by Wendy Patton

“It’s time to start living the life you’ve imagined.”– Henry James

Do you constantly ask yourself “What can I do toturn my goals into reality?” If so, you are not alone.Many people struggle with this very same questionday-to-day. It is easy to get stuck in the long termgoal setting phase but if you do not put your goalsinto action, it becomes awaste of time.

You may also ask yourself,what can you do to bridgethe gap between settinggoals and taking thenecessary steps to becomesuccessful in achieving yourgoals? The answer is simple:Take action. There is notime like the presentmoment to start to implement your goals.

Here are a few simple steps that I have applied andwill be helpful in helping you take action in thepresent moment.

Believing is AchievingBelieving in yourself is the first step in taking actionand achieving success. Success is attainable toeverybody. However, you have to believe in yourselfin order to achieve whatever it is you may want tobe successful in. A great book on this is “Think andGrow Rich”, by Napoleon Hill. It is a must read foranyone! It will help you with the belief and mindsetneeded to achieve your goals.

Hold yourself accountable for yourOWN actions“Develop success from failures. Discouragement andfailure are two of the surest stepping stones to success.”

– Dale Carnegie

Once you have taken the first step and begin tobelieve in yourself. The next step is to hold yourselfaccountable for your own actions. Many of us tendto hold outside sources responsible for our problemsand blame others for the reasons we have notachieved the level of success that we have wanted toattain. In order to be successful in achieving yourgoals you must hold yourself accountable foreverything you have experienced in life. This means

that you have toacknowledge that you areresponsible for the quality oflife that you lead, yourfailures, your income etc.Once you have done thiseverything will began tobecome clear.

George Washington Carversays it best, “99% of allfailures come from people whohave a habit of making

excuses.” I use this quote in all my seminars.

The reason why many people have becomesuccessful is because they are able to face the truth.Successful people are not afraid of failures and arenot afraid to take risk. This is the best way to learnand improve from your mistakes.

Awareness of the Present MomentEvery minute that passes is considered the past. Thequestion is, when the current moment becomesyour past, what have you done to take the necessarysteps to become successful in achieving your goals?Smart and successful people take action NOW andin the present moment! Successful people makedecisions quickly and change slowly. Unsuccessfulpeople make decisions slowly and make changesquickly.

When a good opportunity comes your way,what do YOU do?

“AZReal as it Gets”SEPTEMBER2015

Arizona Real Estate Investors AssociationNewsletterTheAZREIAAdvantage

Contents

ArizonaReal EstateInvestorsAssociation1841North 24th Street

Suite 10Phoenix, AZ 85008480.990.7092

fax 480.990.7017www.azreia.org

Executive Director’sMessage . . . . . . . . . . . . . 2

Leal Expert . . . . . . . . . . 3

Self Directed IRA Expert. . . . . . . . . . . . . . . . . . . . 5

Property ManagementExpert . . . . . . . . . . . . . . 7

Title Expert. . . . . . . . . . . . . . . . . . . . 8

Monthly Meetings . . . . 9

Calendar of Events. . . . . . . . . . . . . . . . . . 10

Legally Speaking . . . . .10

Property Listings . . . . 11

Meetings at a Glance. . . . . . . . . . . . . . . . . . .12

Taking Action in the Present Moment

Creative StrategiesSet You Apart!

&The Home Depot – Saving

Like Never BeforeMonday, Sept. 14 – PhoenixTuesday, Sept. 15 – Tucson

2 www.azreia.org The AZREIA Advantage

A Little of This and A Little of ThatExecutiveDirector’sMessage

Sharknado 3: Oh Hell No! I admit it. I’ve watched everySharknado movie and loved every one. They are so silly and sofar out there, how could you not. Now, my wife has anotheropinion – not a fan. Something about a complete waste oftime. The “Oh hell no!” part of the title means somethingtotally different to her. I think mindless entertainment has itsplace and disappearing for 90 minutes to totally decompresscan be a good thing. So, I have refused to delete the recordingof Sharknado 3 and keep trying to get her to watch it. I willsucceed! I almost for-got…there will be aSharknado 4 – can’t wait!

