Written by Joan
Insights and Stories on Real Estate
Part 2: How to remove a flood determination
The aftermath of a flood determination. How to apply for flood determination removal with FEMA, what documents to submit and how long did the process take? This is Part 2 of “What to do when your property is suddenly in a flood zone”.
Part 1: What to do when your property is suddenly in a flood zone
The owners of the property had no need for flood insurance. Our offer to purchase was accepted; loan application’s started, then BAM! - flood checks reveal that the property is in a flood zone. Now what? The process of seeking answers was a nightmare that my poor buyer and I went through. Here’s sharing our experiences so that you don’t have to.
Jan - May 2020: A graphical look at MA real estate before Phase 1 reopening
A week-by-week graphical look at Sellers’ and Buyers’ behavior in Middlesex County, MA. A look into the effect of Massachusetts’ stay-home-advisory on real estate and the lead up to phase 1 reopening.
Video: The House That Almost Got This Investor Flipped!
Buying a house AS IS is a risk that regular homebuyers wouldn’t undertake; but as for real estate investors, it’s often leverage used to have their offer on an off-market home successfully accepted. Find out what surprises this real estate investor discovered since his purchase of 312 Prospect St in Cambridge!
Real Estate Market Pulse: On Capital Flow, Housing Discounts and Buyer Profile
An update on the Boston real estate market 1.5 months after MA has issued the stay-at-home advisory. Tightened credit for Buyers, home sale prices that may dip but are unlikely to crash, and home purchases driven by Millennials for years to come.
Real Estate Market Pulse: The Beginning of a Buyers’ Market?
COVID-19 would be the start of a turning point in what was one of the best years for MA real estate. These are some ground-up insights on the real estate market, and practices Sellers and Buyers should adopt post Massachusetts’ declared state of emergency on March 10, 2020.
MA Buyers to assume smoke and carbon monoxide inspections
An Order permitting a temporary conditional deferral of smoke and carbon monoxide inspections has been signed. Read the Order, and understand what it means for Buyers and Sellers.
10 Public high schools near Boxborough that I watch
No surprises there, real estate prices are closely correlated to the performance of public schools. Surrounded by a high concentration of top schools, here are the 10 public high schools that I watch (stalk).
From the Rich Dad Radio Show: Find out what the top performing real estate investment is.
This is not an endorsement of Robert Kiyosaki, but this episode has some interesting perspectives on 7 types of real estate assets, including the one that made top of list: Senior housing! Get tips on running a successful senior housing business by guest speaker Victor Menasce.
Do you know your real estate? Differences between a single-family, condo and a multi-family property.
Single-family? Multi-family? Multi-family condo? Condo Townhouse? Wait.. or is it single-family townhouse. What about Rowhouse? This is for my clients and buyers, so you guys can stop googling. Complete with venn diagram.
Difference between an Agent, Broker, Realtor and Facilitator
Prior to our arrival in the US, my husband and I knew of only one term that would describe the business facilitating real estate transactions: Real Estate Agent. We were beyond confused when we got here and were bombarded by other terms like Broker, REALTOR® and Facilitator. To those experiencing the same, this one’s for you.
Price it right, at the right time.
In pricing a home, I’ve learnt to rely on two other metrics beyond comparable sales: the absorption rate and hot market factor. Look beyond general market sentiment and peer into more precise data. These help set expectations on the speed in which homes of a certain price range sell.
It's in the numbers: Buy and hold properties in MA (Part 3)
The buy and hold CAP rate formula is probably the most straightforward in real estate investment calculations because there are concrete numbers to back your evaluation. But what CAP rate should you expect? The golden phrase is that CAP rate is a function of risk, and what you want to do with your money.
What is a 40B affordable home?
A 40B project is a rare animal in the world of real estate. What is a 40B, how does one qualify to purchase, what are the pros and cons of buying such a property? Lucky me, I’m working on a 40B project now, so here’s sharing my insights.
It’s in the numbers: New construction homes in MA (Part 2)
New construction is not every investor’s cup of tea; but if you’re a home owner looking for a newer home, it should definitely be yours! Here’s sharing insights to the due diligence process of new construction. It’s daunting, but doable!
It's Boxborough, not Foxborough!
Boxborough. It’s south of Tyngsborough, north of Southborough, Westborough, Marlborough, and also, north of Northborough. It’s awesome; here are five reasons why I love it, and why you should consider living here too!
It’s in the numbers: Defining a deal (Part 1)
So you know real estate investing has good money to be made. Everyone talks about deals. Who are these investors, what kind of deals happen and why is this property not a deal?