Arizona, with its breathtaking landscapes, warm climate, and bustling tourism industry, is an excellent location for vacation rental investments. From the red rocks of Sedona to the golf courses of Scottsdale and the Grand Canyon’s awe-inspiring beauty, Arizona attracts millions of visitors annually. For real estate investors, the vacation rental market offers significant income potential, but success requires careful planning and informed decision-making. Here’s a step-by-step guide on how to invest in Arizona vacation rentals.

1. Understand the Market

Arizona’s vacation rental market is diverse, catering to various types of travelers. Popular destinations like Phoenix, Scottsdale, Sedona, and Flagstaff each have unique characteristics that influence demand. For instance:

• Scottsdale: Known for luxury accommodations, golf resorts, and spring training events.
• Sedona: Famous for its red rock formations, hiking trails, and spiritual retreats.
• Flagstaff: A gateway to the Grand Canyon and a hub for outdoor enthusiasts.

Research market trends, seasonal demand, and average nightly rates for vacation rentals in your target area. Tools like AirDNA or Mashvisor can provide valuable data to help you understand occupancy rates and potential revenue.

2. Know Local Regulations

Vacation rental laws vary by city and can significantly impact your investment. Some Arizona cities have strict regulations for short-term rentals, including licensing, tax collection, and occupancy limits. For example:

• Scottsdale and Phoenix require short-term rental owners to register with the city and pay transaction privilege taxes (TPT).
• Sedona has zoning restrictions that limit short-term rentals in certain areas.

Ensure you comply with local laws to avoid fines or legal issues.

3. Choose the Right Property

The property’s location, size, and amenities play a crucial role in attracting guests. Consider:

• Location: Proximity to popular attractions, dining, and outdoor activities.
• Amenities: Pools, hot tubs, high-speed Wi-Fi, and fully equipped kitchens are highly desirable.
• Curb Appeal: A well-maintained exterior and stylish interior design can make your listing stand out.

Work with a real estate agent experienced in vacation rental investments to find properties with high ROI potential.

4. Secure Financing

Vacation rental properties often require a larger down payment (typically 20-30%) compared to primary residences. Explore your financing options, such as:

• Conventional Loans: Ideal for investors with strong credit and significant down payments.
• Vacation Rental Loans: Specialized loans tailored for short-term rental properties.
• Cash Purchases: If possible, paying in cash can give you a competitive edge in Arizona’s hot real estate market.

5. Calculate Expenses and ROI

Understanding the costs associated with vacation rentals is essential for profitability. Common expenses include:

• Mortgage Payments: Principal, interest, taxes, and insurance.
• Property Management: If you hire a professional company, expect to pay 15-25% of your rental income.
• Maintenance and Repairs: Regular upkeep is essential to keep your property guest-ready.
• Utilities and Supplies: Include electricity, water, internet, and essentials like linens and toiletries.

Use tools like rental property calculators to estimate your net operating income (NOI) and return on investment (ROI).

6. Stage and Market Your Property

To attract guests, invest in professional staging and high-quality photos for your listing. Platforms like Airbnb, VRBO, and Booking.com are great for reaching a wide audience. Highlight unique features, local attractions, and guest experiences in your property description.

7. Provide an Excellent Guest Experience

Positive reviews are critical for maintaining high occupancy rates. Ensure your property is clean, well-maintained, and stocked with amenities. Consider offering:

• Welcome gifts like snacks or local guides.
• Prompt responses to guest inquiries.
• A contactless check-in and check-out process.

8. Consider Professional Management

Managing a vacation rental can be time-consuming. Hiring a property management company can help with marketing, guest communication, and maintenance. While this reduces your workload, it’s important to vet companies carefully to ensure they align with your goals.

9. Monitor and Optimize Performance

Regularly review your property’s performance and make adjustments as needed. Analyze occupancy rates, guest reviews, and market trends to identify areas for improvement. Dynamic pricing tools can help you adjust rates based on demand and maximize revenue.

Conclusion

Investing in Arizona vacation rentals can be a lucrative venture if done correctly. By understanding the market, adhering to regulations, choosing the right property, and prioritizing guest satisfaction, you can build a successful portfolio in this vibrant state. Whether you’re drawn to the desert’s tranquility or the excitement of urban hotspots, Arizona offers a wealth of opportunities for vacation rental investors.

