Michael Touchette is a real estate developer and builder located in Lynnhurst, Massachusetts. For over thirty years his company MT Realty has carried out the completion of various residential projects
Passive income offers one effective strategy for paving the road toward financial independence. Real estate offers an excellent way of receiving passive income. However, understanding the definition of passive income is a must. People who earn money without engaging in active participation are receiving passive income. Although the word “passive” implies sitting back and watching the money flow, the fact is that investors need to do work before passive income occurs. There is no longer any ne...
Cold winter weather has officially enveloped the entire nation. You may be tempted to spend the next few months inside waiting for spring to arrive, but this would be a big mistake. This is the perfect time to start shopping for a new home. These are the four biggest perks of purchasing property in the winter.
There are simply far fewer people looking to buy a new home during the winter. The lack of potential home buyers can be attributed to the busy holiday season and the frigid winter tempe...
It is great to see new places, meet new people, and experience new cultures. The experiences provided by an enjoyable trip to a foreign destination can last a lifetime and can be interesting topics to talk about with anyone that a person meets. However, it is very important for tourists to practice proper etiquette when traveling to different locations.
Financing the construction of a real estate property can be quite a capital-intensive process. As an aspiring homeowner, you probably may think of selecting a suitable home construction financing option. One of the suitable options that you may probably consider is going for a mortgage from a lending institution. Obtaining the right mortgage lender to partner with you is not an easy process as it requires consideration of numerous factors.
Job markets and real estate costs can vastly differ throughout the United States. Some cities are struggling to find enough qualified workers to fill their jobs while others simply do not have any top-notch jobs available. This is forcing a lot of people to move across the country in order to maintain their desired lifestyle. These are four big metro cities that are perfect for anyone looking to get a better life by moving to a new area.
The advent of technology has revolutionized nearly every industry. Modern technology allow businesses to get more done at a faster pace than before, and the technology keeps getting better with time. Real estate is an industry that has grown immensely due to the evolution of technology. The latest technology helps real estate businesses analyze properties, provide more efficient services, and reach out to an increasing amount of clients.
There are hundreds of companies that compete with one another on a daily basis to dominate the real estate market. Many of these companies are already well-established and present a huge challenge to people who are starting out in the real estate industry. Branding is what allows companies to differentiate themselves from one another and consistently attract new clients.
For anyone considering relocating or wondering how their local housing market compares, here is a look at the best real estate markets for sustainability and growth.
A recent study of home value trends over a 25-year period between 1994 and 2018, produced some surprising results about the nation’s housing markets.
The top three housing markets are Boulder, Colorado; Midland, Texas; and Austin – Round Rock – Midland, Texas.
San Francisco, San Mateo, and Redwood City California tie for the grea...
Homeowners in the United States filled out the most applications to refinance their home loans in three years during the week ending Aug. 16. Interest rates on 30-year fixed-rate mortgages fell to an average of 3.90 percent, which is at the lowest levels in two and a half years. However, mortgage applications as a whole fell as fewer Americans applied for mortgages to purchase homes.
Commercial real estate is a very lucrative field. There’s always a demand for commercial real estate. But commercial real estate is more than that. It’s also a dynamic field that’s always changing. There are also always opportunities to build new supply, or re-make aging spaces. This is a field that’s a great fit for anyone with vision and drive.
There are plenty of ways to get in on commercial real estate. People can buy shares in commercial real estate companies.
Buying a house is a big part of the American dream. Young adults are frequently in a hurry to buy a house before they have other parts of their financial houses in order. A home can be a great asset, but it can also be a major liability. Here are some regrets that are common among first-time home buyers.
Commercial real estate is fast becoming a popular investment tool for average Americans trying to build their retirement nest egg. What was once reserved for institutional investors or the ultra-wealthy, commercial real estate is now a realistic investment option for those who think it is out of their reach. Here is a look at the state of today’s commercial real estate investment environment.
If you’ve done some flying recently, you may have realized how cramped conditions have gotten up in the skies. No, I’m not talking about all the UFO sightings reported recently, but about the diminishing amounts of legroom afforded to Economy class fliers in recent years. With a standard of 30 inches or less of pitch, the industry term for the amount of space between your seat and the one in front, it’s almost impossible to find an airline where you can enjoy flying in comfort.
Selling a home isn’t as simple or as lucrative as most first time homeowners expect. In fact, you may still owe on your mortgage, which means you won’t keep everything you do make on the sale of the house. If it’s a buyer’s market, you may also be forced to sell your home for a price that’s below market value. On top of these concerns, you’ll be faced with more closing costs that can take a bite out of the profit you expect to earn.
Real estate is an established staple in the investment income arena. Buying and owning property, however, has caveats. Substantial upfront costs and ownership responsibilities offset the potential for passive income. Real estate investment trusts (REITs) are financial instruments that make real estate investing obtainable and appealing. These instruments are publicly traded shares in real estate portfolios offering high yields.