Did you enjoy your vaca-tion? You know what? Ididn’t. I took a month off,but then I worked almostevery day. Sure, I got out ofthe heat and that was reallynice. My routine changedand that was beneficial. But,I didn’t take full advantage ofthe time off. That was stupid.

Vacation redo: I’m going totry again with three weeks off between September and October.This time I’m going further away and will vanish completely. (Ithink)

Electronic meetings & information: AZREIA had a very suc-cessful online meeting in July. 262 investors attended thewebinar where we kept you up-to-date on the market condi-tions and delivered the Haves & Wants. We also had anunprecedented response to the after meeting survey with nearly100 responses. Almost all were very positive and several hadsome very constructive suggestions. Thanks to all who partici-pated and provided their input.

Electronic meetings & information – what’s next? July’sonline meeting opened our eyes and our brains to figuring outwhat and how to offer future enhancements. At our Augustmeeting over 60 people signed in and viewed the MarketUpdate charts on their mobile device. That was about 20% ofthe attendees. It made the number charts easier to read. Weplan on continuing this over the next few months to see if par-ticipation grows. You must have a Facebook account to get thelink. We are experimenting with Periscope, too. We have alsobegun discussions with National REIA about the more remoteareas of Arizona and delivering content electronically to thesemarkets including Flagstaff and Yuma. Stay tuned!

Life happens! An AZREIA member I hadn’t seen in a whileshowed up at our August meeting. It was great to see her back.She experienced a similar experience I had gone through a fewyears ago – losing all four parents in a very short two year peri-od and being a caregiver for an extended period. Unless youexperience this type of thing you have no idea of the mentaland physical challenges. And while we all grieve in our ownway, the grieving process with multiple deaths over a short peri-od seems to take a different path. Being an accomplished

full-time investor helped herbe able to dedicate the timeneeded to the family and her.

Making Money versusSaving Money: My answer?Both! You should focus onthe top line and the expenseline to take care of the bot-tom line. Sometimes it takesvery little effort to reduceexpenses. I think that is whyThe Home Depot rebateProgram has been so success-ful. Once you set it up, otherthan updating your accounts,

you just forget it, and twice a year you get money back if youspent a pretty low qualifying amount. I think the same aboutthe new price saving programs for paint and appliances. It’sridiculously easy to save 20% on paint, so everyone should geton board right away. The Appliance Program takes a smallchange in behavior which for most of us is a little challenging.But, as with most things, once you change (it really is simple)and see the savings, you’ll be hooked. My challenge to you…get started now, don’t wait to change.

I’m out of space. This month’s meetings are really going to bedifferent and special. Interviewing Wendy Patton to understandher success factors will be revealing to everyone. Knowing howshe structures her deals using creative techniques like “leaseoptions” and “subject to” will be practical information to addto your negotiations. There is a bonus part of the Home Depotsavings session. Knowing what paint to buy depending on yourproject. Behr experts will be there and you will learn from themwhat to buy based on need. See you Monday, September 14thin Phoenix and Tuesday, September 15th in Tucson.

Smarter investing,Alan Langston

The AZREIA Advantage www.azreia.org 3

At the August AZREIA meeting, I gave twopresentations: one on fair housing and oneaddressing premises liability. Based uponthe conversations I had with people, I sus-pect that many members either think thatfair housing doesn’t apply to them or that it’sjust an issue for large operators and thatmembers won’t run into fair housing prob-lems. Often times, people are wrong onboth premises. There are “testers” out rightnow looking for small operators and tryingto catch those violating fair housing laws.Most testers know that large companies have

policies and procedures to address fair hous-ing matters, but that a small landlord maynot. Therefore, these landlords are an easytarget for a “tester” who will file suit if theythink they found a violation.

