One crucial factor to consider in any construction budget is the interruption of labor. In Arizona, if work on a project stops and there is a continuous pause in labor for a period of 60 days, it triggers the commencement of your lien deadline. This means you will...
Real Estate & Development
Can you encourage compliance from construction subcontractors?
With the competitive nature of the construction industry, one might think it would not be too difficult to secure a good subcontractor. However, you often must weed out a lot of not-so-good options before you find one that works. Not providing clear expectations and...
How can you finance commercial real estate?
Buying commercial property is a great investment, but most buyers require financing to complete the purchase. Fortunately, there are a range of commercial property loans that can help you achieve your dream of becoming a successful property owner. However, you must...
Dealing with title issues when buying commercial real estate
Buying commercial real estate in Arizona can be a smart business move. You can see a high return on your investment if you know what to look out for. It can be rewarding to get the title to a property, which signifies your legal ownership. Sometimes, a title may come...
What to consider when buying land for commercial use
Investing in commercial land can be a lucrative venture in Arizona, thanks to the state's robust economy and favorable business climate. However, buying commercial land involves more than just finding a piece of property you like and making an offer. There are several...
How do zoning laws impact real estate development?
If you are interested in buying commercial real estate, developing a piece or property or building a new home, it is crucial to understand how zoning ordinances work. Buying real estate with an unsuitable zoning designation can impede your ability to build new...
Is self-storage a low-risk investment opportunity?
Many people living in Arizona choose to invest in commercial real estate as a way to generate income and expand their portfolios. If you are among them, you may find that you have many different commercial real estate investment options available to you. Historically,...
3 things to do when purchasing a property with a party wall
If you have been contemplating purchasing commercial real estate, now might be the right time to pounce. Indeed, according to the National Association of Realtors, the previously red-hot commercial market is showing some clear signs of slowing and becoming more...
How do you save up for a down payment?
Preparing to buy your first home can be both exciting and nerve-wracking, especially since it is an important rite of passage for many people. Having a down payment is an important part of the process. This money can exist within a savings account in order to grow,...
What are the characteristics of Class C properties?
In the real estate world, insiders classify properties in one of four ways: Class A, Class B, Class C or Class D. The classifications indicate the level of risk you may assume by investing in a certain property. If you are new to the investment game and see a property...