Boston's # 1 Real Estate Investors Association and Community
Boston REIA December Newsletter 2021
Perhaps Cognitive Dissonance Plays a Role in your Success M. Jane Garvey, December 2021
Have you made up your mind? Seriously, is your mind made up? You are a bit curious what I am asking about. It doesn’t matter what you have made your mind up about. The result is the same.
Making up our minds about something relieves that uncomfortable feeling of uncertainty. Weighing the alternatives, gathering more data, and comparing choices is challenging work. Making up our mind allows us to close the conversation in our minds and allows us to move forward. The unfortunate result is that once the conversation is closed, if we are nopenedpen to re-examining our conclusions, we risk missing opportunity, and we risk confidently heading down the wrong path.
Just Do IT. Let’s Make 2022 A momentous year!
Housing Market Forecast 2022: Will It Crash or Boom in 2022
November 25, 2021 by Marco Santarelli
Mortgage rates at record lows and a lack of available inventory are sustaining the US housing market’s demand. While affordability concerns continue to grow, low mortgage rates, increased savings, and a strengthening job market all contribute to making homeownership more accessible to a wide number of prospective buyers. However, will the housing market ever crash? Let’s look at the most current trends in 2021 and housing market predictions for 2022. Full Article
5 Steps To Take Care of Your Rental Property Heating System in Winter
Here are 5 steps to take care of your rental property heating system in winter and protect your investment and your tenants. Heating, Ventilation and Air conditioning experts explain the 5 key steps to help you take the best care of your rental property heating systems and avoid the headaches of unexpected emergencies! ARTICLE
How Do You Keep Tenants From Going Overboard with
Hanging Christmas lights is a holiday tradition for many people. If your renters want to hang their own Christmas lights on your rental house, should you let them? It’s a timely question and one that you should think about carefully before saying yes. With all of the things that can go wrong, there are cautions you should go over with your tenants first. Ask Landlord Hank Article
25% Discount for National REIA Members
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In addition to a 25% discount, NREIA members receive:
Unlimited access to properties nation wide
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The ability to contact the best local agents
It’s time to grow your real estate investing portfolio.
Charles Tassel, NREIA
The infrastructure bill has passed… Well, at least one infrastructure bill has passed. While there are several diverging points of view on the 60% of the bill not related to infrastructure, and additional rules and mandates including a plan to charge citizens for each mile they drive, the bill’s core is bridges & roads. The impetus for passage? Both sides of the aisle heard the nuances of the screaming public that they were tired of business as usual – who’s business and what’s “usual” are all up for interpretation.
Now efforts will turn to an early December deadline for a debt ceiling increase, as well as general budget reconciliation. Additionally, there will be renewed calls for the human infrastructure bill which has ranged in cost analysis from $6 trillion all the way down to $1.3 trillion. Sometimes with new revenue offsets, aka tax increases, and sometimes without.
For now, most of the tax increases have been set aside due to the reduced cost of the bill. Presently it is setting at somewhere between $1.5 and $2 trillion dollars. The reduction, and possibly complete elimination, of new taxes and tax increases can in some instances be attributed to grassroots efforts. One example would be Self-directed IRAs in which NREIA members weighed-in heavily with their Representatives about the downsides. With 1000’s of letters sent, the message was heard clearly. While this is no time to spike the proverbial ball, as the game is not over, at least this phase of concern seems to have passed. Stay tuned!
As a last bit of encouragement, and considering the bottom line, with electricity, natural gas, and propane significantly increasing in cost for the near and long-term future, now is an ideal time to take on energy efficiency projects that were pushed off.