Fair housing is incredibly broad and itshould be assumed that when you are deal-ing with residential property, that fairhousing laws apply. Many clients tell methat they aren’t covered by fair housing, andtherefore they don’t worry about it. First, Itry to explain that all people should complywith fair housing, even if they do fall withina narrow exception. Further, if they do notintend on complying, they should be 100%sure that they are protected under an excep-tion to the law.

For AZREIA members, the most commonexceptions which may apply and allow aninvestor to not be bound by fair housinginclude: (1) Owner-occupied properties con-taining four or less units (this is known asthe Mrs. Murphy Exception); (2) singlefamily home sold or rented without the use

of a broker if the landlord/seller does notown more than three such single familyhomes at one time. An important cut out,however, provides that these exceptions donot apply if the investor advertises the resi-dential property. Therefore, even where theperson may be able to discriminate and limitthe persons to whom they rent, they cannotuse discriminatory advertising. This is likelywhere all AZREIA members become boundby fair housing.

I promote and support fair housing laws andstrongly suggest to clients that they not playthe “exception game” by trying to avoid theapplication of fair housing laws. The excep-tions should be used only for those narrowinstances where you are living in a propertywith four or less units, and you want torestrict the tenants that are living with you.Beyond that, I would always suggest follow-ing fair housing rules. Remember, the bestway to avoid fair housing problems is tohave an objective application standardand accept any applicants who qualify.

AZREIA Advantage:LegalExpertExceptions to Fair Housing

Mark B. Zinman,Attorney

Williams, Zinman& Parham P.C.

(480) 994-4732www.wzplegal.comby

Mark Zinman

Landlord IssuesEvictionsFair Housing ComplaintsLitigation Defense

Investor IssuesSuits for Trustee’s DeedDefending Quiet Title ActionsDrafting Lease Options

(480) 994-4732www.wzplegal.com

4 www.azreia.org The AZREIA Advantage

• Tax return preparation forReal Estate Investors atreasonable rates!

• Tax Planning• Bookkeeping Services• Bookkeeper Training Program• Payroll Taxes• Tax Segregation Studies

Counseling

We are Real Estate Investors Ourselves

Tim Walch, CPA PCCertified Public Accountants

Creating Client Wealth Through Lower Taxes

8160 N. Hayden Rd., Ste. J-108 • Scottsdale, AZ 85258Phone: (480) 557-0561 • Fax: (480) 718-8495

timw@walchcpa.com

“Helping Investors is our Passion”BUY & HOLD SPECIALISTS

Dawn Kirkpatrick,SFR, CLHMS, CNE

Chris Kirkpatrick,CRS, ABR, CRIR, CSSN, CSSPE, e-Pro, SFR, RSPS

21040 N.Pima RoadScottsdale,AZ 85255Bus: (480) 585-0101

Chris’Cell: (480) 326-2454chris.kirkpatrick@realtyexecutives.com

Dawn’s Cell: (480) 600-0010dawnkirkpatrick@realtyexecutives.com

Let us help assist you in achieving your Real Estate Goals.We are Realtors® who are real estateinvestors with experience and who specialize in BANK OWNED, SHORT SALE PROPERTIES, Buy &Hold, and Landlording. Let us help you navigate through the complexities of SHORT SALES &BANK OWNED PROPERTIES from our specialized training and hands on experience.

• Diamond Club Award(Top 3%) - 2013, 2012

• Executive Club Award(Top 10%) - 2013, 2012,2011, 2010

• Silver Team Award - 2012• Bronze Team Award - 2011• Scottsdale Association ofRealtors Top Producer - 2012

• Top 1% of Agents in MLS -1st Half 2013

AZ.R.E.I.A., Inc. (the “Association”) does not: (1) render legal, tax, economic, orinvestment advice, (2) investigate its members, or (3) represent or warrant the qual-ity of goods or services provided by its members, the honesty, integrity, reliability,motives and/or resources of its members or their officers, directors, managers,employees, agents, and/or contractors. Consult your legal counsel, accountant, andother advisors as to risks and legal, tax, economic, investment and other matters con-cerning real estate and other investments. Members will comply with the Code ofEthics of the Association.

