Metrowest Real Estate - Zach Joress - Your MetroWest REALTOR

ASR Accredited:
I hold the Accredited Seller Representative designation by completing all the required course work and regularly upgrading my knowledge through continuing education classes offered by ASR. Like most ASR members, I am a full-time agent with a significant number of successfully closed transactions.

How do I select an investment property?
We will help you define your goals for real estate investing, including your needs for income, appreciation, and tax benefits, as well as your willingness and ability to manage the property yourself or, alternatively, to hire a property manager. Based on this careful analysis, we will then begin to identify properties that match these criteria. We will examine a property's financial performance using spreadsheets that allow us to plug in and evaluate various scenarios. Prior to purchasing any property, we suggest you meet with your tax advisor, and we also help you define a long term exit strategy based on your desired investment horizon or holding period.

What tax benefits or estate planning strategies are available?
Depending on your unique circumstances, a broad array of tax advantages may be available to you, including depreciation, personal residence tax exemptions, tax deferred exchanges (called 1031 exchanges or Starker exchanges), and certain write-offs. It may be possible for you to reposition your assets to better suit a change in your financial circumstances, or even to create new estate plans for your heirs, without any immediate tax liability. I would be happy to meet with you and your tax adviser to help you take advantage of these strategies.

What is a "cap rate"?
A property's capitalization rate is a calculation of the relationship between the property's price and the rate of return it generates, given its income less certain expenses. Cap rates vary widely across various property types, geographic locations, and under different interest rate and business environments. I'd be happy to share with you the kind of cap rates available in today's markets.