The Northeastern market remains competitive in 2020. As with every other U.S. city, Portland, Maine, entered summer 2020 pulled in many directions. Fortunately for Portland, as the most populous city in Maine with just over 66,000 residents (according to 2019 U.S. Census estimates), some of the tension in the market has been due to a competitive housing market and an economy that’s tentatively recovering. That economy, which has historically relied
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E-closings are likely here to stay, so make sure you understand how they can be used. Typically, the closing process includes a variety of inperson tasks, culminating in the actual signing ceremony. To help keep real estate transactions moving forward during the coronavirus pandemic, the closing and title world had to consider alternatives to traditional inperson closings. E-closing seemed like a reasonable option during a time of physical distancing. States
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I was born outside of Chicago, but I spent most of my youth living between Argentina, Brazil and California. It was my time in Argentina, living with my grandparents, I remember the most. My grandfather was a bricklayer. He spent his life building homes and buildings all over Argentina. He was an amazing man. When he retired, he didn’t stop. There was always a project at the house, and he
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This simple technique is an affordable and easy option for updating older homes. Most people tend to look at repairs as do-it-yourself projects, especially when DIY is the most cost-effective approach to achieving a certain look. Updating interiors and exteriors is a common strategy for ridding the dated look of an older home or for spicing up a newer home. One simple way to achieve this appeal is by using
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Who manages your investment properties is important to your insurance company. One of the first questions any real estate investor should be able to answer is, “How am I going to manage my property(ies)?” The answer is important for many reasons. It’s also important to someone you may not have thought of: your insurance company. Some investors handle their own property management and others hire a third-party company. The important
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How to work with your property manager on an “asset management” approach that drives overall value Entrusting the management of your investment portfolio to a property management company should take only a little work on your part, especially if you are looking for traditional basic services. Traditionally, a property manager focuses on maintaining the property, managing the terms of the lease, handling tenant issues and collecting the rent. Most investors
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