Beneficial Ownership Information: Nationwide Injunction Lifted & Reporting Deadlines Extended
Overview of the Latest BOI Developments As previously noted on our blog, on December 3, 2024, in the case of Texas Top Cop Shop, Inc., et al. v. Garland, et al., No. 4:24-cv-00478 (E.D. Tex.), the U.S. District Court for the Eastern District of Texas issued an order granting a nationwide preliminary injunction against enforcing…
Read MoreTitle Insurance
Buying a property without title insurance is generally not recommended, as it exposes you to significant financial and legal risks. Here’s why: What Title Insurance Covers Protection Against Ownership Disputes: Ensures the seller has a clear and marketable title. Hidden Liens or Claims: Protects you from undisclosed mortgages, tax liens, or judgments against the property.…
Read MoreMaximizing Occupancy Rates During the Holiday Season: A Landlord’s Guide
The holiday season can be a challenging time for landlords, as rental activity tends to slow down with many potential tenants focused on holiday plans rather than moving. However, with the right strategies, landlords can maximize occupancy rates and avoid costly vacancies during this traditionally slow rental period. Here’s a guide to help you keep…
Read MorePreparing Rental Properties for the Winter Season: Maintenance Tips for Landlords
As winter approaches, landlords and property managers must prepare their rental properties to ensure the safety, comfort, and satisfaction of tenants while minimizing the risk of costly repairs. Cold weather brings its own set of challenges, from frozen pipes to increased energy costs. Taking proactive steps now can save you headaches and expenses down the…
Read MoreDSCR Loans: A Guide for Real Estate Investors
In the world of real estate investing, leveraging different types of financing can make a substantial difference in how quickly and effectively you scale your portfolio. One lesser-known but incredibly powerful tool is the Debt Service Coverage Ratio (DSCR) loan. If you’re looking to invest in rental properties, multifamily units, or even commercial real estate,…
Read MoreDos and Don’ts When Working With Buyers
This resource will help you implement the practice changes and empower you to transact business consistent with the settlement, your ethical duties, and in the best interest of consumers. It is meant to provide clarity about business practices allowed under the settlement, as well as those that are not permitted. NAR members should not engage…
Read MoreWhat is a Cistern?
A cistern is a large container or reservoir used to store water, typically rainwater, for later use. Cisterns can be located above or below ground and are often used in areas where water is scarce or unreliable, or as a way to conserve water. Key Features of a Cistern: Water Collection: Cisterns are commonly used…
Read MoreHUD Guidelines 24 CFR 206.125
HUD Guidelines 24 CFR 206.125 refers to specific regulations under the Department of Housing and Urban Development (HUD) governing the sale of properties that were secured by reverse mortgages insured by the Federal Housing Administration (FHA). This regulation comes into play when a reverse mortgage loan goes into default, or when the borrower has passed…
Read MorePost-COVID Rental Trends: How Remote Work is Changing the Rental Market
The COVID-19 pandemic has dramatically altered how people live and work, and one of the most significant shifts has been the rise of remote work. As more companies adopt flexible or permanent work-from-home policies, renters are reevaluating what they need in a home. This shift has created new trends in the rental market, and landlords…
Read MoreHow to Address Rising Utility Costs: Energy Efficiency Tips for Landlords
As utility costs continue to rise, landlords are increasingly challenged to keep their rental properties energy-efficient while maintaining tenant satisfaction. High energy bills can be a deterrent for renters, and inefficient properties may face higher vacancy rates or decreased tenant retention. By making energy-saving improvements, landlords can reduce costs, keep tenants comfortable, and increase property…
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