Tag Archives for " investment "
Do you know the Fair Market value of your rental or investment property? When you purchase rental real estate in Southern NH, the first thing you need to decide is what you’ll charge someone to occupy your property. The rental value of each unit will help determine if it is a sound investment.
Image by OpenClipart-Vectors from Pixabay
How will you make that decision? Most people check out other Southern NH rentals and see what homes or apartments of a similar size are renting for, but that really isn’t going to tell you all you need to know either. Unless you’ve seen both the interior and exterior of all the Southern NH properties for rent, you don’t know how their condition and location compare to yours. Of course condition and location play an important role in how much a tenant will pay to rent your Southern New Hampshire property. Fair market value rent will also depend on a few other factors. Will you as the landlord furnish the appliances? Will the tenants have their own laundry facilities? What will be included in the rent: heat, hot water, sewer, electric, cable, and garbage collection? How much parking is there for each unit? What are all the costs associated with the rental?
The result of not knowing the going rate for other comparable properties in Southern NH is that landlords simply have to guess, and hope for the best answer. Oddly enough, we’ve found that some Southern NH property owners charge a lower rent to their tenant than necessary when they have been long term tenants. When we take over the management of a rental property, we are generally able to raise the tenant’s rent enough to more than cover our management fees. In addition, we’ve found that tenants who pay a little more for rent are usually more responsible and keep your property in better condition than tenants who pay less.
Will you have the tenant fill out an application? Do you know how to verify their employment, references and credit? How will you know if the tenant gives you valid references for their previous landlords? Harmony Real Estate can handle all the details for you and make sure that their references are valid to make sure they will be a good fit for your rental property. This will remove as much doubt as possible to know if they will be good tenants.
Another piece of the puzzle is the lease agreement. Do you have a lease in place to protect you from unforeseen issues? Can you charge the tenant a late fee if they don’t pay on time? How will you address the issue with the tenant if they don’t pay? Is everything addressed on your lease? Do you have an insurance clause for fire damage? Do you have incidentals costs?
If you would like to know the fair market value of your rental give our agents a call. We would love to assist you with your real estate needs.
If you would like to know more about fair market value and explore how Harmony Real Estate can help increase the cash flow on your Southern NH investment rental property, give our agents a call at (603) 883-8840 to discuss your investment property. We would be happy to explain our service, our procedures and our fees and take the hassle out of your Southern NH investment property management.
Managing your Southern NH investment property is not always easy, but with our help we can make it less stressful. Visit our website www.Harmony-RE.com for more tips to prepare your Hudson NH house for sale.
If you are thinking of buying or selling a Southern NH investment property, give our agents a call and we can discuss your options. Call Harmony Real Estate at (603) 883-8840 for more information today! We would love to help you with all your home buying and selling goals. We are the agency in tune with your real estate needs!
25 Cross St Nashua NH 03060
Downtown Nashua NH 2 Family with a 5 Car Garage
Are you looking for a move-in ready Multi-Family unit? Are you looking for an owner occupied investment opportunity? Are you searching for an investment where you can rent out the building and not live there? If so, this is the 2 family for you! It has the potential to be an investment or an owner occupied unit.
This Nashua NH Multi-Family features 2 units up and down. Each unit has 2/3 bedrooms, a porch, a full bathroom, some hardwood flooring, and there is a full walk-out basement for additional storage. With 1,980 square feet of interior living space this 2 family sits on .12 acre near Downtown Nashua NH. Enjoy the conveniences downtown has to offer!
The exterior has been beautifully landscaped with perennial gardens leading up the driveway to the garage. This setups gives great curb appeal from the road.
This multi-family has several recent updates to include a new roof on the house and a new metal roof on the garage. There's no need to worry about replacing either roof any time soon.
The second floor unit was updated with new flooring and well maintained as an owner occupied unit for the last 2 1/2 years. The boiler was installed 2 years ago. There bathroom on the second floor has been updated and is ready to move-in. The first floor just needs some cosmetic updating.
The interior of the second floor is move-in ready waiting for you! The interior of the first floor is waiting for some cosmetic touches to update it.
This Downtown Multi-Family is Conveniently Located
This Downtown Nashua 2 Family is conveniently located close to entertainment, shopping, highways and more. It is ideally located within walking distance to downtown which offers several Restaurants, Bars, Shopping, Public Transportation, and a Supermarket. This Downtown Nashua NH 2 family for sale is close to all these amenities of the city.
The multi-family is located approximately 5 minutes from Exit 5 in Nashua NH and about 7 minutes from Exit 2 on Route 3 in Hudson NH for commuters. In addition, the Pheasant lane Mall is only about a 10 minute drive away in South Nashua for even more shopping fun.
Local schools and the library are also located within a few miles radius of this home.
This beautiful Cross St Multi-Family in Nashua NH is located within a 30 minute drive to Manchester and within a hour from Boston MA for those looking to commute. Nashua has public access to pools in the summer for residents to enjoy swimming. Greeley Park is also only a couple minutes away with mature landscaping, trails, a kiddie pool, a playground, a stage pavilion and more. There are several events hosted at Greeley Park during the year to include Festivals, Walk-Athons, Senior Outings, Concerts and more.
Open Concept Living in this Downtown Nashua Multi-Family
The first floor opens into the eat-in kitchen and pantry area from the side porch. The living room is just off of the kitchen and currently the room off the living room is being used as another bedroom. There are two other ample sized bedrooms off of the eat-in kitchen. There is basement access through a door in the kitchen leading to more storage space.
