The real estate market in Massachusetts is extremely competitive. As buyers look for ways to make their offer stand out from others, the use of escalation clauses is becoming more prevalent. Below, we take a look at escalation clauses for MA home purchases and the pros and cons from both buyer and … [Read more...]
Tips on Buying Your First Commercial Property
Real estate is a cornerstone of wealth and financial success. Most investors start off with multi-family properties and expand into larger commercial real estate investments. If you're ready to take the leap and expand your real estate portfolio, here are a few tips on buying your first commercial … [Read more...]
Massachusetts Legislative Bills Relating to Rent Escrows
Rent escrow laws are extremely important for landlords to understand. Massachusetts laws are very specific about the handling of escrowed funds and the penalties for failing to do so. Some of these laws may be changing based on bills currently up for review during the 2019-2020 legislative session. … [Read more...]
Importance of Requiring Renters Insurance for Tenants in Massachusetts
In the terms of leases offered to tenants, do you require that they purchase their own renters insurance policy? If not, you should! Below is a look at the importance of requiring renters insurance for tenants in Massachusetts. Reduces Landlord Liability There are many different types of incidents … [Read more...]
3 Important Landlord To-Do’s for New Tenants
When accepting a new tenant to one of your properties, there are certain things that you should and must do to protect your rights as a landlord in Massachusetts. Failing to do these can jeopardize your rights to evict or result in hefty court fines. Here are 3 important landlord to-do's for new … [Read more...]
