investment: 2nd Homes...What to Do??
- 01/19/23 10:41 AM
Many people own 2nd homes, usually vacation or getaway properties. The question is, what do you do if you no longer use that property? Sell it? Keep it? This past summer we went to the mountains for a short period. We were amazed at how much new and expensive construction that was taking place. I was scratching my head with curiosity. I mean, Pam & I drove around the entire area. We drove up and done mountainsides replete with new roads and new construction. We were fascinated. By chance, we ran into a local real estate pro and had coffee. The subject of … (12 comments)
investment: To Own or Not to Own?...
- 12/09/19 09:05 AM
...That is the Question. There are many reasons for making the decision to own your own home or not owning a home. I have quite a few people I know that have sold their homes and now are renters, And I know many folks that are now considering entering the market to purchase a home. The decision is personal and different for everyone. That being said, if you are a person that wants to own a home, let's see about... The True Cost of Not Owning Your Home There are great advantages to owning a home, yet many people continue to … (6 comments)
investment: Continue to Rent OR...
- 08/07/19 08:06 AM
...Purchase a home? That's a question many are asking these days. There are as many reasons to rent as there are to purchase a home. We all know that Real Estate ownership has been considered to be a hard asset vehicle to establish wealth. On the side of owning... there is a real sense of comfort knowing you have a sense of permanence and stability. The article below lists...
5 Powerful Reasons To Own Instead Of Rent Owning a home has great financial benefits. In a recent research paper, Homeownership and the American Dream, Laurie S. Goodman and Christopher Mayer of the Urban Land … (12 comments)
investment: What Americans Consider as BEST...
- 07/03/19 07:29 AM
There are many ways to invest your money and earn money. Through the ages, Real Estate ownership has been considered to be a true wealth generator and...It Is and will be for the foreseeable future. Within this article compiled by KCM is a link to a Gallup Poll article. Please don't miss or skip it. Americans Rank Real Estate Best Investment For 6 Years Running! Some Highlights: Real estate has outranked stocks/mutual funds, gold, savings accounts/CDs, and bonds as the best long-term investment among Americans for the last 6 years. Stock owners are more positive about real estate than stocks as an investment. Of … (6 comments)
investment: SO, Now You're Retired...
- 06/09/19 08:30 AM
You've worked hard, raised a family and now you've reached that new destination called Retirement. The house seems bigger than it did when the kids and their friends were growing up. Maybe it's because there are only 2 of us rambling around the homestead. Different thoughts cross your mind about downsizing, moving to a different climate or just a smaller place with less maintenance. "What do I need to know?"
What Is Important To Boomers When Selling Their House? If you are a “baby boomer” (born between 1946 and 1964), you may be thinking about selling your current home. Your children … (14 comments)
investment: Flipper? No, Not the Dolphin!
- 03/14/19 10:24 AM
For all you Flippers or wanna-be Flippers of Real Estate, I found an interesting article published by ATTOM Data Solutions on the 2018 statistics on home flipping. Enjoy
Top Major Market Flipping Rates in Memphis, Phoenix, Las Vegas, Tampa, Birmingham; Almost $20 Billion In Financed Flips in 2018, Up 8 Percent From 2017 to 11-Year High IRVINE, Calif. – February, 28 2019 — ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q4 and Year-End 2018 U.S. Home Flipping Report, which shows that 207,957 U.S. single-family homes and condos were flipped in 2018, down 4 percent from the 216,537 home flips … (13 comments)
investment: Does Homeownership Really Matter?
- 02/19/19 05:22 AM
To rent or buy?... That's an age-old question. I get that question all the time from people that rent. It all depends on their situation BUT Real Estate ownership is the hands-down best way to produce wealth. Your rent dollars just fly out the window and are gone forever. Why Homeownership Matters Now More Than Ever Study after study shows that no matter what generation Americans belong to, the vast majority believe that homeownership is an important part of their American Dream. The benefits of homeownership can be broken into two main categories: financial and non-financial (often referred to as emotional or social reasons.) … (12 comments)
investment: 123-125 Central St, Georgetown, MA SOLD $725,000
- 02/15/19 01:09 PM
GOING, GOING, GONE!!! Yesterday we closed on a 6-unit building. Six 3 room 1 bedroom apartments. Walking distance to town center. The investor was ecstatic to add more units to their investment portfolio.
Investing in Real Estate, especially in multi-unit dwellings is a great way to build wealth and security for your family. Call me if you are interested. … (10 comments)
investment: Part 2... Using Cap Rates Wisely
- 09/28/18 02:19 PM
This is Part 2 and the final blog post on Capitalization Rate, How to calculate and use them wisely. I hope you enjoy and find it useful, especially if you are a budding investor.
Using Cap Rates Wisely
1 Use cap rates to quickly compare similar investment opportunities. The cap rate basically represents the estimated percent return an investor might make on an all-cash purchase of the property. Because of this, cap rate is a good statistic to use when comparing a potential acquisition to other investment opportunities of a similar nature. Cap rates allow quick, rough comparisons of the earning potential of investment … (0 comments)
investment: How to Calculate Capitalization Rate Part 1
- 09/28/18 02:00 PM
I found the following discussion on how to determine the Capitalization Rate for a piece of investment property to be helpful for new investors in Real Estate. I hope you enjoy the explanation. I was looking at this information to refresh my knowledge and maybe pick up some new knowledge.
Real estate investors rely upon a variety of types information when negotiating for income producing properties - for instance, the desirability of the property's current location and/or any prospective changes in the neighborhood are two common factors. One crucial piece of information that helps investors make their decision is called the capitalization … (8 comments)
investment: It's All American and 100 Years Old!
- 03/04/17 12:25 PM
AND is called Marshmallow Fluff! Have you ever heard of it or even eaten a Fluffernutter sandwich? Marshmallow Fluff was a staple in many a New England home and the Fluffernutter was the primary sandwich. Here's a picture... You can see that this is a yummy sandwich made with your favorite bread and in-between the bread is peanut butter and Marshmallow Fluff!!! We used to see commercials on early TV like this one... Marshmallow Fluff was, originally, created by a Somerville, MA gentleman by the name of Archibald Query was making Fluff in his kitchen and selling it door to door sometime around WW1 but wartime shortages … (23 comments)
There is more to life than Real Estate. My intention is to provide not only Real Estate information but items that we all face and experience in our daily journey through life.
Many people own 2nd homes, usually vacation or getaway properties. The question is, what do you do if you no longer use that property? Sell it? Keep it?
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