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18 March 2024 | 1 reply
Im looking to acquire another property here in MA in the next 6 months...ideally for a flip.
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22 March 2024 | 81 replies
I took the Massachusetts sales agent class recently and this was covered.
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20 March 2024 | 19 replies
In Massachusetts, I wasn't required to be a member and wasn't for a while.
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17 March 2024 | 24 replies
@Ray HarrellSellers will owner finance because (1) they will be able to sell for a higher price because they will sell to people who can’t get institutional financing, (2) they think the interest rate they receive on the money they financed, usually 6-10%, is better that the 2% bank accounts are paying (3) they get to spread out the gain on the sale of property over many years and not be bumped into a higher tax bracket immediately, or (4) they can sell the property faster as a buyer doesn’t have to wait 45 days to fulfill institutional lending requirementsBuyers may want owner financing because (1) they save the points and other fees associated with institutional financing (2) they may own the maximum number of properties financed allowable by lending institutions (3) they as full time real property investor may not be able to prove the amount of income necessary to obtain a loan (4) they may not qualify for conventional financing, only hard money, in which case owner financing may be at a much lower interest rate (5) they may have liens, judgements, etc. outstanding that make obtaining outside financing impossible, (6) they may want to close quicker than available with institutional financing.Please let me know if this makes sense
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17 March 2024 | 4 replies
Hi all, I'm planning to get my Real Estate in Massachusetts soon this year and with the National Association of Realtors agreed to dropping the 6% commission rate, is this still a good idea?
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17 March 2024 | 10 replies
Tomorrow I start my 40-hour real estate program to become a licensed realtor in the state of Massachusetts by mid-April 2024.
17 March 2024 | 13 replies
Massachusetts requires that *all* STR platforms collect both city and state STR occupancy taxes and remit them to the state monthly.
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19 March 2024 | 52 replies
I bought a Multifamily here in MA and had a SEC 8 last year. 4 weeks ago they left for holiday and they left 6 cats, a dog, and other animals behind.
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16 March 2024 | 1 reply
I have been investing in small MFs in Massachusetts for the past 5 years and am looking to begin investing in SFHs in central/western St.