Wholesalers: Assignments vs. the Double Closing
Tuesday, March 27
Wholesalers are misunderstood, especially here in Massachusetts. Because their transactions are arranged and structured differently, many real estate agents and attorneys are confused. Some even assume wholesaling is illegal. It's not, but the multi-layered rules in real estate make these tran...
Getting a Mortgage with Income-Driven Student Loan Debt
Monday, March 12
If you're swimming in high student loan debt, income-driven (IDR) plans can be a lifesaver. These plans - IBR, ICR, PAYE, and REPAYE - help keep your monthly student loan payment from swallowing your whole income. This means that student loans aren't like other debts. Payments grow (and shrink...
Condo Conversions - The When, Why, and How
Wednesday, April 19
A “condo conversion” is relatively simple in concept. The process transforms your multifamily residence into several, separate units that can be sold and owned independently.Why do a condo conversion?Whether it’s a good idea depends on your housing market. A condo conversion makes sense when th...
5 Tips for Sellers in a Strong Market
Friday, April 14
Five tips for sellers in a strong marketDon’t let the seller’s market blind you. Getting a good return on your investment may be easy, but why not try for even higher profits? By taking a few extra steps, you can maximize the money in your pocket after the closing.1. Use a local real estate age...
How do we get our neighbor to pay condo fees?
Wednesday, April 12
How do we get our neighbor to pay condo fees?It’s easier than you may think. Massachusetts law gives your condo association powerful collection rights. This includes, in most of cases, the ability to hire an attorney at no cost to the association. So, it may be as simple as contacting us.When ...
What are capital gains taxes?
Friday, March 31
When you buy a property and then sell it for more, you’ve realized a financial gain. That’s income, and it’s taxable as part of your income tax. Selling any kind of asset can trigger capital gains tax, but it often relates to real estate.Short-Term gains can be expensive.If you’ve owned the pro...