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Page 26 <strong>Medway</strong> & <strong>Millis</strong> Local Town Pages www.localtownpages.com <strong>July</strong> <strong>2018</strong><br />
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Did You Know?<br />
Prospective real estate investors<br />
who hope to buy, hold and<br />
rent out their investment properties<br />
should first interview potential<br />
property managers before<br />
buying homes. While it’s possible<br />
to find property managers<br />
willing to manage single-family<br />
homes or duplexes, the financial<br />
resource Bankrate.com notes<br />
that many property managers<br />
prefer to manage large apartment<br />
complexes instead. Managing<br />
properties is hard work,<br />
and without skilled property<br />
managers on their side, real estate<br />
investors may become overwhelmed<br />
by the responsibilities<br />
of taking care of their real estate<br />
investments while simultaneously<br />
trying to maintain their own<br />
residences. Before buying investment<br />
properties, prospective real<br />
estate investors should interview<br />
various local property managers<br />
or property management firms,<br />
inquiring about their fees and<br />
what is included in those fees. If<br />
the cost of hiring property managers<br />
drastically cuts into the<br />
profits investors hoped to make<br />
off their investment properties,<br />
they might be better off looking<br />
to invest their money in areas<br />
other than real estate. Prospective<br />
investors can compare the<br />
potential return on investment<br />
after the cost of property managers<br />
has been factored in to the<br />
return they might get from more<br />
traditional investments to determine<br />
if investing in real estate is<br />
a sound financial decision.<br />
Our Ad & Editorial Deadline is the 15th of each month, for the following month’s issue.<br />
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DUMOUCHEL<br />
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Call | Text: 508-254-7406<br />
Linda-Dumouchel.com<br />
visit <strong>Medway</strong><strong>Millis</strong>Values.com<br />
*per mlspin<br />
Sale<br />
Pending!<br />
10 Alexsandria, <strong>Medway</strong> | 10Alexsandria.com<br />
Sale<br />
Pending<br />
37 Field Road, <strong>Medway</strong> | 37Field.com<br />
Sale<br />
Pending!<br />
7 Goldenrod Drive, <strong>Medway</strong> | 7Goldenrod.com<br />
Sale<br />
Pending<br />
4 Olde Surrey Lane, <strong>Medway</strong> | 4oldesurrey.com<br />
New<br />
Price!<br />
Sold!<br />
Sold!<br />
30 Stable Way, <strong>Medway</strong> | visit 30Stable.com<br />
10 Granite Street, <strong>Medway</strong> | 10Granite.com<br />
1 Castle Road, <strong>Medway</strong> | 1CastleRoad.com