The second floor has a similar layout to the first floor. The stairs from the side porch lead up tot he unit and open into the eat-in kitchen and pantry area. The living room is just off of the kitchen and currently the room off the living room is being used as an extension of the living room. However, it could be used as another bedroom, a den, a dining room, and there are plenty of other potential uses depending on your need. There are two other ample sized bedrooms off of the eat-in kitchen. There is basement access at the bottom of the side stairs leading to more storage space.
Enjoy a relaxing night in this Downtown Nashua multi-family's bedrooms
There are a total of 2/3 Bedrooms in each of the two Units of this Downtown multi-family for sale located at 25 Cross St Nashua NH. The units have similar layouts. The first and the second floor units both have 2/3 bedrooms. The carpeting was replaced about 2 1/2 years ago in all the bedrooms on the second floor.
The Master Bedroom is ample sized to accommodate a King sized bed and several bureaus. Tenants will enjoy relaxing in their new apartment or you can reap the benefits of letting a tenant help pay your rent.
A full walk-out basement adds more storage
Aside from it’s convenient location, one of the best things about this home is the large basement. There is ample room for storage for personal use or for you and your tenants.
Take several steps down from the side porch to the large basement which has many potential uses. The basement could be separated into two or more different sections which could be utilized in many different ways.
There are many potential uses for the area depending on your need.
Enjoy all of your garage space
The 5 car detached garage has a new metal roof which will last a long time! It has the potential to be used for personal use or as a further investment by renting out the bays.
The whole house 25 Cross Street Nashua NH consists of ten rooms, 2 porches, 5 bedrooms (potentially 6 bedrooms) and 2 baths. It is located on a .12 acre landscaped lot with a large 5 car detached garage. There is a long paved driveway with 6+ car parking leading to the garage. The taxes for 2016 are $5,636. The current 2016 tax rate for Nashua, NH is $25.07 per thousand dollars of assessed property value.
Enjoy all the amenities of this Downtown Nashua NH 2 Family for only $299,900. Call (603) 883-8840 today to schedule a showing with one of our qualified agents.
Below are some interior and exterior photos of the home. Call or email to take a look at this beautiful Hudson home for sale.
Are you new to the Downtown Nashua, New Hampshire area? Are you considering this a place you might want to call home? Do you want to learn more about Downtown Nashua, New Hampshire? If you’re interested in learning more about Downtown Nashua, NH as a town give me a call or send me an email. We would be happy to answer any questions that you have.
25 Cross St, Nashua NH 03060 Map
If you are thinking of buying or selling a home in Downtown Nashua, NH give us a call and we can discuss your options. Call Harmony Real Estate at (603) 883-8840 for more information or to take a look at this beautiful home today! Visit our website at http://www.Harmony-RE.com for more information.
There can be challenges when it comes time to sell your fixer upper house. It can be more challenging to sell a home that needs a lot of work or updating, than a home that is in good repair. Most buyers want homes that have modern kitchens, spacious master bedrooms and updated bathrooms. Fixer uppers rarely have such amenities and need work.
The buyer will either need to have the time and be handy or have the extra money to pay to have the work completed. The key to successfully selling your fixer upper lies in reaching the right audience. With the right real estate agent this task will be much easier to accomplish.
Here are some tips on how to sell your fixer upper in South Hudson, New Hampshire:
1. Find a good agent to help you sell your South Hudson NH house. You can interview a few and decide who is the best fit. Make sure you ask your agent if they’ve sold houses that have needed to be fixed up before. The more experience they have, the easier it will be to sell your fixer upper.
2. Make sure you set a good price to sell your house, especially if it needs a lot of work. You don’t want it to be too high or buyers may pass it up. Your real estate agent will be able to help you set the best price to sell your home at. You want a South Hudson NH agent who will be able to guide you in the right direction and set the best price for your home.
3. Be honest about the flaws in your South Hudson NH house when you are selling. Disclosure is always in your best interest because if a buyer finds out about it after the fact they will want more off the price of the home. Your house may be subject to a home inspection before the sale is completed. So it is in your best interest to be clear about any repairs or maintenance from the onset that need to be taken care of so the buyers don't ask for further discounts.
4. Include headlines with your ads such as “Handyman Special”, “Big Savings For Handy Homeowners”, “A Diamond in the Rough”, “Beautiful Home for a Bargain” or other references to that explain that the home needs work. People want to know what they are getting into. If it’s just cosmetic work make sure to have your information worded properly.
5. If there is something wonderful about your house that you love, be sure to highlight that when you are selling. It might be a good reason for a buyer to love as well. Do you have acres of land, or a large basement that can be renovated to make a larger living space? Be sure to let potential buyers know this important information. That small muddy stream in the back yard that you love, or the giant birch tree that you sit under in the summer to get some shade, the location, or anything else you might love. Someone else is bound to fall in love with the same things as you!
6. Property investors and contractors can be possible buyers for your fixer upper homes. They can buy the house for the bargain price you sell it for, fix it, and then use it as a way to make a profit by renting it out, or reselling it after they finish the work that it needs. You may even want to highlight the investment potential when placing ads about selling your house.
If you are looking to buy or sell your fixer upper house for sale in South Hudson give Harmony Real Estate a call at (603) 883-8840 or visit our website at www.Harmony-RE.com. Our experienced agents would love to find you a great investment!