Scottsdale, AZ — As the anticipation builds for the prestigious Barrett-Jackson auction in Scottsdale and the RM Sotheby’s Scottsdale Auctions, Russ Lyon Sotheby’s International Realty is delighted to present a carefully curated collection of luxury properties, each boasting extraordinary features for car enthusiasts and collectors. These homes represent the pinnacle of luxury real estate combined with automotive passion.

Discover Our Featured Properties:

1. 11015 E Troon Mountain Drive – The Mountain Estate

• Listing Agent: Peter Zaidan
• Price: $5,950,000
• Nestled in the heart of North Scottsdale, this modern glass masterpiece captures breathtaking views of Pinnacle Peak and Troon Mountain. The home boasts a dream garage for any car collector and seamless integration of indoor and outdoor living, emphasized by its stunning water features and expansive glass walls. The showcase garage, with its views of dramatic sunsets and sunrises, complements the daily-use garage that accommodates lifts for practicality and style.

2. 10101 E Happy Valley Road – The Modern Marvel

• Listing Agent: Peter Zaidan
• Price: $6,995,000
• Perched atop its own private mountain, this estate offers unrivaled privacy and grandeur with sprawling views through massive glass doors and windows. The estate’s potential for a custom 2000+ sq ft garage makes it a haven for car aficionados, ready to be transformed into a secure haven for prized automotive collections.

3. 28110 N 96th Place – The Architect’s Dream

• Listing Agent: Michelle Sarocka
• Price: $8,400,000
• Designed by the renowned C.P. Drewett, this modern home in Estancia blends mid-century aesthetics with the rugged beauty of Scottsdale. The luxury car lounge, a 1,322 sq ft pavilion of automotive excellence, is ideal for showcasing your collection and entertaining guests amidst the backdrop of Arizona’s picturesque landscapes.

4. 4880 E Lone Mountain Road N – The Desert Contemporary

• Listing Agents: Kathleen Benoit, Bee Francis, Monique Pacurariu
• Price: $6,500,000
• This architectural wonder in Seven Sisters Estates integrates luxury with the desert’s natural beauty. The home features a seven-car garage with lift capabilities and a sleek elevator, offering a seamless blend of elegance and functionality designed for the discerning car enthusiast and luxury seeker.

5. 10739 E Diamond Rim Drive – The Lumière Estate

• Listing Agents: Allan MacDonald & Cari Dandy
• Price: $25,000,000
• The Lumière redefines modern Mediterranean luxury in the prestigious Horseshoe Canyon of Silverleaf. Beyond its French-inspired aesthetics, the estate features an expansive garage setup capable of accommodating up to 16 vehicles, designed for the ultimate collector.

6. 4601 E Desert Cove Ave – The Collector’s Compound

• Listing Agent: Jeff Fields
• Price: $2,000,000
• This unique estate not only features multiple air-conditioned garages with lift installations but also offers extensive facilities including RV parking and horse stalls, making it a rare find in Phoenix for collectors who cherish versatility and functionality.

7. 12913 N 119th Street – The Hilltop Haven

• Listing Agent: Michele Geweniger
• Price: $5,600,000
• Located in a guard-gated golf club community, this home sits at the pinnacle of privacy and panoramic views. It’s designed to host with a theater, billiard room, and a garage that can transform to hold up to 11 vehicles, providing the ultimate sanctuary for entertainment and automotive excellence.

These properties represent just a glimpse of what Russ Lyon Sotheby’s International Realty offers to those who seek extraordinary homes with exceptional facilities for car collections. As the automotive world converges on Scottsdale, these homes stand ready to impress the most discerning buyers and collectors.

________

For more information, contact:
Alexandra Baum – Marketing Director
Russ Lyon Sotheby’s International Realty
[email protected]
russlyon.com

Meet Clayton Echard: More Than Just a Real Estate Advisor

In the world of real estate, having a genuine connection with people is often what sets the best advisors apart from the rest. Clayton Echard, a standout advisor at Russ Lyon Sotheby’s International Realty, exemplifies this trait perfectly. With his rich background that spans reality TV, professional sports, and medical trauma response, Clayton brings a unique blend of experience, empathy, and enthusiasm to every transaction. Let’s dive into what makes Clayton a remarkable figure in both real estate and his personal pursuits.

