Blog of Craig's Arizona

Arizona Regional Multiple Listing Service (ARMLS) just released their monthly Rent Check Report.  I like this little report because I’m working with several Buy-and-Hold Investors right now and this report helps them not only gauge the rental market, but see how their competition is starting to stack up.  We typically work in areas were the [...]

I get this question a lot from new investors and those wanting to be an investor.  Should I get a Limited Liability Company (LLC) to own my property.  My answer is always yes, with rare exception.  One thing to keep in mind is that LLC will have extreme difficulty in getting a Mortgage.  After answering [...]

No.  Pools are high maintenance and as an investor you want low maintenance, especially if you are just starting out.  The extra expenses include supplies, services, and liability insurance.  It is hard to control expenses because so many things can go wrong.  So my recommendation is not to have investment properties with special amenities like [...]

I’ve worked with a number of Investors in the Phoenix Real Estate Market for a number of years.  I can always tell those that know what they are doing versus those that are just getting into it.  Those that have been doing it successfully for a while are talking specifics, price range, locations, rental rates. [...]