All Forum Posts by: Doug McVinua

@Eddie O. I would contact Denise Holliday at 

Denise is one of the best, if not the best, Landlord attorneys in Maricopa County. This should be an easy, quick fix.

Good luck!

@Jason Nesbitt I will 2nd Dr. Evictor @ http://www.h3landlordlaw.com/ Denise Holiday and crew are far and away number one in Maricopa County. They are active members of NARPM (National Association of Property Managers) and work with many of the Property managers.

The website has a lot of useful information for landlords. The last eviction I did ran just under $500.00 for all of the costs.

@Johnny McKeon The Arizona Transaction Privilege Tax is paid to the state of Arizona Department of Revenue. As a property manager, we report and pay monthly for each property we manage. You will need to obtain a license for each property, calculate the appropriate tax, report and pay it. The tax amount is set by each City depending on the type of rental, short-term, long-term, residential, commercial, etc.

I write it into the lease so that the tenant pays the appropriate tax, so it's a neutral gain/loss for the property owner.

It is one of our least favorite jobs, but we take care of the tax and reporting for the owners as part of our service.

@Ron Singh , Of course, I'm pro Arizona! Landlord-friendly, tons of job growth, population growth, easy access from the bay area, and rents that have jumped significantly in the last few years. I really like some of the areas in Pinal County with the growth opportunity due to companies like Lucid and others growing.

Parts of Casa Grande, Arizona City, and Coolidge have opportunities and some others.

@Matt Medina Matt, happy to help you out in the east valley.

Maybe we can speak? My cell phone is 602-751-7577.

@Danny Ramos The Gilbert, AZ market is strong and always needs nice clean properties!

@Stephen Craul As a Property Manager very active in the Gilbert, AZ market a Washer and Dryer is not required to rent a house for top dollar today. I remove many or leave them for tenants as an AS-IS no repairs will be done to them should they break.

Washers and Dryers tend (at least some) to be Maintainance items that can be costly to the owner and as such, we limit the exposure for the owner by not supplying them. It has not had any noticeable impact on our rental demand. That may change someday but for now, demand is high!

 Arizona is experiencing very strong growth from CA, OR, WA, IL, and others, which is generally the top 4 states of our inbound population growth. Like Austin, we are landing some significant corporate locations. Queen Creek just landed a new LG plant, Intel is building new plants in Chandler, Google, Apple, and Facebook have data centers. Casa Grande has Lucid Air and others. Arizona has land, good power, enough water in spite of what you hear and good policy's for landlords.

It starts with the area, is their growth opportunity, and is the building workable? Do we have parking? Is the building structurally sound, foundation, roof. What are the mechanicals of the building,  Is the electric sound, plumbing, sewer lines, general layout, can we improve the units without moving walls, structure changes, etc that make sense. I'm not a huge construction person but I can get a ton of value with paint, flooring, light fixtures, blinds, fans, appliances, etc.

Of course, rents play into the factor, we look at demand versus supply, what is going on in the area to drive the demand, is that likely to continue, is the area likely to improve in quality of tenants, can we attract quality tenants if we make some improvements?

@Fernando E. I operate as a Broker and a Property Manager of Multi-Family in the Phoenix, AZ market. We have owners with multi-family in Chandler AZ, Phoenix, Mesa AZ, Apache Junction AZ, Arizona City AZ, and others.

Much of what we manage in the Multi-Family sector is B-C property. After 24 years of real estate, we have sure learned plenty of things to do and some things not to do lol

I have really grown to like multi-family as the cash flow is always flowing, unlike single-family. We have owners that have done upgrades/remodels and with multi-family we can typically do that unit by unit, increasing the rents at the same time to make the numbers great in a fairly short period of time. By staggering the remodel/upgrades we always have cash flow in multi-family.

Yes, I see pit-falls in multi-family. It's not all roses, mistakes are possible, you can buy the wrong building, etc.

Not sure of your questions? Happy to engage and offer my experiences if it would be of any help?