Why Buyer's Agents add value
Thursday, September 16
I am often questioned by potential clients as to why they should work with a Buyer's Agent. Here are 3 reasons why: 1. They represent your interests. The whole point of a buyer's agent is to advocate for the buyer. Prior to buyer agency everyone worked for the seller. There was the Seller's ...
Example of a low CAP RATE Property in Worcester
Friday, September 10
Case study on MLS.84 and 86 May street. 6 Units These properties are in very good condition. Basically all updated in 2017. Plenty of parking at least 11 spaces in winter and 15 in summer location is close to Big Y, CVS, Bars and restaurants1.3 miles to Worcester State3.1 miles to Assumption Co...
Reprint:Buying Multi in Worcester in the Current Environment 5.13.2019
Friday, September 10
Below is a reprint of an email I sent to investors over 2 years ago. Sadly things have not changed much. Other than prices continuing to go up and an increase in inventory. Today there are 84 Multis for sale, at that time there averaged about 40 on the MLS at any point.Buying a Multi in Worces...
Worcester-Why you should buy LOW CAP RATE for your first Investment
Friday, September 10
With Mulit-Family investment I always hear all my clients looking for a 10 CAP or the 1% Rule. They think this is the HOLY GRAIL Solid Real Estate investment is based on long term growth through appreciation of a leveraged investment. Don't get me wrong, Cash flow is great. Cash flow gets you t...
Worcester Multi-family Update-- Getting Priced out? T&G article
Thursday, September 09
Is Worcester gentrifying? I believe so. But why? What are the factors contributing to this? 1. Development- Polar Park and the development in the immediate area are creating jobs 2. Momentum- Now that Worcester is on the map, people want in 3.Covid- If I only have to go to work a couple times a...
Why you should read BANKER AND TRADESMAN
Thursday, September 09
People often ask what they can do to make themselves a better real estate investor. The answer is simple, gain more knowledge. One of the best periodicals in the business is Banker and Tradesman. You can get print and online, depends on how old you are. The online version provides daily links a...