Posts filed under: Blog
If you already own a single family home and are looking to build your real estate portfolio, multi-family properties are the next logical step. They provide rental income and the opportunity to build equity. If this is your first multi-family...
FHA mortgages are very popular for buyers looking to live-and-rent (live in one unit and rent the others). Unlike typical investment mortgages that require 25% down, down payments can be as low as 3.5% for an owner occupied multi-family. This...
Cape rate is one of many ways that you might evaluate an investment property. It can be indicative of property class. We include cap rate estimates for all properties on our website. Understanding property cap rates can help you quickly...
There’s a wide range of investment properties on the market. Properties are grouped into classes (A, B, or C) to identify their characteristics and level of investment risk and return on investment. Understanding these classes can help you select the...
Are you using accurate operating expenses when evaluating investment properties and projecting returns? Here are the common operating expenses for multi-family properties and tips on how to accurately budget for them. Taxes & Insurance Taxes and insurance are an obvious...
Experienced investors focus on adding multi-family properties to their portfolio. This is evident in the high demand for this type of property across Massachusetts. If you’re not sure whether this is the right investment option for you, consider these 5...
It’s a simple fact that real estate builds wealth. Beyond owning a property that you live in as a primary residence, one of the best ways to invest in properties in Massachusetts is through the purchase multi-families. In most cases,...
Security deposit laws are very specific and strict in Massachusetts. Mistakes by landlords are surprisingly common and can be very costly. If you own a multi-family, here are security deposit mistakes to avoid in Massachusetts. 1 – Depositing Funds Into...
Selling a home can be a bit challenging during a pandemic. This is especially true for multi-family properties given the need to coordinate with tenants at the property. However, it’s also an ideal time to sell because of rising home...
During the COVID crisis, Governor Charlie Baker imposed a moratorium on rental evictions. But in so doing, the Governor also established the Residential Assistance for Families in Transition program, a $5 million fund to assist family facing extreme financial conditions...
