All Posts Tagged With: "investment property"

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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 [...]

29Apr2008 | Brecht Palombo | 2 comments | Continued
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Massachusetts - You Made the List

Some Massachusetts communities have made the list of those with special financing restrictions from Genworth Mortgage Insurance. Mortgage insurance (commonly known as PMI )providers help to mitigate lender’s risks by insuring the difference between a buyer’s down payment and 20% of the homes cost. If for example you were to put 5% down to buy [...]

14Apr2008 | Brecht Palombo | 0 comments | Continued
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Baystate Foreclosures Accelerate; Opportunities Follow

Foreclosuresmass.com is reporting 7512 new foreclosures initiated in the last 60 days. Thats 125 foreclosures per day every day. If you pull the weekends out… well you can do the math.
The vast majority of these properties will end up as “REO” or “bank owned” properties. A quick count of the multifamily properties on the [...]

13Apr2008 | Brecht Palombo | 0 comments | Continued