The listing sheet doesn’t fully explain the seller’s motivation, hidden property issues, or the competition your offer will face. There are many more questions that you should ask when considering a home.

Join Jason Muth and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!

Notes from this Episode:

Why do the owners want to sell?

Why we like this question: The answer reveals the owner’s motivation and helps you craft a competitive offer.

How is this property zoned?

Why we like this question: This can reveal some hidden value.

What is the current insurance premium?

Why we like this question: This is an indirect way to discover problems with the property or its history

Are you expecting any offers?

Why we like this question: This is a surprisingly effective way to size up the competition.

Join Jason Muth from Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!

The Real Estate Law Podcast on Instagram

Straightforward Short-Term Rentals on Instagram

The Real Estate Law Podcast on YouTube

Attorney Rory Gill on LinkedIn

Jason Muth on LinkedIn

NextHome Titletown Real Estate on Facebook

NextHome Titletown Real Estate on LinkedIn

No, you won't get a cramp if you go swimming after eating.

And if you swallow gum, it will not remain in your body for seven years.

And the world is not flat. It just isn't. Stop it, flat earthers....

Real estate has a ton of myths that many believe to be true. Everything from necessary disclosures to what actually constitutes a bedroom.

So what are some common real estate myths? We review 5 excellent ones in this episodes, and the truths or falsehoods behind them might surprise you!

MYTH #1: A real estate agent has to disclose haunted houses or crime scenes.

MYTH #2: It’s up to the real estate agent to disclose all problems with the home.

MYTH #3: There is a way to exempt yourself from property taxes.

MYTH #4: New construction homes must come with a warranty.

MYTH #5: A bedroom has to have a closet to be a legal bedroom.

Join Jason Muth from Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!

The Real Estate Law Podcast on Instagram

Straightforward Short-Term Rentals on Instagram

The Real Estate Law Podcast on YouTube

Attorney Rory Gill on LinkedIn

Jason Muth on LinkedIn

NextHome Titletown Real Estate on Facebook

NextHome Titletown Real Estate on LinkedIn

Seller's Markets can make for challenging situations if you're looking for a home or an investment property - tons of competition, multiple offers, lots of power in the hands of the other party.

How can you make your offer stand out? Or, at least, how can you be sure to submit an offer that includes everything that the selling party requests?

Notes from Episode:

Be complete.

Be honest and ethical.

Make the offer easy to review.

Provide Backup

Join Jason Muth from Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!

The Real Estate Law Podcast on Instagram

Straightforward Short-Term Rentals on Instagram

The Real Estate Law Podcast on YouTube

Attorney Rory Gill on LinkedIn

Jason Muth on LinkedIn

NextHome Titletown Real Estate on Facebook

NextHome Titletown Real Estate on LinkedIn

Solar panels can be a way to lessen your energy footprint and to save on electricity costs. However, the installation of solar panels can complicate your ability to sell and refinance your home.

There are some legal issues in regards to panels and real estate transactions that you will need to be aware. Here we explain some legal considerations for solar panel owners and why individuals with solar panel installations on their homes are often faced with dilemmas when it comes time to sell their homes.

Notes from this Episode:

Legal Issues with Solar Panels and Real Estate Transactions based on how you acquired your solar panels. Generally, there are three ways to acquire solar panels.

#1: Buy Them.

PROS: No ownership complications, no refinance or selling issues, adds value to your home, Tax Benefit (26%).

CONS: High up-front cost means it will be a while before your investment pays off, Ownership of maintenance.

#2: Finance Them.

PROS: Cost spread out over time.

CONS: High financing costs, associated liens can delay or prevent refinancing. For most sales, as a practical matter, the lien will need to be paid upon sale.

#3: Lease Them.

PROS: Lowest cost to have.

CONS: No direct tax benefit. Buyers need to be approved. Similar problems with refinances.

Join Jason Muth from Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!

The Real Estate Law Podcast on Instagram

Straightforward Short-Term Rentals on Instagram

The Real Estate Law Podcast on YouTube

Attorney Rory Gill on LinkedIn

Jason Muth on LinkedIn

NextHome Titletown Real Estate on Facebook

NextHome Titletown Real Estate on LinkedIn

Airbnb, vacation rentals, and other short-term rentals are new ways of making money that investors are discovering as side hustles or legitimate full-time businesses.

When you run an Airbnb, vacation rental or short-term rental business there are a number of tax implications that you may not find in your standard 1040 tax forms. These relate to home mortgage interest deductions, depreciation deductions, timing of income recognition and more.

If you happen to be running, or are considering running an Airbnb (or vacation rental of any kind) or short-term rental company, you will want to listen to this episode of The Real Estate Law Podcast to understand how you can maximize your tax benefits and legally minimize your tax liability.

Tax laws are constantly changing, especially for short-term rentals, so be sure to check with your tax professional.

