Premier Law

Fact ?? Fiction Friday Fiction ? Every real estate agent must follow the new rules set by the National Association of Realtors (NAR). ?? Fact ? Only real estate agents who are members of NAR are required to follow its rules and Code of Ethics. While NAR is the largest trade association for real estate professionals, not all agents are members. However, agents who aren’t NAR members must still adhere to state laws, licensing requirements, and their brokerage policies. Why does this matter? If you’re working with an agent, understanding their affiliations and the standards they follow can make a big difference in your real estate experience. Questions about how these rules might impact your next transaction? Reach out ??♂?. #FactVsFictionFriday #RealEstateInsights #NARRules #RealEstateTips

#Multifamily ?? Monday Is Your MDU Tapping Into Telecom Gold? ?? Happy #MultifamilyMonday! Let’s talk about something that could be making you extra cash: telecom agreements for your MDU (multifamily dwelling unit) property. ???? Here’s the fun part—your property isn’t just about square footage and rent rolls; it’s also about connectivity. Telecom providers are willing to pay for access to your property, whether it’s for: ?? Bulk internet or cable agreements that offer residents discounted services (and put money in your pocket). ?? Rooftop leases for antennas or small cell equipment. ?? Access agreements to install fiber or other infrastructure. But here’s the catch: Many owners sign these deals without realizing their full value. Some common missteps include accepting low compensation, unclear terms, or exclusivity clauses that limit future opportunities. Don’t let that be you! Why should you care? ? Boost Your Revenue: Telecom contracts can be a steady and significant income source. ? Enhance Resident Satisfaction: Better connectivity = happier tenants. ? Protect Your Property’s Value: The right agreement can avoid pitfalls while increasing appeal. The key is knowing what your property is worth and negotiating terms that work for both you and your residents. It’s not just business—it’s about unlocking hidden potential in the spaces you already own. ?? Curious how telecom agreements could work for your MDU? Drop your thoughts or questions below, and let’s start a conversation! #MultifamilyMonday #MDURevenue #TelecomDeals #ResidentExperience #HiddenOpportunities

#WordoftheDay ???? Wednesday What is Yield??? In real estate, yield is a critical metric that measures the income return on an investment property. It's often expressed as a percentage and calculated by dividing the annual rental income by the property's purchase price or market value. ?? Why it matters: Yield helps investors evaluate how well a property generates income relative to its cost. It's especially useful for comparing potential investments and tracking performance over time. Example: Sarah purchased a rental property for $300,000 and earns $24,000 annually from rent. Her annual yield is: $24,000 ÷ $300,000 = 8% A solid yield like this can signal a good investment, but it's important to consider expenses, market trends, and future growth potential! How do you evaluate yield when making real estate decisions? Let’s discuss in the comments! ?? #WordOfTheDay #RealEstateTips #Yield #RealEstateInvesting

Fact ?? Fiction Friday Fiction ? Realtors can freely modify the FAR/BAR lease as needed to suit their client’s preferences.. ?? Fact ? Florida law prohibits realtors from practicing law, including drafting or modifying legal contracts like the FAR/BAR lease. 1?? Only Fill in Blanks: Realtors may complete the blanks in the standard FAR/BAR lease but CANNOT add or alter clauses. 2?? Legal Modifications Require an Attorney: Any changes to the lease must be made by a licensed attorney to ensure legality and enforceability. 3?? Avoid Legal Risks: Unauthorized modifications can result in legal liability for realtors and their clients. BOTTOM LINE: Stick to the standard FAR/BAR lease and refer clients to an attorney for any changes or custom clauses. Reach out if you have questions ??♂?. #FactVsFiction #RealtorTips #FARBARLease #RealEstateLaw #FridayFacts

Thursday #TipsOfTheDay ? When it comes to legacy planning, having a will isn’t just an option—it’s a necessity. Here’s why: ? Protect Your Loved Ones: A will ensures that your assets are distributed according to your wishes, reducing family disputes and confusion. ? Avoid Intestacy Laws: Without a will, state laws determine who gets your assets, which may not align with your intentions. ? Name Guardians for Minors: If you have young children, a will allows you to designate guardians, providing clarity and security for their future. ? Simplify the Process: A well-prepared will speeds up the probate process, saving time, stress, and money for your loved ones. ? Express Your Wishes Clearly: Your will can include specific bequests, charitable donations, or even instructions for sentimental items, leaving a lasting legacy. ?? Pro Tip: Review and update your will regularly to reflect life changes such as marriage, children, or new assets. Knowledge?? = Power ?? Don’t leave your legacy to chance. Start planning today for a secure tomorrow! Reach out to me for all your #legacyplanning questions ?? . #LegacyPlanning #EstatePlanning #Wills #ThursdayTips #PlanAhead

