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Archive for September, 2005Great, I’ll take ten of themThere is still money to be made in real estate, apparently. This investor put down $100,000 for nine condos, made some renovations, then sold off some of them, for a pretty-quick 100% return. 1031 Exchanges are good for Boston real estate investorsEven small investors should consider doing a 1031 exchange, whereby you sell one investment property and immediately put the proceeds toward another investment property. You benefit, because you only pay taxes when you finally stop buying new properties…hopefully sometime way down the line, when you’re old. By Vivian Marino, The New York Times Higher housing inventory gives Boston buyers a chance to negotiateThe Boston Herald continues its nine-hundred part series on the "housing bubble", with this past week’s story about high inventory levels in the city. Spending a million dollars to live in East Boston�Welcome to my million dollar home … in Somerville. Weekly Boston Real Estate Sales & Listings Update, September 23, 2005Below is a report of sales and listing activity for the past week. Information is derived from LINK, the online database that is used by most Boston real estate agents. How do we live?As you may have read in the gossip columns, I am selling my condo. |