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| Other Tips:
Commercial Store Fronts in the Spring Rentals and Sales Shortage Causing Bidding Wars! |
This Week's Tip:
RINGO REALTY…about your neighborhood Do The Numbers Work? Savvy real estate investors know the rules to a good investment. Balance the equation of good location and determine if your purchase is a short term goal or a long term holding, then understand your expenses on the property and evaluate the income potential of a property and don't forget about a vacancy factor (not much in Boston!). There are many ways to determine your (ROI) Return on Investment; (GRM) Gross Rent Multiplier, (GIM) Gross Income Multiplier; (CAP) Capitalization Rate. It's confusing for the first time investor and a lot of times even for the intermediate investor. Sit down with one of our investment specialists and we'll find one where the numbers work for you. Or if you're shopping at home, for an educational real estate shopping experience, or for a no obligation on the marketing of your home or building in the Greater Boston and South Shore areas, areas "Ring us at 617-738-Ringo (7464) and Start Packing!" or visit us at www.ringorealty.com or stop by at 1423 Beacon Street in Coolidge Corner. |
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Our Featured Property for Sale Panoramic views of the Pru and Cambridge from your private balcony await you in this colossal, well laid out 2 bed, 1.5 bath abode! 1190 square feet, fabulous Allston location, one deeded parking space, close to public transportation. $257,000. |
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