2. Texting Laws Update: Clarity for Realtors and Investors

👀 Trust This. 💼 Business Ownership Registrations and 📱Texting Law changes

Trust This.

Starting January 1, 2024, intelligent real estate investors and Realtors must be prepared to adopt the protocols of Beneficial Ownership Information (BOI) reporting.

 BOI reporting will impact almost 40 million businesses nationwide. Its goal is to boost transparency and accountability—aka 

Do you operate an LLC, corporation, or limited partnership? If so, you must 

register with the Financial Crimes Enforcement Network (FinCEN)

 Trusts are exempt from these requirements. And:

 is going above and beyond to smooth out the industry’s transition to these new regulations:

 reporting rolls out. In the meantime, get ready to register.

Connection is the name of the game in real estate, but under the Florida Telephone Solicitation Act (FTSA), text messaging potential clients can lead to lawsuits. 

This year, the Florida Legislature dialed back (pun intended) the 

Here’s a quick top-five list of the updates:

These changes create a safer environment for real estate professionals to use text messages as marketing.

To de-risk the practice as much as possible, however, it’s critical to stay informed in case future updates change best practices again.

 In the meantime, here’s to safer texting in real estate!

For some of us, the weight of gratitude is so heavy that it often breaks longtime friendships apart. 

It can be avoided by identifying when it’s happening and saying, “

 in this situation a few times, and experiencing currently it with a friend whom we have provided with a lot of financial assistance over the past several years. 

 mind trick I use to prevent myself from falling into behavioral patterns like this: “Name it to tame it.” 

 like this can originate in the amygdala, our “lizard” brain responsible for fight or flight responses. 

, I name it “the weight of gratitude,” to pull out of the fight or flight spiral. Once the emotional response has a name, it can be tamed by the brain's rational part. 

 Name it to tame it can be used for all kinds of situations when you feel so much emotion about a business, personal, or familial issue that you can’t “think straight.” Don’t just save it for the weight of gratitude to drag out this mind trick. Think of what you could name other problems you’re facing right now. 

wave

jack_o_lantern

ghost

 is only a few days away. Be sure to pick up some extra candy on the BOGO table at Publix this weekend. May your tricks be sweet and your treats be fun.

The day after I talked about the legalities of private lending to the 

 Seminole County Group, I appeared on the 

 to discuss LLCs, land trusts, and taxes. Keep an ear and eye out for these podcasts coming soon to your favorite streaming service.

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