Passion for People and Real Estate

Clayton’s approach to real estate is deeply personal. He thrives on listening to his clients’ stories, learning from their experiences, and understanding their aspirations and concerns. This ability to connect on a personal level not only helps him build trust but also allows him to provide tailored advice that aligns with each client’s unique life journey. Clayton finds immense satisfaction in becoming a trusted advisor, a role he approaches with both pride and humility.

A Diverse Array of Interests

Outside of real estate, Clayton keeps his life vibrant and full of growth by engaging in various activities that challenge him physically and creatively. An avid hip-hop dancer, Clayton shares his dance journey online, encouraging others to step out of their comfort zones. Additionally, he enjoys snowboarding, a hobby that allows him to disconnect from technology and immerse himself in nature’s beauty.

Inspirational Travels

Clayton’s favorite travel experience was a trip to Bali, Indonesia, which left a lasting impression on him due to the locals’ genuine happiness and the laid-back ‘Bali Time’ culture. This trip highlighted the contrasts with American life and inspired Clayton to incorporate more mindfulness and relaxation into his own lifestyle.

Structured Daily Routine

Clayton’s day begins at 5 AM with a trip to the gym, followed by journaling and a nutritious breakfast. He believes that a solid morning routine sets a positive tone for the rest of the day, enabling him to tackle his work with energy and focus.

Family: The Cornerstone of His Life

At the core of Clayton’s world is his family—his parents and two brothers—who have been his biggest supporters. Their influence is evident in the values of hard work, compassion, and unconditional love that guide him daily.

Unveiling New Skills

Despite his life being an open book due to his public persona, Clayton recently took up singing lessons, purely for the joy of improving his vocal skills in a private, personal setting.

A Career Built on Helping Others

Clayton was drawn to real estate by his desire to make a significant impact on others’ lives. His sales background and his passion for assisting clients during one of their most important life decisions—purchasing a home—fuel his dedication to his career.

Philosophical and Influential Readings

The book “Breaking the Habit of Being Yourself” by Dr. Joe Dispenza has had a profound impact on Clayton, shaping his understanding of personal development and the power of the mind.

Future Goals and Aspirations

For the coming year, Clayton has chosen ‘Redemption’ as his theme. He is excited about unveiling projects that align with this goal, aiming to bring forth opportunities that allow him to flourish personally and professionally.

Clayton’s Go-To Spot in Arizona

For a casual yet unforgettable dining experience, Clayton recommends Rehab Burger Therapy in Arizona, a place known for serving the best burgers in the area.

Clayton’s Philosophy as a Real Estate Advisor

Clayton believes that the key to being an excellent real estate agent is the ability to remain calm and composed, especially in challenging situations—a skill he has honed through his diverse experiences in high-pressure environments.

Clayton Echard’s journey through various challenging and high-profile fields has equipped him with the skills to excel in real estate. His story is one of continuous growth, learning, and an unyielding commitment to making a positive impact on the lives of his clients.

Meet Paige McCargar: A Realtor with a Heart for Home and Adventure

At Russ Lyon Sotheby’s International Realty, we pride ourselves on having agents who not only excel in real estate but also bring a wealth of unique personal experiences and passions that enhance their service. Paige McCargar is a perfect example of such an agent. With her love for adventure, design, and connecting with people, Paige brings an exceptional depth of empathy and creativity to her work. Let’s explore what makes Paige such an outstanding real estate advisor.

A Passion for People and Places

Paige thrives on the personal connections she forms through her work. She finds joy in discovering what makes a house a “home” for her clients, delving into their needs and aspirations to find the perfect match. Her approach is deeply personalized, making each client’s journey unique and tailored.

Adventurous Spirit

When not navigating the real estate market, Paige is an avid traveler and adventurer. Whether it’s kayaking, camping, hiking, or embarking on international travels like exploring New Zealand by camper van, she embraces the philosophy of “why not?” Her adventurous spirit not only enriches her life but also inspires those around her to explore and enjoy the world’s beauty.

