Think Realty
When a distressed homeowner sells a property for less than the amount due on a mortgage with the endorsement of the lender to a third party. All proceeds from the sale go to the lender and the seller is not permitted to experience financial gain from the short sale process ...
Seller financing involves the previous owner of the property, the seller, making a loan to the buyer so that this individual can purchase the home for sale. This is a legally binding note that usually holds the home as collateral. Sellers may do this in order to sell quickly, obtain ...
A retirement account that allows the account holder to save money for retirement in a tax-advantaged way while investing their savings in nearly anything they like, including real estate ...
When a self-directed IRA investor takes advantage of their position in a transaction to act for their own interests instead of those of the self-directed IRA ...
The market where home loans and servicing rights to those loans may be bought and sold by lenders and investors. Most home loans are sold on this market at least one time and usually far more frequently, over the life of the loan ...
Sales Comparison Approach – SCA
A comparison between recently sold local, similar properties and a property that you plan to list for sale. Usually, an SCA would be used to help determine a list price, but investors may use them to make predictions about market movements and decide whether a purchase is a good deal ...
Fall Maintenance Checklist (PDF)
Use this PDF to inspect and prepare your rental property exterior and interiors each fall for budget-saving routine maintenance and potential safety hazards. This fillable PDF template includes: Property address and date completed fields to keep track of multiple properties Checkboxes for for easy filling on tablet or mobile as ...
Summer Maintenance Checklist (PDF)
Use this PDF to inspect and prepare your rental property exterior and interiors each summer for budget-saving routine maintenance and potential safety hazards. This fillable PDF template includes: Property address and date completed fields to keep track of multiple properties Checkboxes for for easy filling on tablet or mobile as ...
Spring Maintenance Checklist (PDF)
Use this PDF to inspect and prepare your rental property exterior and interiors each spring for budget-saving routine maintenance and potential safety hazards. This fillable PDF template includes: Property address and date completed fields to keep track of multiple properties Checkboxes for for easy filling on tablet or mobile as ...
Winter Maintenance Checklist (PDF)
Use this PDF to inspect and prepare your rental property for winter and remind tenants of common winter safety issues. This fillable PDF template includes: Property address and date completed fields to keep track of multiple properties Checkboxes for for easy filling on tablet or mobile as you progress through ...
Current Legislation and Policy Impacting Real Estate Investing
00:42:06 | Knowing the potential impact of legislation is crucial to your investing potential. This group is comprised of Think Realty’s Governmental Relations Committee. They will discuss current legislation and policy that impacts real estate investing and where we are in our discussions with those in positions of power. Other Replays for ...
Investing in Texas: Hot Markets, Hidden Gems and Investment Strategies
00:47:08 | Texas has remained a hot market even during downturns. This group of subject matter experts know Texas and are still creating wealth even in the current market. They will discuss what markets in Texas are hot and trending, where the hidden gems are, and what strategies are best suited for ...
Sales and Purchase Agreement – SPA
A legal contract delineating the terms of a transaction and obligating both buyer and seller to close the transaction if those terms are met ...
The United States Department of Agriculture (USDA) defines rural areas as those that are nonmetropolitan and have “open countryside, rural towns (laces with fewer than 2,500 people) and urban areas with populations ranging from 2,500 to 49,999 ...
A tax-favored retirement account that accepts after-tax contributions and provides tax-free compounding of profits and tax-free withdrawals during retirement ...
A contractual agreement that one party will have the first option to meet a predetermined set of conditions in order to conduct a transaction before those terms are offered elsewhere. For example, in a lease-option scenario, the tenant may have right of first refusal if the owner of the property ...
The use of analytics to predict consumer behavior on a micro-market level and optimize product availability and price to maximize revenue growth. In real estate, this involves identifying ways to “beat” market rental rates with unique offerings or to improve vacancy rates by “beating” competition ...
Return on investment (ROI) measures how much you gained or lost on an investment property relative to how much you invested in the property up front. ROI is typically used to compare the efficiency of different investments ...
A type of property that generates the majority of its revenue from the rental of dwelling units. Not to be confused with single-family residential (SFR), although some investors use the terms interchangeably ...
A residential home that is used for the housing and care of elderly residents. The RAL provides room, board, housekeeping, supervision, and personal care and assistance with Activities of Daily Living (ADLs). Additionally, there is the “Golden Girls” model, which provides housing, but does not provide care ...
The act of adapting something that was used for one purpose to serve a different purpose ...
Refinancing involves taking out a new loan on a property. Typically, a refinance involves consolidating debt, obtaining a lower interest rate, or otherwise procuring some advantage over the previous financing terms ...
The action or process of converting waste into reusable materials. These materials may be less expensive or more durable than new materials, but not always ...
A person appointed to take temporary legal possession of a mortgaged property in order to pay expenses, maintain the property and any associated income, and turn accounts over to the court ...
A realtor, as defined by the National Association of Realtors (NAR) is a federally registered collective membership mark which identifies a real estate professional who is a member of the NAR and subscribes to its strict code of ethics. The NAR emphasizes that the term Realtor(R) may only be used ...
