Archive for February, 2008

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Local Broker Successfully Predicts Rental Market

Alright the headline is a bit self aggrandizing but last September I wrote a post about about how and why residential rents were going to go up and that multifamily investments are a smart play as a result. Today I get some satisfaction.
CoStar’s Randyl Drummer reports that multifamily investing is a bright spot in [...]

20Feb2008 | Brecht Palombo | 0 comments | Continued
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Who Should Buy and Who Should Sell In This Market? Part I.

There’s so much chatter out there about what’s going on in the market. I thought I’d stop and try to put some numbers on it. If you have owned property for a long time and you’re thinking that you might want out within the next, say, 5 years maybe up to 10, It is probably [...]

19Feb2008 | Brecht Palombo | 0 comments | Continued
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This One is Going to Go Fast

This property is a good deal. It was just reduced to $289,900. This is a bank owned 2 family. There are 4 floors of living. The sec8 rents in Malden are really strong. Both units are renovated to different degrees but all the windows have been replaced and the systems look recent. If you are [...]

19Feb2008 | Brecht Palombo | 0 comments | Continued
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