The AZREIA Advantage www.azreia.org 5

Arizona real estate investors and entre-preneurs received great news recentlywith the new Arizona intrastate crowd-funding law which became effective onJuly 3, 2015. The Arizona-focusedchanges made improvements to thecrowdfunding benefits promised by thefederal Jumpstart Our Business StartupsAct, commonly known as the JOBSAct. Arizona business owners no longerhave to wait until federal rules areissued under the JOBS Act, which hasbeen a thorn on investment sponsorsside who are seeking to raise capital tofund opportunistic ventures.The new Arizona law will have thebiggest positive impact on those seekingto raise smaller amounts of capital anddo not expect to raise a larger amountfrom angel investors, venture capitalistsor private equity firms in the nearfuture. Why? Because these types ofgroups don’t have an appetite to funddeals in which there are a large group ofsmall balance or unsophisticatedinvestors. Many AZREIA membersdesire to raise capital to fund multipledeals and/or higher priced investmentopportunities but don’t want to gothrough the complex and costly processof creating a private security. Well, nowyou don’t!

Summary of Pros• Process available to all Arizona

investors. Non-accredited investorsare limited to $10,000 each butthere is no investment limitation foraccredited investors

• General public solicitation is allow-able by simply directing potentialinvestors to a website hosted by anArizona third party

• Private placement memorandum(PPM) filings and notices with thestate of Arizona regulators will notinvolve burdensome review

• Company insiders such as officers,directors, 10% owners and partner’sinvestment amounts will not becounted towards the cap of $1M(without audited financials) or$2.5M (with audited financials) onthe total offering sizes

Keep in mind that these changes wereimplemented in an effort to help theeconomy and create jobs in Arizona.Therefore, any entrepreneurs that arenot truly “Arizona-based” and cannotprove that at least 80% of the compa-ny’s gross revenues in the most recentfiscal year are derived in Arizona willnot benefit from the new law.Investment offers and sales must also bemade to Arizona residents only, as wellas, any resales in the secondary marketduring the offering period and ninemonths after. Overall, however, thenews is certainly positive and real estateinvestors seeking capital should certain-ly rejoice that regulations are looseningin their state and opening the flood-gates of opportunity to get theirventures funded more easily. Weencourage you to speak to a knowledge-able attorney that specializes in securitylaw to help you navigate the new lawand get you set up for success!

Happy investing!

To learn more about Real EstateIRAs, please visit:www.VantageIRAs.com/AZREIA

AZREIA Advantage:Self-DirectedIRAExpertRaising Capital Gets Easier in Arizona

J.P. DahdahChief Executive Officer

Vantage Self-DirectedRetirement Plans

www.VantageIRAs.com/AZREIA

20860 N. Tatum Blvd. #240Phoenix, AZ 85050

Phone (480) 306-8404Fax (480) 306-8408

byJ.P. Dahdah

6 www.azreia.org The AZREIA Advantage

The AZREIA Advantage www.azreia.org 7

As you might have already experienced fromjust walking outside, summer is upon us.And with that, brings the incredible heat ofArizona. This also brings one our biggestmaintenance emergencies that we deal withduring this time and that is the A/C unitsgoing out.

The main concern as a landlord inmaintenance emergencies is your responsetime and I don’t mean when you get theissue taken care of. I mean making sure thetenant hears your voice and knows you areworking on it. That is half the battle. Ifthey get your voice mail with several hoursgoing by then the problem grows bigger intheir head. Obviously getting someone outto the property to handle the situation is alarge part as well but not nearly as much asthe first communication with the tenant.Of course depending on the emergencycould mean how much more damage isbeing done to your property by not gettingsomeone out there to take care of it such asa water leak or structural damage.

The issue that we usually run into and Ihave heard as well from other managementcompanies, is the tenant wanting to be putup in a hotel or to be reimbursed forfood/groceries. Although some of ourowners have agreed to that, you are notrequired by law to take care of that for thetenant. However, per the Landlord TenantAct, the tenant can submit a 10 day noticein writing if there are health and safetyissues at risk. I put the actual verbiagebelow to help clarify. This is known as“Noncompliance by the Landlord”.

