A Great Agent is Worth Every Penny
Friday, June 14
Check out this excellent article from Banker and Tradesman, "You Rarely Know All Your Agent Does". While it mostly focuses on listing agents, the same holds true for buyer's agents. You only know some of what your agent does. The article does a fantastic job of highlighting things that often go o...
The Issue with 1023 Main Street, Worcester Wasn't Spectrum Health...
Monday, June 10
The real issue with 1023 Main Street, Worcester wasn't Spectrum Health. It was taxes. Now that we're about six months removed from the debate, it's time to revisit what actually happened. Here are three articles that made it into the papers: "Addiction treatment group buys building in Main South...
Worcester is Losing Out On More Because of Commercial Tax Rates
Thursday, June 06
Here is an article that appeared in the Worcester Chamber Exchange. Once again, I've been hammering away at this issue for years on my BiggerPockets blog. Let's not belabor the point, but Worcester's commercial tax rate is directly shaping what gets built in the city. Sure, you can spot all the ...
Can Worcester Afford These Rents?
Monday, June 03
Have you seen the latest article from the Worcester Telegram? It's about the skyrocketing rents in Worcester. Read the article here. I've been discussing this issue for years on my blog on Bigger Pockets. Make sure to check out my previous posts in the link below. WorcesterMulti Bigger Pockets...
Worcester is 3rd Worst for Tenants-What does it mean for the Landlord?
Tuesday, April 23
I have had this article pop up at least 3X a day on my various news feeds. https://drive.google.com/file/d/1ERaUGcAoG2deKIUJRFzKtOOQ1GK... Some highlights: 7th worst for available rentals2nd worst vacancy rate 1.7%Median rent $2075Year over year increase of $175Worcester is bottom 5% of income fo...
Utilities and Rent, can your tenant pay both
Tuesday, April 23
There are a bunch of articles that have come out recently that have brought up the issue that people are having a difficult time paying their utilities. There was an article in USA today on 4/10/24 that said that home heating costs were down but remained at $836 for the year. If that is across...