money: 2 Questions To Ask When Selecting a Mortgage Lender - 07/08/17 03:12 AM
If you are not paying all cash, you will need a lender on your team. Remember you don’t have to put 20% down to purchase your home! You may be able to use low money down programs. How do you plan on finding a lender that best suits your needs? Do you plan on asking a family member or going online?
The key is knowing what questions to as them. Since you will be making a major financial purchase, you want to find the best lender you can find. They are a major part of your team so make sure you speak … (2 comments)

money: 4 Home Buying Myths Resolved - 07/07/17 04:51 AM
These are a few common myths about buying a property. See how these common myths are debunked!
1.MYTH: I need 20% down buy a property
TRUTH: You don’t need 20% down to purchase! FHA is 3.5% down and MassHousing is 5% down. Consider multiple programs when looking for a loan on your property. Is is best for you to put 20% down or low money down? Keep in mind, with FHA you will be paying PMI (Private Mortgage Insurance) for the life of the loan. You do have the option to refinance later to rid the PMI.
2. MYTH: I need an excellent credit … (2 comments)

money: 3 Reasons Why An Aspiring Investor Needs to Journal - 07/04/17 04:06 PM
Can a simple practice such as journaling help you reach your goals? Journaling on a daily basis will help keep your focus and keep your focus on your goals. Writing down your thoughts is what many investors, businesspeople, and entrepreneurs has assisted them in reaching higher goals. Below are four reasons why journaling will help you as in investor.
1. Focus
One habit you can begin is reviewing your goals on a daily basis. The attention that you place on your goals, through journaling will allow you to hone into what important activities need to get done on a daily basis. … (3 comments)

money: One Secret You MUST Apply to Your Daily Habits - 07/03/17 05:01 AM
Want to improve your life?
Take a look at your daily habits. The biggest secret you must apply to your daily habits is the ability to self assess! Self assessment is the ability to evaluate your actions or daily performance.
This may seem difficult at first, but it is necessary to grow.
Self awareness will keep you on the path of continuous progress.
To begin, you need to understand where you currently are and where you want to be in the future. This is a difficult question to ask yourself. Be honest. Do you have goals? Do you want to begin investing in … (2 comments)

money: How Do I Get Started Saving Money? - 07/02/17 03:20 AM
Are you looking to increase your savings? This is a very popular question, and you may not even know where to start! These three tips will put you on the right path to begin saving money.
1. Change Your Philosophy
Currently what do you think of money? Do you not have enough to invest? Keep in mind, you need to save to invest and have a goal in mind. The goal will give you propose. First, define your goals. Do you want to have a savings goal for a house, to invest in real estate, or to buy a car? Only you can … (0 comments)

money: Do You Know These 10 Financing Terms? - 07/01/17 06:13 AM
Looking to purchase a property? Here are ten terms you want to know and must understand if you want to make the right purchase.
1. Cash Flow
To invest in real estate, you want to have cash flow! This is your income minus expenses. Income includes rental income. Expenses can be mortgage, taxes, insurance, water, repairs etc. For example. You have a property bringing in 3000 a month. Your expenses equal 2700 a month. You have a cash flow of 300 per month. You can increase your cash flow by increasing income and decreasing expenses.
2. Appreciation
Your property has increased value over … (3 comments)

money: 7 Reasons to Invest In Multifamily - 06/30/17 04:54 AM
Are you considering investing in Multifamily? There are numerous benefits on why to invest. As a newer investor, consider why you want to invest in real estate:
Loan paydown (tenants build you equity). You are not paying the mortgage yourself! Over time, you are building wealth since you are paying down the loan. Keep in mind, when analyzing a rental property you also want to include vacancy so you can cover when you need to rent your units.
Cash Flow (Income- Expenses, passive income — IF you buy right!). You have control over your investment. Your job as an investor is to see … (2 comments)

money: How Can A Young Adult Invest Money? - 06/29/17 05:25 PM
Investing can be difficult if you don't educate yourself first!
Do you know your current income expenses on a weekly monthly level? I did this for about 2 weeks and saw I could save money by cutting simple expenses… It is a wakeup call and if you consistently spend without knowing how much you need to save to invest, you are hoping you get results without no process.
When investing, play for the long term. Understand what a good return is.
Educate yourself on the investment platform before investing. Why are you picking this over ever other investment?
Decide how much you want to … (1 comments)

Steve Bracero, First Time Homebuyer and Investor Specialist  (Heisler and Mattson)

Steve Bracero

First Time Homebuyer and Investor Specialist

Shrewsbury, MA

More about me…

Heisler and Mattson

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