On top of that, many policies have become more strict (especially in the last few years) with replacement cost language because replacement cost estimates did not keep up with inflation for a period of time AND/OR replacement costs on many older properties had skyrocketed so it made more sense to calculate replacement values with functionally equivalent rather than exact materials.

The tenant fails to pay their last month's rent and leaves the place needing new flooring and paint.

S&P 500 has been increasing 25% for the last 2 years each.  

@Saul Vargas what other city saw a 23% increaes last year?

@Joshua Christensen Coincidentally I met the managing partner of Infinite Capital, Javier Pineyro last week for coffee.

Started listening to BP last week.

I mentioned these in my last post, Design Trends for 2025.

I was briefly with realize properties, ERA, and lastly went with Heart and Home.

Don't forget to ask when the last time everyone's rent was increased - with section 8 you can only do that once/year. 

You get some of the strongest rent demand in the Phoenix area being closer to downtown, and then you position yourself for the upside of the growing North Phoenix economy with TSMC and other economic developments.If you want more info, I can send you the 3-5 most recent properties my clients have purchased in the last month for you to review.