Home inspections are a waste of money?
Wednesday, June 28
Does this seem like a bold statement that can get me into trouble? It probably is. Since I am an agent who sees about 10 investment properties a week, my opinion might be different from people who are buying 1 house to live in, and are only doing it every 10 years. Let's do a quick summary of wha...
What is the Great Renovation?
Wednesday, June 28
You may start seeing articles talking about the Great Renovation. The housing stock in many places is very old. Worcester is the quintessential city for this. Since there are so few, new or move in ready houses, these are bought up by end users(owner occupants for the most part) Who buys the junk...
Why you shouldn't use an agent who is buying similar properties
Monday, June 26
Often people say you should use an investment agent/broker when you are buying an investment property. This is definitely something you should be doing. However you need to be careful if you are working with an agent who is buying for her/himself as there is a conflict there. One of the first que...
Harping on Student Loan Repayment again
Monday, June 26
I feel I must continue to beat the drum on this one. Check out this article. https://www.newsbreak.com/news... If/When student loans kick back in, that will pull $18 BILLION out of the economy a month. The sad part is that during covid when people were stuck home not able to buy anything, and sav...
Worcester Polar Park and the Woosox
Thursday, June 01
https://www.biggerpockets.com/... Let's revisit something from months ago and something we all knew was coming. Polar Park does not pay for itself. https://www.masslive.com/worce... As I mentioned in my prior blog post, it is great that we have Polar Park. It is a great place, but it doesn't ma...
How "Sustainable Buildings" contribute to Gentrification
Thursday, June 01
When Cities and Towns require Stretch Code and LEED certified buildings they unwittingly raise housing prices and contribute to gentrification. Essentially, these codes drive up the price of construction. That has 2 effects. 1. Drive up the cost of buying or renting property2. Making projects un...