All Forum Posts by: Justin Owens

Google and save or print out a copy of the Landlord Tenant Act for Arizona. It's my go to for all these questions. 

Here I'll save you the search:

https://housing.az.gov/sites/default/files/documents/files/AZ%20Residential%20Landlord%20and%20Tenant%20Act%20-%20Revised%20July%203%202015.pdf

Welcome! This is the best place for REI content. On top of the forums, podcasts, books they even have forms and docs to download. Just yesterday I downloaded an excel template to track expenses for my first 2 doors we closed on today. This is an awesome place. Since you are local I'm always game for meeting up to chat real estate.

@Jerry K. Thanks for sharing this data. The rates of return, those are annualized rates right? IF someone paid a lien off next month they would just pay the prorated interest, correct?

Does paying an attorney to form an Arizona LLC actually provide more protection than just filing the paperwork yourself? I don't have anything crazy going on just a couple units growing slowly over time.

following for the lolz

Call Realty has worked very well for me in exactly that position. $65 quarterly for E and O then $395 to $595 per transaction depending on the purchase price. Software to help with tracking documents related to transactions so I don't miss anything. It's a great fit.

@Wes Blackwell is that number just the PAR (Phoenix Association of Realtors) members or does it include WeMAR (West Maricopa aka West Valley) and SEVRAR (Southeast Valley) associations. They all would serve the Phoeniz Metro area.

Congrats!

Where is your rental located?