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Live in a 3 decker give $6mm to charity

Monday, July 03

https://www.boston.com/news/th... Wonderful article here. Basically these brothers lived simply and saved  GBH said on Wednesday that the brothers, working-class guys from Malden who lived their whole lives in the three-family house where they grew up, are responsible for the organization’s bigge...


The idiocy of making students pay to take the school bus

Wednesday, June 28

Early in my economics classes they spoke of private and public goods. Public goods are provided by the government or by nature for the welfare of people without any cost. Private goods are goods that are produced and sold by private companies to earn a profit. School Bussing is clearly a PUBLIC G...


Who pays commercial taxes in Worcester, don't you want to know?

Wednesday, June 28

Straight out of the Worcester Business Journal here are our top 10 taxpayers. What do we see here.  A group of taxpayers who can't leave no matter how high we raise the commercial tax rate. If anyone follows WorcesterMulti they know that I complain all the time about how the dual tax rate (Resid...


Home inspections are a waste of money?

Wednesday, June 28

Does this seem like a bold statement that can get me into trouble? It probably is. Since I am an agent who sees about 10 investment properties a week, my opinion might be different from people who are buying 1 house to live in, and are only doing it every 10 years. Let's do a quick summary of wha...


What is the Great Renovation?

Wednesday, June 28

You may start seeing articles talking about the Great Renovation. The housing stock in many places is very old. Worcester is the quintessential city for this. Since there are so few, new or move in ready houses, these are bought up by end users(owner occupants for the most part) Who buys the junk...


Why you shouldn't use an agent who is buying similar properties

Monday, June 26

Often people say you should use an investment agent/broker when you are buying an investment property. This is definitely something you should be doing. However you need to be careful if you are working with an agent who is buying for her/himself as there is a conflict there. One of the first que...