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Feature Article #1

How to Buy Real Estate With Your IRA

I was at a seminar yesterday about investing in real estate (and other alternative IRA investments) with your IRA. Most investors or would-be investors don’t know that you can do this, and those that do know about it for the most part think its something new. Real estate investing with your IRA has been possible [...]

Brecht Palombo | May 7th, 2008 | Continued

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Feature Article #2

Bad Loans Piling Up at Local Banks

Last week I reported that Massachusetts’ banks are realizing growing default balances in their loan portfolios. This week the BBJ is reporting the same.
On Friday I was contacted by a guy in the industry whom I met at a number of the larger auctions we’ve held over the last year or so. He is in [...]

Brecht Palombo | May 5th, 2008 | Continued

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Feature Article #3

Apartment Rents Are on the Rise

You heard it here first folks. Back on September 7th 2007 I reported that we’d be seeing rents on the rise
“There is a flight to rentals in a big way right now. You get foreclosed on, you go rent. You just got out of college and barely have a job, you rent. You had [...]

Brecht Palombo | April 30th, 2008 | Continued

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Feature Article #4

How to Get More Income From Your Investment Property This Year

Maximizing your NET income is the name of the game when it comes to income property, isn’t it? There are however two numbers to look at when we’re talking NET - these are the before tax and the after tax numbers.
Taxes have a significant impact on the real dollars in one’s pocket, and minimizing the [...]

Brecht Palombo | April 29th, 2008 | Continued

About this Site

Brecht Palombo
President, Principal Broker, Auctioneer MA, NH, CT
Brian Foley Esq. JD, CFP
Estate Planning Wealth Management and Professional Services Liaison
Lance Tindall
Associate, Licensed Agent MA

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April 08 Multifamily Sales Report Now Available

I just updated the sales figures for April 2008. This data is compiled from MLS and as I’ve mentioned here previously this data largely excludes the bigger commercial multifamily sales but is inclusive of probably 85% or more of the small and mid-sized buildings, that is what seems to make it into MLS.
The average [...]

15May2008 | Brecht Palombo | 0 comments | Continued
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Make Your Goals Match Your Market

I write from time to time about how to size up a real estate investment. We’ve discussed cap rate and gross rent multiplier and briefly IRR. In the multifamily market though it seems there are as many measures of a good investment as there are investors.
Recently we were talking with an investor who is [...]

14May2008 | Brecht Palombo | 0 comments | Continued
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More Banks May HAVE to Sell at Foreclosure

It is the norm for big banks foreclosing in Massachusetts to use the process simply as a title clearing procedure. The way it works is that there is minimal marketing and the bid process involves the foreclosing attorney “bidding the debt” or bidding the full amount that the bank has into the property. Very often [...]

12May2008 | Brecht Palombo | 0 comments | Continued
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