Sold by Cass! A Party Sewer Tale. phoenixmulti-family.com 3330 N. 18th St. 7 units (all 1 bed units). Closed at $1,399,000 ($199,857/unit or $394/sf). Highest price/sf sold in its space in Q1 for the Phoenix MSA (5-12 units), per MLS/Crexi. Solid cash flow, though master-leased. Are you familiar with a party or conjoined sewer? The sewer line for this complex ties into the neighbors' line, not the street. Then it runs 100 feet into the E Osborn St main. As well, this complex has all Federal Pacific Electric (FPE) panels, now considered a significant fire hazard. After the 1st investor canceled escrow due to the inspection, I brought my master plumber to the next inspection with the 2nd buyer in escrow. I needed him to show the buyer & buyer broker a path forward that did not require putting in a new sewer line ($100k ). I needed him to show that a "party" sewer was "acceptable," though many investors may not agree. It was a good move. Then getting this financed by a credit union as a "special loan product" was the next hurdle. The appraiser discounted the rents to around $1200/unit (market). But we got it done in the end. My team and me have differentiated with three closings in 2026 that sold for well-over $300/sf, unmatched by the competition.

The only clarity with the FED & interest rates is that there will be will be lots of policy disagreements in the near future. Inflation is the worst in three years. Kevin Warsh says that’s not the full story | CNN Business share.google/JVbeoYxytnIegxm…

Sold! 2324 W Lone Cactus 4plex. $697,000/1031 cash buyer.

Uptown Phoenix 9 unit with attractive seller financing. 7.2 CAP. $1,699,000.

Uptown Phoenix 4 Unit Compound. 746 W Coolidge. 18K sf lot. 6.2 CAP pro forma. $250/sf. $999,000

Arizona’s new anti-squatter law could be a big win for property owners. SB 1426 aims to speed up removal of unlawful occupants in qualifying cases — potentially closer to 3 days vs. the roughly 19 days tied to a typical eviction process. Important: this is not meant to bypass tenant rights. It targets unauthorized occupants, not legitimate tenants. For landlords and multifamily owners: inspect vacant units, secure access points, document everything, and act quickly. Read more: phoenixmulti-family.com/blog… #AZRealEstate #Multifamily #PhoenixRealEstate #PropertyRights

The "annoyance economy" in full effect. Why are US consumers so angry? It’s not just high prices | US economy | The Guardian share.google/N53kAlLrugvfWrz…

The more things change, the more they stay the same. 50% of his net worth is swinging for the fences. nypost.com/2026/05/10/us-new…

Interesting. Could be good and bad. Change to allow rent payments factor into credit score could help 7.7M Americans qualify for a mortgage share.google/7kr1Sof65svhcoc…

"(T)he Office of Management and Budget (OMB) expected the 2026 fiscal year to run at a deficit of $2.06 trillion, higher than estimates from the Congressional Budget Office (CBO)." Treasury expected to borrow $2 trillion this year—more than $166 billion every month | Fortune share.google/kcraVjvK6fjiMMC…

Stunning number! "Breaking a Guinness World Records title by completing 12,412 pull-ups in 24 hours. He started at 10 a.m. Saturday, May 2, and finished at 10 a.m. Sunday 22-year-old Valley man breaks Guinness record for most pull-ups in 24 hours share.google/s2XNTSjUrY4X9Gk…

Deer Valley-TSMC Phoenix 4plex! 2324 W. Lone Cactus offers more for less. $699,900. Only all 2 bed mix with 2004 construction in this price range. 6 CAP.

Now $1,699,000. 7.2 CAP based on 2025 P&L. Attractive seller financing available. Uptown Phoenix 9 unit. 5035 N. 23rd Ave. 25K sq ft lot. Video reflects original price.

4.45% /- 10-yr T today. Interest-rates trending the wrong way. TMUBMUSD10Y | U.S. 10 Year Treasury Note Overview | MarketWatch share.google/0HCYOmOUZ6k8ZpJ…

This investigation was a colossal waste of money, time, and resources. DOJ drops investigation of Fed Chair Powell, lifts hurdle for Warsh share.google/qUfqWvbQp7a2vLd…

Ran into a rattler this morning.

"Scottsdale could lose as much as 80% of its Colorado River water supply in the coming years." Expert: Scottsdale could lose much of Colorado River water supply in near future share.google/JkW88UwscbqDEKX…

Recent inflation #'s confirm interest rates will remain "elevated " with Bessent changing his tune. Treasury Secretary Bessent now says it's OK for the Fed to wait to lower rates amid oil surge share.google/7trDWsTaJn9SmtE…

Commerce Dept stated GDP growth is 1.4% in Q4 '25. Now this morning it has been revised to .7% or literally cut in half. Prepare for more unreliable & inflated numbers ahead. US economic growth revised lower in 4Q, Commerce Department says | Fox Business foxbusiness.com/economy/us-e…