#Multifamily ?? Monday Apartment complexes and community associations: Are you missing out on easy revenue? With telecom revenue-sharing agreements, you can turn essential resident services—like internet and cable—into a steady income stream. Here’s how it works: 1?? Partner with providers for exclusive or preferred agreements. 2?? Negotiate a share of the revenue from resident subscriptions. 3?? Enhance resident satisfaction with better service packages. Why it works: ?? Generate passive income without extra costs. ?? Offset operational expenses. ?? Attract tenants with cutting-edge services like fiber internet. ?? Example: A 150-unit property earned $30K annually through revenue-sharing while offering faster internet to residents. Don’t leave money on the table! Reach out to me ?? if you have questions to learn how your property can start earning. Knowledge?? = Power ?? #MultifamilyMonday #PassiveIncome #TelecomRevenue #ApartmentManagement #CommunityAssociations

Thursday #TipsOfTheDay ? As a parent, the thought of what happens to your child if something were to happen to you is unimaginable. But not having a will or naming a guardian for your child could leave their future in the hands of the state, especially here in Florida. Without a will: ?? The state decides who cares for your child — not you. ?? Family disputes could arise over who should be the guardian, causing stress for your loved ones. ?? Your child may be placed in foster care until the court can determine custody, which could cause unnecessary trauma and instability. In Florida, if you don’t name a guardian, the court will decide who will care for your child, and it might not be the person you would have chosen. Your child could even be placed in the foster system until a decision is made — a situation that could be avoided with proper estate planning. A Will is essential, but don’t forget that a separate guardianship designation document is just as important. This separate document allows you to specifically name a guardian for your minor children, ensuring that your wishes are clear and enforceable, even if your will is contested or the court needs additional direction. ?? Take action today! By creating a will and a guardianship designation, you can ensure that your child is cared for by the person you trust most, not left to the uncertainty of court proceedings. Estate planning isn’t just for the wealthy — it’s for every parent who wants to protect their family’s future and avoid unnecessary hardship. ?????????? Protect your child’s future & reach out to me for all your #estateplanning questions ?? . Knowledge?? = Power ?? #estateplanning #estateplanningtips #wills #trusts #legacyplanning #assetprotection #successionplanning

#WordoftheDay ???? Wednesday What is X-Factor??? In real estate, the X-Factor is that unique quality or feature that sets a property apart from the rest. It might be the stunning view, an unbeatable location, a historic charm, or a modern smart-home system. The X-Factor can significantly influence a property's appeal and, ultimately, its market value. For sellers, identifying and highlighting the X-Factor is key to standing out in a competitive market. For buyers, spotting a property’s X-Factor could mean finding a home that truly resonates or a hidden gem with strong investment potential. What do you think makes a property's X-Factor unforgettable? Share your thoughts or examples below! ??? #RealEstate #PropertyValue #Marketing #realestatetips

#Multifamily ?? Monday As electric vehicles (EVs) become the norm, Multifamily Dwelling Units (MDUs) like apartments and condominiums have a unique opportunity to lead the way in sustainability and innovation. Installing EV charging stations not only caters to the growing demand for eco-friendly living but also provides significant benefits to property owners, residents, and communities: ?? Sustainability: Show your commitment to a greener future by supporting EV adoption. ?? Attract Residents: Modern amenities like charging stations appeal to tech-savvy, eco-conscious renters and buyers. ?? Increase Property Value: Enhanced infrastructure and green credentials can make your property stand out. ? Convenience for Residents: Eliminate the hassle of off-site charging, offering a better living experience. ?? Stay Ahead: As EVs grow, properties with charging stations will be future-ready, attracting long-term value. Let’s bring innovation to our communities and pave the way for a cleaner tomorrow! Are you ready to charge up your MDU? Reach out to me ?? if you have questions. Knowledge?? = Power ?? #EVCharging #RealEstateInnovation #MDUUpgrades

#WordoftheDay ???? Wednesday What is Walkability??? Walkability refers to how friendly an area is for walking. It considers factors like proximity to amenities, pedestrian infrastructure, safety, and overall accessibility. Why it Matters in Real Estate: ?? Boosts Property Value – Homes in walkable neighborhoods tend to have higher demand and resale value. ?? Enhances Quality of Life – Access to shops, parks, and public transit creates vibrant, connected communities. ?? Promotes Sustainability – Reduces reliance on cars, cutting down on emissions and fostering greener living. Pro Tip for Real Estate Professionals: Highlight a property's walkability score in your listings. It’s a powerful selling point that resonates with today’s buyers and renters! What’s your favorite walkable neighborhood? Drop it in the comments! ?? #RealEstate101 #realestatelawyer #realestate #realestatelaw #realestateattorney #realestateadvice #realestatetips