Nelson Zide
ERA Key Realty Services | 508-277-7794 | nelson@nelsonzide.com


Posted by Nelson Zide on 2/26/2020

Image by Steve Buissinne from Pixabay

Real estate investing is a powerful way to build wealth, as investors can take advantage of rent payments, appreciation, tax deductions and leverage. Additionally, there are lots of properties to invest in. If you’re starting to explore real estate as an investment opportunity, here are five types of properties and why you might invest in each.

Single-Family Houses: Starter Investments

Many individuals first get into real estate investing with single-family homes. There are many of these for sale, and they tend to cost less than the other property types mentioned here. Whether you want to flip properties or rent them out, a single-family home lets you get into real estate at an affordable price and you can learn a lot from owning just one house.

Small Multi-Family Houses: Greater Cash Flow

Small multi-family houses are a natural step after owning a single-family home, for multi-family properties offer better cash flow while still remaining manageable. Many landlords who invest in small multi-family buildings that have two to five units manage these properties themselves (although you can always outsource to a property management company as well).

Apartment Complexes: Significant Income Potential

If you have the necessary financial resources, apartment complexes offer even greater income potential than small multi-family homes. The more units a complex has, the more people pay rent and the greater the potential revenue. Of course, this increased potential comes with additional challenges. Expect to maintain amenities and answer regular service calls if you get a sizeable apartment complex.

Vacation Homes: Dual-Purpose Income Properties

With the advent of peer-to-peer online platforms, vacation homes have become an increasingly popular type of investment property. These include lake houses, ski houses and ranches, as well as apartments and townhomes in cities that have regular short-term visitors. In short, anywhere there’s a campground or hotel, a vacation home might be viable.

Vacation homes are unique in that they focus on short-term rentals rather than long-term leases. While this means the place must be cleaned between each reservation, it also gives you the flexibility to block off times when friends or family want to use the place.

Commercial Properties: Sizeable Investment Potential

An alternative to residential properties, you can also invest in commercial properties. You may have to be an accredited investor (earn $250,000 annually or have a $1 million net worth) to get into commercial real estate. If you’re able to, though, these properties offer diversity and significant long-term potential.





Posted by Nelson Zide on 2/24/2020

This Condo in Natick, MA recently sold for $314,900. This Garden style home was sold by Nelson Zide - ERA Key Realty Services.


44 Silver Hill Ln, Natick, MA 01760

Condo

$314,900
Price
$314,900
Sale Price

5
Rooms
2
Beds
1
Baths
Absolutely stunning and totally renovated 2-bedroom condo in Natick Green! Gorgeous kitchen with new stainless steel appliances and granite countertops that sit atop KraftMaid cabinetry with the slow-close drawers and doors that we all love! This sought-after corner unit has been freshly painted with new flooring throughout. King-size master bedroom boasts huge double closet, second bedroom is of ample size as well. The bathroom features marble flooring with quartz countertop and houses the stacked washer and dryer. Want to sit outside? There is a slider leading to the balcony where you will also find a storage room. All new circuit breaker panel, heating system, and water tank. Truly move-in ready. This will not last!

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Tags: Natick   Real Estate   01760   Condo  
Categories: Sold Homes  


Posted by Nelson Zide on 2/21/2020

This Single-Family in Auburn, MA recently sold for $255,000. This Colonial,Garrison style home was sold by Nelson Zide - ERA Key Realty Services.


1 Old Farm Rd, Auburn, MA 01501

Single-Family

$275,000
Price
$255,000
Sale Price

7
Rooms
2
Beds
1/1
Full/Half Baths
Buyer's Financing Fell Thru. House appraised. Located on a corner lot, with a huge wrap-around deck in front and a two-level deck in the back. Beautiful flooring in the large front-to-back living/dining room with wood stove. Half bathroom has both new flooring and a new vanity. Kitchen has a stainless steel refrigerator and double-oven range, plenty of room for an oversized table, and leads to the deck. Second floor has all new carpeting and a large closet with built-in shelving and access to behind-the-wall storage. Beautiful new vanity atop new flooring. Master bedroom with walk-in closet and a door to store things behind the eaves. Second bedroom has great-sized double closet. The finished basement with family room with a walkout, a separate laundry room, and another room that can be an office, playroom, or possibly a third bedroom. Great location for commuting, shopping, and more. Brand new driveway. Owner will consider a rent w/long closing for $1750/month.

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Categories: Sold Homes  


Posted by Nelson Zide on 2/19/2020

A home listing often introduces a homebuyer to a residence. It may include home photos, a brief home description and details about various home features and amenities. As such, an effective home listing is a must-have, particularly for a home seller who wants to stir up plenty of interest in a residence.

Ultimately, there are several best practices to consider when you create a home listing, and these include:

1. Provide Accurate Information

Learn about your home, and you can provide accurate information about your residence in your home listing.

If you're unsure about your home's condition, it often pays to complete a home appraisal. That way, a property appraiser can evaluate your residence both inside and out, identify any problem areas and offer a property valuation.

Furthermore, if you recently completed assorted home improvements, you should include information about these upgrades in your home listing.

Whether it's new windows that you installed throughout your residence or an updated home air conditioning system, including details about various home upgrades in your home listing could help your residence stand out to potential buyers.

2. Include High-Quality Photos

You don't need to be a professional photographer to capture high-quality photos of your house. In fact, many smartphones and tablets feature first-rate cameras, and you can use these mobile devices to take photos of your house's interior or exterior.

As you photograph your home, remember the homebuyer's perspective. For instance, a homebuyer likely wants to see photos of a clean, pristine kitchen and other awe-inspiring images of your house. If you clean and declutter your house before a photo shoot, you can increase the likelihood that your home photos will capture homebuyers' attention.

On the other hand, if you want professional assistance, you can always reach out to a real estate photographer as well. A real estate photographer can offer home photo recommendations and suggestions and help you capture photos that show off the true size and beauty of your residence.

3. Collaborate with a Real Estate Agent

A real estate agent knows what it takes to craft an effective home listing. Therefore, if you collaborate with a real estate agent, you should have no trouble creating a home listing that hits the mark with homebuyers.

Typically, a real estate agent will meet with you, learn about your home selling goals and plan accordingly. He or she then will use the information that you provide to develop an engaging home listing.

With a real estate agent at your side, you can seamlessly navigate the home selling journey too.

For instance, a real estate agent will host open houses and set up home showings to promote your residence to homebuyers. Plus, he or she will keep you up to date about any home offers and provide expert advice at each stage of the home selling journey.

Creating an effective home listing may seem difficult. Fortunately, if you use the aforementioned best practices, you can craft a home listing that can help you generate substantial interest in your residence.




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Posted by Nelson Zide on 2/17/2020

This is a must-see 2-family house! Ideal place to live with family or living on the first floor and renting out the second floor. First floor has a great layout with high ceilings, 3 bedrooms, 1 bathroom that also houses the washer/dryer hookups, kitchen, and living/dining room combination. Second floor is set up as a townhouse with wood-beamed ceilings, 4 bedrooms and 2 bathrooms. The living room/dining room and kitchen both have rear decks/porches that lead to a terrific backyard with a gazebo, firepit, and play area. Full basement was previously finished and served as a fun and open space with a wet bar and half bath. Newer roof is approximately 8 years young, vinyl replacement windows approximately 12 years old, 2 heating systems and separate 100-amp circuit breakers recently updated. Show and sell!

More Info on this Property | New Listing Alerts




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