When a prospective tenant is looking for a home, a spacious feeling bathroom could make all the difference in whether they choose your place over another. When it is time to take your rental property from simply adequate to purely amazing, there are a few design principles to keep in mind.Read More
When you're looking to hire a contractor for your next project, you want to be sure that whoever you hire is the right person for the job. Whether it's a new coat of paint on your bathroom walls or an entire overhaul of your master bedroom, it's easy to get overwhelmed while renovating your home. A good contractor will make the process as stress-free as possible.
If you're looking to hire a contractor in Boston, here are some things you should keep in mind.
Investing in new building construction is the next big niche in the real estate industry. Instead of purchasing an old house to flip, many more investors are buying new buildings. Instead of purchasing the property from another investor or the homeowner, you're buying it directly from the building's creator. Investing in these "real estate new builds" is proving to be a strategy that yields profitable returns.
To help you make a final decision, it's best to consider the pros and cons of buying new construction properties.
From remodeling your bathroom to adding a new edition, home renovation is enticing. But the prospect of the work involved can be daunting. For the average person, home improvement can often seem like an impossible challenge. Yet there are many who take this Herculean task on. These DIY renovations can often end in failed marriages or dangerous not-to-code 'improvements.'
So what's the solution? Hire a private contractor. The average person will often shy away from this concept. Yet when it comes to designing and renovating a bathroom, many people aren't able to finish them. Here are all the reasons why you should hire a private contractor.
You're going to be working on your investment property to improve your ROI. Will you be restoring it? Renovating it? Perhaps rehabbing it? What are the differences between these 3 anyway? Aren't they interchangeable?
Well, no. They aren't the same thing and depending on your goals for the property and the building itself, one may be more favorable than the others. Let's break it down:
We get it - it's your investment property and you want to put just enough work and money into renovating it to make it cash-flow positive but not a penny more. For some investors, this means that a lot of the work is DIY because a little elbow grease is often the cheapest form of labor. If you're planning to renovate a few rooms or the entire home, you'd be better off hiring a remodeling contractor than trying to DIY the whole project yourself. Hiring a professional will save you money, time, and headaches.Read More
Yards can be lovely, but many are designed in ways which make them less than useful. Especially in older homes, the yard is often a place you look at rather than live in.
These days, a home needs more than a yard - it needs an outdoor living space. The popularity of outdoor rooms has increased by 72 percent since 2012. Why should you add outdoor living space to your home?
In recent years, older kitchen designs were par for the course as the recession caused investors and homeowners to put larger-scale projects on the back burner. With economic growth across the real estate industry, it's time to invest money into those larger-scale projects once more. An easy way to receive a higher return on investment (ROI) is to update the old kitchens common throughout antiquated cities like Boston.
The following three kitchen remodeling trends are among the most popular and desired in New England. They will help to increase the value of the property, so investors can get the highest ROI possible.
Several of Boston's centuries-old properties still stand today and are suitable as private investment residences. Each of these five properties has a unique historical significance.Read More
Investing in residential real estate can be a great way to earn impressive returns and build substantial equity over time. However, once you have decided to put your investment monies into the residential real estate market, it is time to decide whether you will focus on single-family or multi-family investing property types.
Single-family residences, commonly referred to as SFR's, are typical detached homes that traditionally house only one family. These properties come in all shapes, sizes, and price points. On the other hand,multi-family residences are those that have several units in one building, such as a fourplex or apartment building.
Here is a quick rundown of some of the benefits and drawbacks of each, to help you make an informed investment decision.