Doug Stevenson Bowdoinham, Maine’s Blog
Build-to-Rent Communities: The Future of Suburban Real Estate?
What Are Build-to-Rent CommunitiesBuild-to-rent (BTR) communities are purpose-built neighborhoods where all homes are constructed with the specific intent of being rented out, not sold. These single-family rental communities offer a hybrid between traditional...
Zoning Laws Demystified: How Local Regulations Impact Your Investment Strategy
Understanding the Basics of ZoningZoning laws are local regulations that govern how land can be used in different geographic areas. They classify areas into zones such as residential, commercial, industrial, and mixed-use, and outline what types of buildings and...
Understanding Cap Rates: A Beginner’s Guide to Real Estate Returns
If you're new to real estate investing, you've likely come across the term “cap rate.” Short for capitalization rate, the cap rate is one of the most commonly used metrics to evaluate the potential return on an investment property. But what exactly is it, and how can...
Off-Market Deals: Hidden Opportunities Most Investors Overlook
In the competitive world of real estate investing, finding a great deal can feel like chasing a moving target. Properties listed on the Multiple Listing Service (MLS) are visible to everyone—buyers, brokers, and institutional investors—which drives up competition and...
First-Time Landlord? Here’s What No One Tells You About Managing Rental Property
Becoming a landlord might sound like a passive path to financial freedom—collecting monthly rent checks while your property appreciates in value. But ask any experienced landlord, and they'll tell you the truth: managing a rental property is far from hands-off. It’s...
Smart Homes, Smart Investments: Are Tech-Enabled Properties Worth the Premium?
As technology becomes more deeply integrated into everyday life, the real estate market is following suit. Smart homes—properties equipped with connected devices that control lighting, climate, security, and even appliances—are becoming increasingly popular. For...
The Hidden Costs of Homeownership: What First-Time Buyers Should Know
Buying a home is a major milestone, often accompanied by excitement and a sense of accomplishment. However, many first-time buyers underestimate the full cost of homeownership. Beyond the mortgage payments, a variety of hidden expenses can quickly add up, potentially...
Flipping Houses vs. Long-Term Rentals: Which Real Estate Strategy is More Profitable?
Real estate has long been a favored investment avenue, offering various ways to build wealth. Two of the most popular strategies are flipping houses and owning long-term rental properties. While both can be lucrative, they come with distinct risks, rewards, and...
The Role of Location in Property Value: What Makes a Neighborhood Desirable?
When it comes to real estate investing, location is one of the most critical factors influencing property value. A desirable neighborhood can significantly impact both the appreciation potential and rental demand of a property. Understanding what makes a location...
Real Estate Investing in a High-Interest Rate Environment: Strategies for Success
Interest rates play a crucial role in real estate investing, influencing mortgage costs, property values, and overall market dynamics. When interest rates rise, borrowing becomes more expensive, reducing affordability for buyers and impacting investor returns....