mag Want to boost the value of your client’s building? Two words: Cut expenses. “During economic upturns, owners forget...17 Tips for Packing Like a Pro
Moving to a new home can be stressful, to say the least. Make it easy on yourself by planning far in advance and making sure you’ve covered all the bases. 1. Plan ahead by organizing and budgeting. Develop a master “to do” list so you won’t forget something critical...Closing Documents You Should Keep
On closing day, expect to sign a lot of documents and walk away with a big stack of papers. Here’s a list of the most important documents you should file away for future reference. HUD-1 settlement statement. Itemizes all the costs — commissions, loan fees, points,...Moving With Pets
Moving to a new home can be stressful on your pets, but there are many things you can do to make the process as painless as possible. Experts at The Pet Realty Network in Naples, Fla., offer these helpful tips for easing the transition and keeping pets safe during the...Common Closing Costs for Buyers
You’ll likely be responsible for a variety of fees and expenses that you and the seller will have to pay at the time of closing. Your lender must provide a good-faith estimate of all settlement costs. The title company or other entity conducting the closing will tell...What Not to Overlook on a Final Walk-through
It’s guaranteed to be hectic right before closing, but you should always make time for a final walk-through. Your goal is to make sure that your home is in the same condition you expected it would be. Ideally, the sellers already have moved out. This is your last...5 Things to Know About Title Insurance
Title insurance protects the holder from any losses sustained from defects in the title. It’s required by most mortgage lenders. Here are five other things you should know about title insurance. 1. It protects your ownership right to your home, both from fraudulent...Tips for Lowering Homeowner's Insurance Costs
1. Review the Comprehensive Loss Underwriting Exchange (CLUE) report on the property you’re interested in buying. CLUE reports detail the property’s claims history for the most recent five years, which insurers may use to deny coverage. Make the sale contingent on a...5 Things to Know About Homeowner's Insurance
1. Know about exclusions to coverage. For example, most insurance policies do not cover flood or earthquake damage as a standard item. These types of coverage must be bought separately. 2. Know about dollar limitations on claims. Even if you are covered for a risk,...What's a Home Warranty?
A home warranty is a service contract, normally for one year, which helps protect home owners against the cost of unexpected covered repairs or replacement on their major systems and appliances that break down due to normal wear and tear. Coverage is for systems and...Phoenix-area "shadow inventory" of homes doing well in market
Foreclosures selling faster here than in other areas by Catherine Reagor – May. 28, 2011 The Arizona Republic Metro Phoenix has a “shadow inventory” of nearly 100,000 homes, the kind that market watchers sometimes fear could flood the region’s...Phoenix's CityScape expected to be completely leased this fall
by Emily Gersema – May. 22, 2011 The Arizona Republic It’s been about a year since the first tenant opened in downtown development CityScape, and if all goes as planned, RED Development expects its 1.8 million-square-foot office and retail project to be...New Phoenix construction code will encourage green projects
City certification will be easier to earn starting on July 1 Lynh Bui – May. 24, 2011 The Arizona Republic The next phase of Phoenix’s Green Building program is set to take off, making it easier for businesses and homeowners to get their projects certified...It Can Pay to Snoop on Neighbors
By AMY HOAK Wall Street Journal, Marketwatch Going to the open house of a home for sale down the block may make you feel like a nosy neighbor. But there are good reasons, beyond sheer curiosity, to take a peek inside. By knowing the selling prices and how properties...Phoenix-area rental homes dominate housing market
Foreclosures, recession spur surprise market shift by Catherine Reagor – May. 18, 2011 12:00 AM The Arizona Republic Metro Phoenix has long been known for its supply of affordable houses, easy to buy and resell. Now, the rental market is dominating the...Metro Phoenix new-home market is on mend, experts say
by Catherine Reagor – May. 19, 2011 The Arizona Republic Metro Phoenix’s homebuilding market is on the second step of a five-phase recovery process, according to one of the nation’s top housing analysts. During a Wednesday Urban Land Institute panel...Thought about getting an Arizona Real Estate license?
Have you thought about obtaining an Arizona real estate license? Maybe now is the time! It takes hard work and determination to be a successful agent. In fact, it is actually harder than it looks. Just ask several agents you know who are practicing real estate agent...6 Arizona laws limit HOAs' power
by Edythe Jensen – May. 8, 2011 The Arizona Republic Arizona homeowners associations are losing a few more of their powers. They can no longer ban political and real-estate signs, flagpoles or parking on public streets, according to six bills signed into law by...Real Estate Syndicates
California Department of Real Estate REAL ESTATE SYNDICATION Real estate syndication offers the opportunity to channel private savings into real estate investments for which other financing is not available. It has been a popular method of financing the purchase and...Progress being made on PHX Sky Train station
First phase of airport’s train to begin operations in early 2013 by Emily Gersema – Apr. 29, 2011 The Arizona Republic Dozens of workers have erected 10,000 tons of steel and 11,000 yards of concrete over recent months to make the pedestrian walkway that...Investors find housing niche
by Peter Corbett – Apr. 22, 2011 The Arizona Republic A Scottsdale real-estate investment company has carved out a small niche in the troubled housing market by putting investors together with homebuyers who cannot get traditional financing. For the past 18...It Pays to Own a Multi-Family Home
Charles Passy Published April 7, 2011 SMARTMONEY MAGAZINE House prices are still tanking in many parts of the country, mortgage rates are inching up, and job growth is subpar. So what are some homebuyers doing? They’re buying even more home—as in two-, three-...Why New Homes Don't Sell
A shift in consumer psychology has also hurt new home sales. Pre-recession, buyers expected high-end appliances and fancy countertops, and builders delivered. Now consumers are more enthusiastic about a home that’s easier and cheaper to maintain, says Vogel. For many buyers, that even includes smaller rooms – a rarity in homes built during the real estate boom – that are more affordable to heat or cool. More buyers are also looking to live in or near a city – where relatively fewer new homes exist – to be closer to their job and to spend less on gasoline costs.
Read more: Buyers Shun New Homes – SmartMoney.com http://www.smartmoney.com/personal-finance/real-estate/buyers-shun-new-homes-1301521568482/#ixzz1JmlBjc31