Morning Serenity

Paige’s day starts with a cherished routine: enjoying morning coffee while watching wildlife in her backyard. This tranquil start provides her with daily inspiration and a calm mindset, which she carries into her workday.

Gratitude for Family and Friends

At the core of Paige’s world is her supportive and loving family, including her husband, children, and friends. She credits them with being her foundation and constant source of joy and pride.

Design and Heritage

With a mother who is an interior designer and a grandfather who owned a brokerage, Paige’s passion for real estate seems predestined. Her deep appreciation for design and architecture fuels her drive to create welcoming, joyful living spaces for her clients.

Influential Readings

Books by Brené Brown have profoundly impacted Paige, resonating with her through their exploration of vulnerability and courage. These themes influence how she interacts with clients, fostering openness and trust.

Looking Ahead

Paige is excited about the upcoming year, with plans already in place for traveling to Ireland and exploring Oregon by RV. She looks forward to these adventures as sources of renewal and inspiration.

Feline Companions

At home, Paige enjoys the lively company of her three cats—Scout, Mabel, and Prudence. The joy and chaos they bring into her life reflect her warm, welcoming nature.

Favorite Local Spots

Paige recommends experiencing the Aspen groves in Flagstaff during October for their breathtaking beauty and kayaking at Watson Lake, especially under a full moon, for a truly stunning experience.

Guilty Pleasures

For relaxation and entertainment, Paige loves watching “Queer Eye” and “RuPaul’s Drag Race,” shows that celebrate transformation and creativity, much like her work in real estate.

Unique Advisor Traits

Paige believes her ability to listen and connect makes her stand out as an advisor. She values the process of finding the perfect property, infusing each step with positivity, clear communication, and a touch of humor to ensure the experience is as enjoyable as it is successful.

Paige McCargar is more than just a real estate agent; she is a curator of experiences, a confidante in major life decisions, and an enthusiastic guide in the search for the perfect home. Her blend of professional expertise and personal passion makes her an invaluable asset to anyone looking to navigate the real estate market.

Gary Brasher: A Man of Many Talents and a Heart for Real Estate

At Russ Lyon Sotheby’s International Realty, we proudly represent over 900 exceptional real estate advisors across Arizona. This week, we are excited to spotlight one of our distinguished advisors based in Tubac.

This week at Russ Lyon Sotheby’s International Realty, we’re excited to shine the spotlight on Gary Brasher, an esteemed real estate advisor and branch manager who brings a unique blend of expertise and genuine passion to the field. Gary’s background is as diverse as it is impressive, including experiences ranging from working for the FBI to competing in triathlon events. Let’s explore more about Gary and what makes him a standout advisor.

The Joy of Real Estate

For Gary, the most enjoyable aspect of working in real estate is the opportunity to meet and learn from a variety of people. His fascination with clients’ diverse backgrounds enriches his daily work, making each interaction a chance to expand his understanding of the world.

A Family Man with a Passion for Triathlons

When he’s not busy in real estate, Gary cherishes spending quality time with his family and grandchildren. Additionally, his competitive spirit shines through in his participation in triathlon events, showcasing his dedication to fitness and endurance.

Memorable Travel Experiences

Gary’s favorite vacations include exploring France with his wife and kayaking in Alaska, experiences that stand out due to their beauty and the unique bonding opportunities they provided.

Morning Rituals and Gratitude

Gary’s day begins with devotionals and expressing gratitude in his journal, a practice that reinforces his grateful spirit and positive outlook. This ritual helps him maintain a focus on the best in people and circumstances.

A Background in the FBI

Before his real estate career, Gary had a fascinating career with the FBI, where he served as a pilot and a hostage negotiator. These experiences have equipped him with exceptional negotiation skills and a calm demeanor, invaluable in real estate transactions.

Simplifying Complex Transactions

Gary was inspired to become a real estate agent by his desire to help others navigate the complexities of buying or selling properties. His goal is to make these processes as seamless and understandable as possible for his clients.

Influential Reads and Life Lessons

Gary cites the Bible, “Leaders Eat Last,” and “Make Your Bed” as books that have significantly influenced his life, reflecting his values of discipline, loyalty, integrity, and compassion—qualities instilled in him by his father.

