So what does the “Ti” stand for in real estate? That is the most asked question we get here at The Taylor Group. It seems everyone has an assumption or conclusion about what it stands for, but none of them are correct!
The first thing you need to know about the Ti Principle is that there is no one definitive meaning for the word. You will find many different definitions floating around out there. Some say it means ‘tribe’ while others suggest it means ‘teammate’. Others believe it simply refers to how much money you have in the house so if you don’t have as much as someone else then they play a big part in your success because of their influence. All of these theories are wrong!
We did some research and came up with our own definition. We thought of it more like a reminder or tool to help you be a better person when buying a home. A lot of people who use this principle seem to refer to it as the ‘Home Owner Belongings’ theory.
So let us try and break down the TI concept and see what makes sense. First, remember the three pillars: knowledge, motivation and action.
It stands for many things
Before we dive into what tI codes mean, let’s first discuss some of the basics about real estate. The acronym TI is very popular in real estate, but what does it stand for?
It’s not just used to describe which tax classes an investment property falls under, nor do most agents use it. But it can be quite helpful when it comes to finding your next home!
The term “Ti” was coined back in 1995 by renowned real-estate agent Peter Kelly. Since then, it has become synonymous with “Taxable Investment Property.” This includes anything from condo units to houses to commercial buildings.
TI is also sometimes referred to as “tax exempt investor property.” That sounds better, right?![1]
So now that you know what the term means, what are some other uses for it? Here are three more important things ti codes tell us about real estate.
Popular real estate signs
The term ‘for sale’ is one of the most recognizable sign-themes in real estate. It is usually followed by a listing agent, property information, and sometimes a price. This simple tag line has become very popular and befittingly, it has been adapted and used by other types of sellers than just individuals who are trying to find a house or apartment.
Sellers use this exact same style of advertising all the time! Many times, they will take the ‘For Sale�’ piece and customize it to match their business or type of product that they are trying to promote. For instance, if you own a restaurant, you can put up a billboard advertisement with ‘Open Restaurant’ along with your name and phone number. Or, if you run a gym, you could say something like, ‘Try our services free for the week” or something similar.
By using this technique, you get the benefits of having a professional looking ad while also promoting your business. People can recognize the term even when not familiar with your business, so they may look you up online or call to make sure about what you claim.
What does it mean?
While not every business needs to have its own service or brand, having one is very powerful! Finding your TI can be tricky since there are so many variations of it. That’s why we’ve compiled this list of everything you need to know about The Investment Theory of Success (or “Ti” as some call it).
Many entrepreneurs and professionals develop their own version of this theory, usually adding their own tweaks to the equation. It may even become famous under a new name!
Here, we’ll go over the basics of what The Investment Theory of Success really means, who developed it, and how you can use it to boost your success. So get out pen and paper, and let’s dive in!
What does it mean?
The term ‘investment theory’ comes from the word investment. Just like with any other kind of investing, The Investment Theory of Success teaches us how to identify an asset that will increase in value and invest in that product.
In this case, it tells us to look for products and services that help us achieve our goals and create lasting change in the world. More than just a catchy phrase, this concept has helped millions of people around the globe find true success.
It works because, when we add things into our lives that make us happier and more productive, they also make us spend more money.
Tell us what Ti means in real estate
So, what does Ti mean in real estate? It’s an acronym that stands for “To Invest In”.
That makes sense right?! If you are investing in a house, then it must be to invest in something!
Using our example from before, if you want to buy a house with lots of potential, you have to know whether or not this house is a good investment.
You also need to know if the seller will accept a lower price or if they are willing to lose money by selling it. All these things factor into whether or not Ti applies to this property.
If it doesn’t, then you can probably pass on buying it.
Tell us what Ti means in real estate
While not every property has to have a tinge of luxury, being familiar with the term “ti” can help you recognize when it is used in real estate.
The word ti comes from Italian and it translates into something like ‘objective’ or ‘purpose.’
In other words, the ti of a house isn’t just how much space it contains, but why it was built and who it serves.
This may sound heavy-handed, but it can be helpful in determining if a house is your dream home or if it’s only dreams that make it interesting.
There are many things that could be considered a ti in real estate including whether a house is close to where people work, schools for kids, and hospitals (medicine and recreational). It could also mean whether there are good restaurants nearby or if the surrounding area is safe and secure.
