Commercial property is on the upswing for several reasons. The economy is improving, and businesses are gaining confidence in the market. Young businesses are leasing previously abandoned industrial and retail spaces to attract consumers without paying a premium in monthly rent. The consumers are in love with new microbrewers, exercise studios and retail shops emerging from these rejuvenated industrial and retail spaces. When entrepreneurs and consumers connect during stronger economic times, we … [Read more...] about Why Commercial Property is Popular Now
Hutchins
Five Ways to Become a Better Landlord
It is in a landlord’s best interest to have long-term tenants who pay their rent on time and take great care of the landlord’s property. On average, a landlord spends between 20 and 40 hours to fill each vacancy. That includes advertising, showings, review of applications and execution of the lease agreement. Better landlords understand they are in business and act accordingly. Like with any other business, the owner must understand they are providing a product or service that must be attractive … [Read more...] about Five Ways to Become a Better Landlord
My Rental is Damaged from Fire!
Landlords and tenants sometimes face the unfortunate circumstance of fire damage or casualty at the rental property. Landlords and tenants should reference the Arizona Residential Landlord and Tenant Act to understand their legal obligations and remedies as situations arise during tenancy. In the Arizona Residential Landlord and Tenant Act, you will find 51 state statutes that govern the Landlord and Tenant relationship, Landlord and Tenant obligations and remedies. If a fire or casualty happens … [Read more...] about My Rental is Damaged from Fire!
Do You Live Next to a Hot Pink Gazebo?
Happily, at a time when so many folks can find so many things to debate, there is one topic on which most can agree: they hate their HOA. Yes, homeowner’s associations get a bad rap, but is this always justified? In the interest of bringing more peace and harmony to our happy mountain community, below we offer some of the most common complaints heard from homeowners and the view from the other side of our shared fence. Homeowner: “I got a notice saying my trash cans were out. Do you people … [Read more...] about Do You Live Next to a Hot Pink Gazebo?
Landlords Need to Know Their Tenants
I remember the morning of Sept. 11, 2001, as if it were yesterday. I believe that to be true for most of us. Things changed in our country after 9/11, from security checks at airports to the questions banks asked of us when we opened new accounts, to the information required to apply for a loan. The residential leasing world also came under question as some of the known terrorists were tenants, renting in our state. The purpose of this article is not to engage in political debate about the … [Read more...] about Landlords Need to Know Their Tenants