“If the landlord fails to comply with the leasein a material way, the tenant can deliver a

written notice to the landlord explaining thefailure and stating that the lease will terminatein 10 days. If the landlord’s noncompliance ismaterially affecting the tenant’s health andsafety, then the same notice can state that thelease will end in 5 days. There are twoexceptions. First, if the problem can be fixedbefore the date specified on the notice, then thelease will continue. Second, the problemcannot have been caused by the tenant or hisguest.”

If you’re a little confused on whatconstitutes a legitimate emergency, here aresome issues that landlords should respond toas quickly as possible. And remember, ifyou’re not sure, err on the side of theemergency being important and pick up thephone and call. If you can, it would also beworth getting a separate emergency line justfor these issues and you can leave a detailedmessage on there in the event you can’t pickup the first time.

• Major leaks, including both stormrelated damages, or issues such as a toiletor sink overflowing from an upstairsunit.

• Lack of heat or cool air. This is an issuethat needs to be addressed immediately,

particularly in extreme cold and hotclimates.

• Any structural issues. This can includeanything from collapsing balconies,stairways, carports, or ceilings that couldcause liability issues if someone gets hurt.

• Any gas smells. While hopefully tenantshave been instructed to call the local gascompany in the event of a gas smell, thisis an issue that managers need to addresspromptly as well.

• Lack of running water. Again, this is anissue that constitutes an emergency, andproperty managers should respondaccordingly.

• A break in. This could include anythingfrom a broken lock to a shattered frontdoor where the property might not besecured for a tenant

While landlords should never be expected torespond to every issue that arises after hours,it’s important for tenants to know thatshould an emergency arise outside normalbusiness hours, you’re only a phone callaway.

AZREIA Advantage:PropertyManagementExpertMaintenance Emergencies

Ryan HaueterProperty Manager

CaldwellProperty Solutions

www.aHouseisBetter.com

2500 S. Power Rd.. Ste. 218Mesa, AZ 85209

Direct (480) 212-7083Fax (480) 212-7084

byRyan Haueter

8 www.azreia.org The AZREIA Advantage

Cyber crime is on the rise and it is quicklybecoming a real issue in today’s businesspractice. Most real estate investors handleprivate, none public information on adaily basis. With smart phones and tabletsbecoming our most common mode ofcommunication, we are now faced with anadded layer of liability that we have nothad to deal with much in the past…Cyber Criminals.

For you “kitchen table” investors, youneed to be cautious when gathering andstoring your client’s non-public informa-tion. Should ahacker get theirhands on youremail any num-ber of crimescould be com-mitted againstyou and yourclients. Anexample we havebeen seeing onthe rise: Youremail getshacked by acyber-criminalwho sends an e-mail to the titlecompany han-dling yourtransactioninstructing themwith new wireinstructions forthe sale pro-ceeds. It appearsthat the e-mail

has been sent by you. If the TitleCompany you are working with does nothave practices and procedures in place toverify the wire information with you ver-bally, your proceeds are at risk for beingredirected to the cyber-criminal. Youshould check in advance that you and any-one you are working with has the abilityto send all correspondence via e-mail in asecure fashion. The potential for loss doesnot stop at theft if you send nonpublicinformation from an unsecured device andthe identity of one of your clients is stolen.It could mean a hefty lawsuit for you andyour company if your client’s private infor-mation lands in the wrong hands.

A big no-no that I have seen in the past iswhen you take pictures of documents withprivate information and then email or textthem. This is not a secure way to transmitprivate non-public client information. Agreat rule of thumb is to protect yourclient’s information as you would yourown. With cybercriminals using so many

techniques to attack users’ data, multi-layer defenses are a necessity. Anti-malwaresolutions that combine signature-baseddetection and cloud-assisted technologiescan do more to defend your devices anddata against new threats. It is also impor-tant to make sure all of your software is upto date on all of your devices. There aregreat resources on how to make sure youare protected available on the FBI websiteat www.FBI.gov.

