As a real estate investor, it’s generally a good idea to find ways to maximize your profits in the most efficient and effective manner possible. Some investors opt to use what’s known as a 1031 exchange as they build and finetune their portfolios to meet their goals....
Real Estate
How businesses can take some risk out of commercial leases
A new commercial lease is a massive opportunity for a business. The space that they acquire can help them reach more customers or manufacture more products. However, taking on a commercial lease is a massive commitment that comes with significant liability – not just...
Texas energy companies may be given eminent domain powers
In general, eminent domain is a power that can be used by the government. Most land in Texas is privately owned. But there are situations when the government needs to carry out a project for the benefit of the population as a whole – such as building a hospital or an...
When can Texas landowners restrict access to a stream?
Those purchasing real property in Texas often gladly pay a premium price for land with streams running through it or nearby. Having a reliable source of water can make a major difference regarding someone's use of a property. However, sometimes people assume that they...
What the rise of EVs means for commercial real estate owners
It may surprise a lot of people to learn Texas, known for oil and gas production, has over 200,000 registered electric vehicles (EVs) currently on the road. That number is only going to increase over the next couple of decades as more manufacturers enter the EV market...
Single net, double net and triple net leases: What to know
When you’re looking at a business lease, everything is negotiable – including the rent. As a renter, you can often benefit from considering net, double net and triple net leases. These leases vary in terms of the way financial responsibilities are distributed between...
Contingency clauses are a crucial safety net when buying a home
Contingency clauses are terms inserted into a purchase agreement that safeguard your interests as a potential buyer. These clauses outline specific conditions that must be met for the sale to proceed. Contingency clauses can make all the difference in your home...
Considerations for a restauranteur who is looking for a lease
As a restaurant owner, signing a commercial lease, particularly a long-term triple net lease, requires careful consideration. This type of lease can significantly impact your business's profitability and future growth. Ultimately, you have to make decisions that are...
Is home appraisal during purchase really necessary?
A home purchase is, without a doubt, the largest transaction most people will ever get into. It doesn’t matter if you are buying a family home, a vacation home or an investment, a home purchase is a huge undertaking – financially and legally speaking. As such, it...
Three things to know about Texas mechanics liens
There was a time when a handshake was all that was needed to solidify an agreement. Those in business could come to an agreement, shake on it and that was that. Unfortunately, too many people took advantage of handshake and similar agreements — failing to follow...