Looking Ahead

Gary is determined to continue improving himself, with the overarching goal of being a better person each year. In the coming months, he looks forward to helping his daughter move to Utah, a trip he plans to enjoy thoroughly with his wife.

Meet Samson, the Sheep Doodle

Gary and his wife have a beloved “sheep doodle” named Samson, who not only serves as the company mascot in Tubac but also delights clients and guests with his friendly demeanor.

Must-Visit Spot: Tubac, Arizona

Gary advocates for visiting Tubac, a place rich in Arizona’s history as the site of the state’s first newspaper, school, and state park. He recommends exploring its Spanish missions, golf courses, and hiking trails.

Personal Insights in Real Estate

Gary emphasizes the importance of listening carefully to clients’ needs and desires, a fundamental practice that he believes is crucial for crafting successful outcomes in real estate.

Gary Brasher’s journey from the FBI to real estate, combined with his commitment to personal growth and client service, truly makes him a unique and invaluable advisor. Stay tuned for more insights from our team as we continue to highlight the remarkable individuals who make our agency a leader in luxury real estate.

Creating Your Dream Space in the New Year

As the new year unfolds, it brings a fresh start and an opportunity to reimagine your surroundings. Your living space is more than just walls and furniture; it’s a reflection of your personality, a haven of comfort, and a place that inspires productivity and relaxation. Here’s how you can create your dream space in 2025, turning your home into a sanctuary that supports your goals and enhances your lifestyle.

Step 1: Define Your Vision

Start by envisioning what your dream space looks and feels like. Ask yourself:

• What emotions do you want your space to evoke? (e.g., calm, energizing, cozy)
• What activities will this space support? (e.g., working, entertaining, relaxing)
• Are there specific styles, colors, or themes that resonate with you?

Creating a mood board—whether digitally on platforms like Pinterest or physically with magazine cutouts—can help clarify your ideas and keep your inspiration focused.

Step 2: Declutter and Assess

A dream space often starts with a clean slate. Declutter your home by letting go of items that no longer serve a purpose or bring you joy. Donate, recycle, or repurpose belongings to make room for the new. As you declutter, assess your space for its strengths and challenges. Note elements like lighting, layout, and storage potential to understand what adjustments will make the most impact.

Step 3: Set a Budget and Plan

Dream spaces don’t have to break the bank. Determine your budget and prioritize changes that will bring the most value and satisfaction. Decide whether you’ll tackle the transformation yourself or hire professionals for tasks like painting, furniture assembly, or custom installations. Break your plan into manageable steps, focusing on one room or area at a time.

Step 4: Embrace the Power of Color and Texture

Colors and textures play a significant role in shaping the atmosphere of a room. Consider:

• Paint: Fresh paint can transform a space. Choose colors that align with your desired mood. For example, soft blues and greens for tranquility, or bold jewel tones for drama.
• Textures: Layering textures with rugs, throws, and cushions can add depth and warmth. Balance smooth, sleek surfaces with cozy, tactile elements.

Step 5: Invest in Key Pieces

Your dream space should feature items that bring joy and functionality. Invest in key pieces like a comfortable sofa, a supportive office chair, or statement art that resonates with your style. Remember, quality often outweighs quantity when it comes to creating a space that lasts.

Step 6: Personalize and Accessorize

Make your space uniquely yours by incorporating personal touches. Display family photos, souvenirs from travels, or artwork that inspires you. Plants can also breathe life into your home, improving air quality and adding a sense of vitality.

Step 7: Maximize Functionality

Whether you’re designing a cozy nook or a multifunctional living room, prioritize functionality. Use furniture that doubles as storage, create zones for different activities, and ensure your space is both beautiful and practical. Lighting is crucial too; layer ambient, task, and accent lighting to enhance both form and function.

Step 8: Maintain Your Space

A dream space requires regular care to stay that way. Develop habits that keep clutter at bay, and periodically refresh your decor to keep things feeling new and exciting. Seasonal updates, like swapping cushions or adding seasonal flowers, can make a big difference.

Final Thoughts

Creating your dream space in the new year is a rewarding project that blends creativity, intention, and practicality. By taking it step by step and infusing your personality into every detail, you can transform your home into a space that uplifts and supports you in 2025 and beyond. So grab that notebook, sketch your ideas, and start the journey toward your dream space today!