When you’ve inherited real estate in Boston, it doesn’t necessarily mean congratulations are in order. Instead, it’s the beginning of a long road of decisions and details to handle at an emotionally difficult time. However, as the clock keeps ticking, holding costs will begin to add up, and you’ll need to take quick action to … Continued
With the pandemic, the real estate market underwent a renewed focus of the population on the home, homeschooling, and a preference for home-based family activities to avoid crowds. In addition, there are no longer the past restrictions of working on-site near larger city centers as much of the population now has the freedom of working … Continued
There is a growing trend towards the rent-to-buy investment strategy in Boston, with two approaches. Some investors are locating viable tenants and then finding a property well suited to their needs, though their profits may be smaller, while others find great deals on the Boston market and then locate their tenants. Unlike flipping, a rent-to-buy … Continued
Rentals in the single-family sector are in short supply, with high demand, interest rates, and construction costs increasing. Rental rates reflect this trend, keeping pace with inflation yet still far below current costs for new homes and mortgage payments. As a result, many would-be new buyers are choosing to rent, with their plans to buy … Continued
As the competition among buyers of single-family homes increased, enterprising land investors, builders, and other professionals in the industry joined forces to develop planned build-to-rent communities, which are tracts of rental homes, instead of competing with individual buyers for available properties. As the pandemic progressed, the mindset and focus of many potential renters turned away … Continued
Need to sell a problem property in Boston? Read on as we explore five situations where you do not need a Boston real estate agent to sell your house. Distressed Property Suppose you are unable or uninterested in investing time, money, and energy into a major rehabilitation of your property. In that case, you’re in … Continued
While it may seem like listing agents are doing sellers a favor by agreeing with unreasonable demands instead of being upfront, it isn’t fulfilling their fiduciary responsibility to act in the sellers’ best interest. Unfortunately, sellers are unaware of the impact their decisions and demands may have until it is far too late. While not … Continued
If you’ve decided to sell your Boston home, stop looking for a listing agent and consider your options before making a costly mistake. Not all properties and not all sellers fit perfectly into the standard MLS listing model. Some home sellers are under pressure to carry the expenses of relocating before selling their first home. … Continued
There is no time like the present. While many sectors of the economy may be uncertain, the demand for real estate of all types has not diminished. Moreover, while you may have entered the property with an exit strategy planned out, life has a way of changing things, and savvy investors understand that plans may … Continued
When you inherit any type of real estate, including land, after losing a friend or family member, it can be overwhelming, especially when you add the complications of probate or shared inheritance among multiple beneficiaries. If you’ve inherited land and have no need for the property, you’re likely considering cashing in on the inheritance. Once … Continued
Diversifying your investments among several market sectors in your real estate portfolio fortifies your security in retirement. For example, investing in raw land, which historically increases in value over time, offers a long-term hedge against inflation. Additionally, land can lend itself to creative ways for investors to earn cash flow. And an essential part of … Continued
While a great deal of thought is involved in buying an investment property, the exit strategy is a crucial phase of ownership that investors must plan, as the wrong moves at this time can be costly. For example, avoiding taxes by utilizing the rules of a 1031 exchange allows you to reinvest the profits from … Continued
Many homeowners consider selling their homes by themselves, often avoiding the hefty real estate commissions. In real estate, these listings are referred to as FSBO for sale by owner. Regrettably, however, homes listed and marketed by their owners typically sell for less, and homeowners only sell about eleven percent of FSBO homes listed. Understanding all … Continued
Making the dream of homeownership come true is becoming more expensive every day. Buyers must consider all available options to save money, including buying a home at auction in MA. Before proceeding, it is highly advisable to learn about the time, costs, and process involved in a successful bid. Beginners in the world of auctions … Continued
The right buyer makes for the best outcome and most effortless experience. But how do you identify the right buyer? Read on as we explore how to choose the right home buyer when selling your house in Boston and why selling to Winter Hill Homes is a better choice. Contingencies Buyers with few to no … Continued
