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Feature Article #1

Real Estate Investing and the Mob Mentality

A friend of mine sent me a copy of the Property section of the South China Morning Post during a recent business trip. It seems there’s no end to the abuse the US real estate market is getting in the press, ALL the press. Click on this link to see what’s being said overseas. Chinese [...]

Brecht Palombo | June 10th, 2008 | Continued

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Feature Article #2

How to Buy Real Estate With Your IRA

I was at a seminar yesterday about investing in real estate (and other alternative IRA investments) with your IRA. Most investors or would-be investors don’t know that you can do this, and those that do know about it for the most part think its something new. Real estate investing with your IRA has been possible [...]

Brecht Palombo | May 7th, 2008 | Continued

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Feature Article #3

Bad Loans Piling Up at Local Banks

Last week I reported that Massachusetts’ banks are realizing growing default balances in their loan portfolios. This week the BBJ is reporting the same.
On Friday I was contacted by a guy in the industry whom I met at a number of the larger auctions we’ve held over the last year or so. He is in [...]

Brecht Palombo | May 5th, 2008 | Continued

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Feature Article #4

Apartment Rents Are on the Rise

You heard it here first folks. Back on September 7th 2007 I reported that we’d be seeing rents on the rise
“There is a flight to rentals in a big way right now. You get foreclosed on, you go rent. You just got out of college and barely have a job, you rent. You had [...]

Brecht Palombo | April 30th, 2008 | Continued

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Feature Article #5

How to Get More Income From Your Investment Property This Year

Maximizing your NET income is the name of the game when it comes to income property, isn’t it? There are however two numbers to look at when we’re talking NET - these are the before tax and the after tax numbers.
Taxes have a significant impact on the real dollars in one’s pocket, and minimizing the [...]

Brecht Palombo | April 29th, 2008 | Continued

About this Site

Brecht Palombo
President, Principal Broker, Auctioneer MA, NH, CT
Brian Foley Esq. JD, CFP
Estate Planning Wealth Management and Professional Services Liaison
Lance Tindall
Associate, Licensed Agent MA

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Other Recent Articles

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Bigger Multifamily Properties Hit the Block

It seems default is creeping out of the residential sector and we’re seeing it in some larger multis. This month we are quarterbacking the sale of 20 units in a bankruptcy auction in Cambridge Massachusetts. This is a Tranzon Auction Properties Deal (you might know I represent Tranzon in southern New England).I also saw that [...]

16Jun2008 | Brecht Palombo | 0 comments | Continued
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Shutting Down a Sale

There were at least two fairly major auctions that I know of that were shut down for lack of bidders this past weekend. The first was Peabody Crossing, and the second was The Modern in Boston’s South End.
Both of these sales were promoted with campaigns that have seemed to become the “norm” in condo liquidations. [...]

22May2008 | Brecht Palombo | 0 comments | Continued