Medway/Millis July 2016
Medway/Millis July 2016
Medway/Millis July 2016
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Page 30 Local Town Pages www.millismedwaynews.com <strong>July</strong> <strong>2016</strong><br />
Run Your Ads & Inserts With Us!<br />
Call Lori Koller (508) 934-9608<br />
Things to Consider Before Buying<br />
an Investment Property<br />
Real estate can be an incredibly<br />
fruitful investment. Buying<br />
a property at the right time can<br />
provide investors with a substantial<br />
return when they decide to<br />
sell, and that opportunity compels<br />
many men and women to<br />
consider investing in real estate.<br />
While there’s no denying real<br />
estate can yield a great return on<br />
buyers’ initial investments, there’s<br />
more to making money in real estate<br />
than simply buying a property<br />
and waiting for its value to rise.<br />
Buyers who are thinking of investing<br />
in real estate should consider a<br />
host of factors before purchasing<br />
an investment property.<br />
Price trends<br />
Recent sale activity in a given<br />
town or neighborhood is something<br />
prospective real estate<br />
investors should study before<br />
buying an investment property.<br />
Would-be real estate investors<br />
can explore real estate websites<br />
such as Zillow.com for recent sale<br />
information, which may also be<br />
available through local government<br />
agencies. Such data can be<br />
invaluable, showing potential investors<br />
which neighborhoods are<br />
in demand and which may be in<br />
decline.<br />
Taxes<br />
Investment properties are not<br />
eligible for as many tax benefits<br />
as primary residences. However,<br />
landlords can write off repairs,<br />
management costs and other fees<br />
associated with rental properties.<br />
But it’s not just their own tax<br />
bill prospective investors should<br />
consider before buying an investment<br />
property. Many potential<br />
buyers down the road may prefer<br />
a property in an area where<br />
property taxes are relatively low,<br />
so even if you can afford the tax<br />
on the investment property, you<br />
may find buyers are unwilling to<br />
assume that burden when you<br />
put the property up for sale in<br />
the future.<br />
Location<br />
Prospective real estate investors<br />
no doubt know the value<br />
of location with regard to real<br />
estate, but if you can’t afford to<br />
buy in a neighborhood that’s currently<br />
hot, that does not necessarily<br />
mean you can’t still capitalize<br />
on that area’s popularity. When a<br />
town becomes popular, its property<br />
values rise, and many buyers<br />
find themselves just barely priced<br />
BUYING<br />
continued on page 31<br />
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EXCEPTIONAL REAL ESTATE SERVICE SINCE 1963<br />
Tanya Vecchione Joins Berkshire Hathaway<br />
HomeServices Page Realty<br />
MEDWAY – Tanya Vecchione has<br />
joined Berkshire Hathaway Home<br />
Services Page Realty’s <strong>Medway</strong><br />
office. Paul Rao, broker of the<br />
fifty-three year old real estate firm,<br />
made the announcement. “Tanya<br />
is a terrific addition to our talented group,” said<br />
Rao. “She’s very personable and works hard.<br />
She seems to have a natural grasp for this<br />
business.” Tanya will soon be a member of<br />
the Greater Boston Real Estate Board.<br />
She was graduated from Montrose School in<br />
1992, the University of Delaware in 1996, and<br />
Lesley University in 1999, where she earned a<br />
master’s degree. In addition to her real estate<br />
career, Tanya is an active hiker and gardener.<br />
She lives in Holliston with her husband, daughter,<br />
and dog. She is excited about her new career<br />
and welcomes the opportunity to earn your<br />
business. She may be reached at the company’s<br />
See detailed listings with photos<br />
and virtual tours at our website<br />
BHHSPageRealty.com<br />
Connect with us at facebook.com/BHHSPageRealty<br />
<strong>Medway</strong> office at 508-533-5122 or directly at<br />
508-816-3850.<br />
When you sell your home<br />
with BHHS Page Realty<br />
CALL FOR DETAILS<br />
* Not to be combined with any other offer<br />
508.533.5122<br />
82 Holliston St, <strong>Medway</strong><br />
©2014 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC.
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