Remember this is your business and astimes change you need to be sure you doas well. Make sure you have the tools youneed to run a successful business. Makesure you and your employees have theknowledge you need to protect your com-pany and those who choose to do businesswith you!

Should you have any questions pleasedon’t hesitate to contact us at ChicagoTitle Agency!

AZREIA Advantage:TitleExpertThe Rise of Cyber Crime

Jill BrightAVP/Sr. Acc’t. ManagerSales and Marketing

Chicago Title Agency14200 N. NorthsightBlvd., Suite 100

Scottsdale, AZ 85260

Phone: 480-998-9298FAX: 480-998-9307

byJill Bright

The AZREIA Advantage www.azreia.org 9

AZREIA Phoenix Meeting AZREIA Tucson MeetingMonday, September 14 Tuesday, September 15Celebrity Theatre Tucson Assoc. of Realtors

AZREIA Prescott Meeting Phoenix Real Estate ClubTuesday, September 1 Tuesday, September 22Yavapai Title 24th Street Conference Ctr.

This month’s meeting is all about getting you more creative andsaving you even more money. Quite the combo! There is no ques-tion we are in a “creative” real estate investor’s market. If you arenot creative, you will lose deals. One of the legends of our businessis doing a special program just for AZREIA. Wendy Patton willdiscuss what has made her so successful using lease options tostructure buys and sells. Our workshop is a special session on TheHome Depot’s new saving programs for AZREIA members.

Phoenix Workshop – The Home Depot -Saving Like Never Before!You love your rebate! Now you need to be sure you are getting theprice savings on top of the rebate. Joining us on stage will beMickey Cameron, National PRO Manger. Joining him will beexecutives from Behr paint. This session will fully explain thebrand new Appliance Program and Paint Rewards Program. Youwill learn the best paint to buy for the unique circumstance ofyour property. You will understand how to buy the paint you needat 20% off every day every time. You will also understand the 145item Appliance Program catalog, how to use it, how to order andhow much you save!

Market Update with Alan LangstonThe latest in trend analysis for the US, Arizona and GreaterPhoenix including existing homes, new homes, foreclosures, REO,short sales and traditional sales. Also, a complete analysis of theeconomic condition of Greater Phoenix with trend analysis ofemployment data, bankruptcies and current events shaping the realestate investing market. This is must know information for theserious real estate investor.

Phoenix Main Meeting – Creative Strategies Set You Apart!This session is different. Why? Because we want you to learn in avery new way. We are honored to have one of our industry’s leg-ends with us. Wendy Patton, author of five best sellers, megasuccessful real estate investor, super successful Realtor and broker isgoing to share what makes her so successful. We have structuredthe evening quite differently than most of our meetings. The first30 minutes or so Alan Langston will interview Wendy. We wantyou to understand what makes her successful. The next hour or so,Wendy will share recent deals of what is working for her in thismarket. She will focus a lot on lease option strategies. She hasmade her strategies work in Detroit, so we’re confident she canhelp all of you be successful, as well.

Tucson Main Meeting – Creative Strategies Set You Apart!and The Home DepotWe have a lot to cram in during our Tucson Chapter meeting onSeptember 15th. Yes, SEPTEMBER 15th, which is the thirdTuesday this month! Mark your calendar for the different date!There will be two sessions. The Home Depot – Saving LikeNever Before! And Wendy Patton’s Creative Strategies Set YouApart! See information above.

Phoenix Real Estate Club – The Best Real Estate InvestingNetworking Anywhere!Haves & Wants, Structured Networking activities and the MarketDiscussion all combine to make the Club an integral part of anyactive investor’s month.

Prescott Meeting – Economic Development in PrescottJeff Burt, Director of Economic Initiatives, and Wendy Bridges,Economic Development Coordinator, will provide an overview ofthe economic development initiatives underway and planned inPrescott. This will help investors understand the direction of oureconomy and provide insights into opportunities in investing.