In this episode, we discuss a number Tax Tips for Airbnb and Short-Term Rental Operators, including:

1.   Tracking stays and keeping good records

2.   Depreciation

3.   When to place your rental in service

4.   Mileage expenses and travel

5.   Educational seminars

6.   Loan and credit card interest

Join Jason Muth from Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!

Follow us!

The Real Estate Law Podcast on Instagram

Straightforward Short-Term Rentals on Instagram

The Real Estate Law Podcast on YouTube

Attorney Rory Gill on LinkedIn

Jason Muth on LinkedIn

NextHome Titletown Real Estate on Facebook

NextHome Titletown Real Estate on LinkedIn

Real Estate Scams have been around for decades. But now, we are entering a brand new era in the world of real estate, where people have more access to information than ever before. The upshot is that we know more, are better informed, and are also more skeptical.

Unfortunately, this has led to a rise in scammers in our industry. Real estate scams are nothing new; but what is new is that the internet has provided scammers with far greater access to potential victims, as well as lending them a sheen of respectability and believability.

They’re not going anywhere anytime soon which is why we must be cautious whenever looking to sell or buy real estate. Real Estate Scams are not uncommon, and if you're not paying attention to all of the details in your transaction, you might fall victim.

How can you protect yourself against Real Estate Scams?

In this episode, we discuss a number of Real Estate Scams that you should watch for, including:

1.   Wire fraud

2.   Loan Modifications

3.   Up Front Money

4.   Guarantees

5.   Cash Buyer Direct Sales

6.   Rental Scams

Join Jason Muth from Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!

The Real Estate Law Podcast on Instagram

Straightforward Short-Term Rentals on Instagram

The Real Estate Law Podcast on YouTube

Attorney Rory Gill on LinkedIn

Jason Muth on LinkedIn

NextHome Titletown Real Estate on Facebook

NextHome Titletown Real Estate on LinkedIn

This is part two of our two-part conversation about condo conversions.

If you haven't listened to part one yet (Episode 11), go back and check that out first! You'll learn a few of the basics there - What is a condo conversion? Why would you undertake a condo conversion? How do you plan for condoizing a building?

Here, we dig into some additional details, such as:

Learn all of this and more!

Join Jason Muth from Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!

Follow us!

The Real Estate Law Podcast on Instagram

Straightforward Short-Term Rentals on Instagram

The Real Estate Law Podcast on YouTube

Attorney Rory Gill on LinkedIn

Jason Muth on LinkedIn

NextHome Titletown Real Estate on Facebook

NextHome Titletown Real Estate on LinkedIn

What exactly is a condo conversion, you ask? You have come to the right spot!

We have a two-part conversation about condo conversions.

• Some planning is involved for marketability - Separate utilities, Level of finishing, Sensible layouts and amenities

• Other considerations - Registered land approval and insurance

Learn all of this and more!

Join Jason Muth from Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!

The Real Estate Law Podcast on Instagram

Straightforward Short-Term Rentals on Instagram

The Real Estate Law Podcast on YouTube

Attorney Rory Gill on LinkedIn

Jason Muth on LinkedIn

NextHome Titletown Real Estate on Facebook

NextHome Titletown Real Estate on LinkedIn

In this episode, we're continuing our conversation about pricing strategy and how to price your home for the optimal sale price.

If you're selling your home, you're going to want to nail the listing price when you first hit the market. The goal is to price it correctly - not too high that you'll need to make future price reductions, but not too low that you'll wonder if you made a mistake.

Even in an overheated real estate market - where properties receive multiple offers before the Open House - pricing strategy is critical.

Ideally, you'll drive competition, receive multiple offers quickly, and be in control of the entire process.

Join Jason Muth from Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!

The Real Estate Law Podcast on Instagram

Straightforward Short-Term Rentals on Instagram

The Real Estate Law Podcast on YouTube

Attorney Rory Gill on LinkedIn

Jason Muth on LinkedIn

NextHome Titletown Real Estate on Facebook

NextHome Titletown Real Estate on LinkedIn

In this episode, we're talking about how to price your home for the optimal sale price.

Even in a hot real estate market - where properties receive multiple offers before the Open House - pricing strategy is key.

Price too high? You'll come across as greedy and some buyers might not even see your listing based on their search criteria.

Price too low? You will wonder how much money you left on the table and your clients might wonder why they even needed an agent in the first place!

But pricing it just right - you'll maximize interest, field multiple offers, and be in the driver's seat when you're considering who should be the next owner of your home.

We offer a number of ways to pricing strategies, including:

Learn all of this and more!

Join Jason Muth from Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!

Follow us!

The Real Estate Law Podcast on Instagram

Straightforward Short-Term Rentals on Instagram

The Real Estate Law Podcast on YouTube

Attorney Rory Gill on LinkedIn

Jason Muth on LinkedIn

NextHome Titletown Real Estate on Facebook

NextHome Titletown Real Estate on LinkedIn