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Blog :: 01-2017

At Berkshire Property Agents, we take pride in the advice we provide our clients. Here you'll find a variety of content pertaining to real estate news and tips for home buyers and sellers. If you have questions or would like to learn more, please contact our team. We would love to hear from you!

Growing Your Investment: Benefits of Buying Real Estate

Are you interested in investing your money and getting a sizable return?

One of the best ways to do it is by purchasing property. Maintaining and updating an investment home allows you to see the value of your property grow, becoming more and more valuable over the years. There are a handful of ways to invest money – you can purchase everything from stocks and bonds to bars of gold – but real estate is one of the most popular and common investment options, especially since you can play a more active role in your investment and even use it to make additional income. Let’s look at a few of the main advantages of real estate investing.

Start Making Money on Your Investment Right Away

If you purchase a home or a condo as an investment property, you can start renting it out as soon as you want. This gives you a passive income stream – collecting rent from your tenants every month to help you pay off the full amount of the property, manage upkeep and invest in improvements. While it may take a little effort on your part every month to keep the property managed, you will, in essence, be using someone else’s money to fund your investment. This will pay off in a big way in the long run.

Making Improvements on Your Investment Property Can Increase Value

With stocks, bonds, gold and other investments, there isn’t a whole lot you can do to improve them. You’re more or less at the mercy of the stock market and other external factors. But with a real estate investment, you can make improvements that will increase the value of your investment very quickly. By putting a new kitchen or bathroom into an investment property, you can also see a large return right away, as these kinds of improvements can command a higher rent price.

Property Investments Don’t Require a Significant Amount of Cash Up Front

When you invest your money in stocks, bonds or other traditional investment options, you will typically need to put your money up at the beginning of the process so that it can be invested. You’re buying these tradable commodities, and that requires cash up front. That’s not usually the case when buying an investment property. While you do always have the option of paying for a property with cash, and you will need a significant balance for a down payment, there are many more financing options available when buying property, which means you can pay for your property over time while still growing your money for the future.

If you have considered purchasing a property as an investment, now is an excellent time to do it. Berkshire Property Agents has a large selection of properties available and our team would be happy to show some great options to you. Call us at 413-528-6800 today to schedule an appointment with one of our agents.

 

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    Winter in the Berkshires: Snow Much Fun!

    Anyone who has ever visited or lived in the Berkshires knows how exciting this area can be. There always seems to be something to do or see, especially in the winter. If you are thinking of visiting or moving to the area, then you will want to know what you are in for, take a look at just a few of the fun upcoming events and activities being held in the Berkshires this winter.

    10×10 Upstreet Arts Festival

    The citizens of the Berkshires are oozing with talent, and you can witness all of the artistic genius at the annual 10x10 Upstreet Arts Festival. This fantastic winter event gives visitors a dose of great music and theater. The event is held each year within the Upstreet Cultural District in Pittsfield, which is a great destination all by itself. Check it out this February, running from Feb. 16 to Feb. 26.

    Gain Some Knowledge at the Many Museums

    If you want to get out of the snow for a while, take some time to check out some of the stellar museums in the region. Some of our most popular destinations include the Norman Rockwell Museum, located in Stockbridge, and The Clark in Williamstown, boasting a rich selection of photographs, paintings, sculpture art and more from around the world. Spend some time indoors and check out these – or any of the region’s other museums – during the winter season.  

    Go Antiquing

    Antiquing has always been a popular pastime, but it has truly surged in recent years. Collectors of fine items from years gone by will get a kick out of the many antiquing opportunities that the Berkshires presents. The region is home to more than 50 antique shops and galleries that cover a broad range of periods and have a ton of neat and unique items that are just waiting to be found.

    Fun for the Children

    Of course, it is not only about the adults – kids need to have some engagement as well! Not to worry: There’s a slew of fun events and attractions for children of all ages. For a thrilling learning experience, you can take the family to the famous Museum of Animation and Special Effects, which is home to a real Academy Award and provides a fun opportunity for them to make their own animated movie. Younger kids will absolutely adore the Berkshire Carousel, a gorgeous wooden carousel which is in the heart of Pittsfield and features more than three dozen horses all carved by hand by supporters and members of the community in support of different causes and in different carousel styles. It’s truly a unique experience for young and old alike!

    Make it a Permanent Vacation with Berkshire Property Agents. 

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