Topics will include:• What role the airport area plays in our economic development;strategic plan

• Retail importance, outlook and plans• Spec buildings needed to meet market demands• Target company profile, manufacturers, etc.• Regions targeted for company moves to our area• New businesses in the area• Film/photo/television activities in Prescott

Phoenix Agenda5:15 – Workshop6:00 – Trade Show & Guest Orientation6:45 – Main Meeting – Market Update & Featured Presentation9:00 – Adjourn

Tucson Agenda:5:15 – Open Networking5:45 – Networking: Investor-to-Investor, I Have – I Want,

Tucson Market Discussion7:15 – Main Meeting8:30 – Adjourn

Prescott Agenda:5:30 – Networking, “Haves and Wants” & Market Overview6:00 – Main Meeting7:15 – Adjourn

Phoenix Real Estate Club5:30 – Open Networking6:00 – Networking: Investor-to-Investor, I Have – I Want,

Market Discussion7:15 – Main Meeting8:30 – Adjourn

Monthly Meetings

AZREIACalendarofEventsCheck www.azreia.org for the current schedule.

10 www.azreia.org The AZREIA Advantage

Q: Can I force my tenant to get renter’s insurance andwhat do I do if they don’t provide me proof that theyhave it?

A: Under the Arizona Residential Landlord and TenantAct, your lease can have any lease provisions youwant as long as they don’t violate the Act. See A.R.S.§ 33-1315. There is nothing in the Act prohibiting alandlord from mandating that a tenant maintaininsurance, and there are good reasons why a landlordwould want to. Renter’s insurance is designed tocover the tenant’s loss of personal property and to

protect the tenant in the event that the tenant is responsiblefor injury to, or property damages of, others. The leaseshould specify that (1) the appropriate insurance must beobtained prior to the lease commencement and maintainedduring the lease term; and (2) the tenant must provide proofof insurance at lease commencement and upon request fromthe landlord. If a tenant fails to give proof of validinsurance, the landlord’s remedy is to serve a 10 day noticefor non-compliance with the lease.

Mark B. Zinman,Williams, Zinman & Parham P.C.

Information contained in this article is for informational purposes only and should not be considered legal advice.You should always contact an attorney for legal advice and not rely on information published here.

The AZREIA Advantage www.azreia.org 11

Property Listings Complete listings online:www.azreia.org

Note: All real estate advertising in this newsletter and on our website is subject to the Federal Fair Housing Act of 1968. Please visitwww.azreia.org for complete notice on fair housing and for additional information on each property listed.

ArizonaRealEstateInvestorsAssociation1841 North 24th Street, Suite 10Phoenix, AZ 85008

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Meeting September 14, 5-9 p.m.www.azreia.org

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AZREIAMonthlyMeetingsataGlancePhoenix Workshop – The Home Depot - Saving Like Never Before! You love your rebate! Now you needto be sure you are getting the price savings on top of the rebate. This session will fully explain the brand new Appliance Program andPaint Rewards Program. You will learn the best paint to buy for the unique circumstance of your property.

Market Update with Alan Langston The latest in trend analysis for the US, Arizona and Greater Phoenix includingexisting homes, new homes, foreclosures, REO, short sales and traditional sales. This is must know information for the serious real estateinvestor.

Phoenix Main Meeting – Creative Strategies Set You Apart! Wendy Patton, author of five best sellers, megasuccessful real estate investor, super successful Realtor and broker is going to share what makes her so successful. Find out what makesWendy so successful and see how she uses “lease options” and “subject tos” to create win-win-win transactions.

Tucson Main Meeting – Creative Strategies Set You Apart! and The Home DepotSee information above.

Phoenix Real Estate Club – The Best Real Estate Investing Network Anywhere! Haves & Wants,Structured Networking activities and the Market Discussion all combine to make the Club an integral part of any active investor’s month.

Prescott Main Meeting – Economic Development in Prescott Economic development initiatives underwayand planned in Prescott. This will help investors understand the direction of Prescott’s economy and provide insights into opportunities ininvesting.