Author: Baris BERK | Page 26

Tips on Buying Real Estate with your IRA in Massachusetts – Ephesus LLC

December 28, 2021

While most people understand that real estate is an investment, many people are taking advantage of the qualified retirement accounts to purchase real estate as an appreciating or revenue-generating instrument like IRAs. It’s really important to understand the tax implications, legal ramifications, and various other intricacies of purchasing Massachusetts real estate within your IRA. So, let’s dive into … Continued

Want to Sell Your House for the Most Money in Massachusetts? Don’t Do These 5 Things

December 28, 2021

By Baris BERK

For first-time sellers (and sometimes even for veterans), selling a home can be an overwhelming, emotionally draining undertaking. If, however, you avoid certain things, you’ll be far more likely to sell your house for the most money in Massachusetts. Skirt the five pitfalls described below, and you just might sell your house for the most … Continued

Why You Need To Stage Your House in Massachusetts

December 28, 2021

By Baris BERK

You’ve heard it time and time again: you need to stage your home before trying to sell it, and you probably need professional staging. But does it really make that much difference? And at a cost of up to $2,000, is it really worth the price. In a word: Yes. Here are four solid reasons … Continued

5 Things That Can Go Wrong When Selling Your House the Traditional Way in Massachusetts

December 27, 2021

By Baris BERK

Stick a sign in the yard and wait for the phone to ring! If only it were that simple. Once you’ve gone through listing your home on the market in the traditional manner, you understand that the reality is quite another picture altogether. Read on to discover five things that can go wrong when selling … Continued

5 Property Management Mistakes Massachusetts Investors Often Make

December 27, 2021

By Baris BERK

Property management matters from the selection of tenants and all that follows. The best location and building in the world won’t overcome the cost of poor management; when tenant complaints are ignored, as a rule, it can become troublesome. Leaving unresolved tenants and management can also lead to non-payment of rent in protest of poor … Continued

4 Home Appraisal Stories You Need to Stop Believing in Massachusetts

December 21, 2021

By Baris BERK

Whether you are a home buyer or seller, an appraisal is a key part of the whole process. And in many cases, a real estate valuation, an appraisal, seems to be purely arbitrary and overly complicated. Fundamentally, though, an appraisal is data-driven: it is simply an opinion about a home’s value derived from similar-housing data … Continued

Self Directed 401k Real Estate Investing In Massachusetts – Frequently Asked Questions

December 21, 2021

By Baris BERK

Most people think about investing in real estate in their personal name or holding it inside an investment company (such as an LLC). But many people are discovering that there are other options, including self directed 401k real estate investing. That’s right, you can hold real estate in your self-directed 401k. It’s a powerful way … Continued

How to Know if You Should Sell Your House in Massachusetts or Refinance

December 20, 2021

By Baris BERK

Many factors come into play when homeowners determine the best course of action to take with such a significant financial transaction as selling or refinancing your home. The decisions you make today will have a substantial impact on your overall financial health in the future, so take the time to consider all the particulars of … Continued

5 Things You Can do to Keep Good Tenants in Massachusetts

December 20, 2021

By Baris BERK

Please don’t go! With happier tenants overall, your turnover rates will be lower than the average in Massachusetts, and your income will be steady and reliable, making you a happy landlord. And once you have gone through the trouble of a thorough screening process and have located exceptional tenants, you simply will not want them … Continued

5 Reasons Why You Should Choose a Direct Sale Instead of a Massachusetts FSBO Listing

December 13, 2021

By Baris BERK

When it’s time to put your home on the market, the proceeds on the sale are one of the first things that come to mind, quickly followed by a reluctance to share your hard-earned money with a real estate agent. As an alternative, homeowners like you attempt to list their own homes on the market … Continued

What to do if Your Tenants Cause Damage to Your Massachusetts Rental Property

December 13, 2021

By Baris BERK

There is a great deal to learn about the real estate investment business. While everything can look great about your investment property on paper, dealing with people is not so cut and dried as working with numbers. Whatever you do, do not skip any step in screening tenants, especially checking references and contacting previous landlords. … Continued

5 Tips to Help You Pay Cash for Your Investment Property in Massachusetts

April 7, 2021

By Baris BERK

While you may believe you are in no position financially to invest in another property, there are several creative ways to achieve the American dream of homeownership. The ultimate in buying is the ability to pay cash for the real estate transaction, saving time, trouble, and interest. Cash buyers stand out among other offers and … Continued

5 Things You Should Know About Buying Real Estate in Massachusetts With Your Friends

March 31, 2021

By Baris BERK

Often, friends decide to combine funds for more investing power in real estate. More hands make a task more manageable, especially when putting money towards investments. With the added buying power, you can invest in a better property and more superior area, adding additional value through the long-term equity this helps to build. But first, … Continued

How Ephesus LLC Can Help You In Ways Other Massachusetts Real Estate Agents Can’t

March 31, 2021

By Baris BERK

As technology has advanced, so too have buyers who now utilize technology to do most of their research online for their real estate transactions, from the initial home search and everything in-between. While there will always be a need for a real estate agent’s services, brokerages have evolved today into a new sales alternative, known … Continued

How to Make Money Buying Notes in Massachusetts

March 31, 2021

By Baris BERK

You may have had a mortgage with a lender and then received notification that you will be making payments to a different lender. This change of payment notification means your lender sold the note on your mortgage on the secondary mortgage market. Your originating lender bundled your mortgage note in with others and sold them, … Continued