Doug Hills, Realtor at Compass

10/04/2024

💥Just listed in the Melrose Highlands 🏡

Step inside this spacious, sunlit home nestled on a quiet tree-lined street. Notable features/updates include a remodeled kitchen (2017), new patio (2024), roof (2018) and gas heating system (2016). Walkable to Melrose schools, conservation land, cafes, restaurants and downtown!

Come see it for yourself!

Open houses this weekend:
Sat 10/5 11:30am - 1:00pm
Sun 10/6 1:00pm - 2:30pm

Or setup a showing ➡️ 617.863.2317

06/26/2024

Just Sold in Wi******er! 🔑 99 Ridge st

This home required a higher level of care and attention due to the seller moving out of state. I was tasked with maintenance, landscaping, shipping a car and piano, coordinating an AC upgrade and junk removal. Then the real sale prep began with professional cleaning, painting, staging, photography, videography and marketing. Fortunately, I have professionals to tend to all of it. I even found myself crawling through the attic to remove an old birds nest!

Ultimately, all the extra preparation and service resulted in an over asking bid from a great buyer. It’s rewarding when hard work yields results but often times people only see the tip of the iceberg.

In the end, both buyer and seller are happy 😎

06/09/2023

🌳Tucked away on a tree lined street in a sought after neighborhood in North Medford, this sun-drenched home was just listed.

3 bedrooms
1 bath
1,392 sf
Landscaped yard
Office
Attached garage

Located at 29 Hutchins Rd

Open houses
Fri 430pm-6pm
Sat 1130am-1pm
Sun 1230pm-2pm

Get in touch for more details 617-873-2317
[email protected]

Or follow the link in bio!

01/26/2023

Why Q4’22 was the bottom of the recent real@estate cycle.

01/26/2023

6 Reasons Q4’22 was the bottom of the real estate market cycle.

11/07/2022

✨Just Sold in beautiful West Medford! This two family investment property has a steady tenant in unit one allowing the owner some flexibility to live in unit two or rent it out for additional cash flow.

After taking the time to get to know my client’s search criteria, we strategized and searched for just the right home to fit their situation. I’m so happy the right one came along. Congrats to my buyer investors on the newest addition to their portfolio!

7 Gorham Rd Medford
6 BR, 3 BA two family with a garage
$1,150,000

09/21/2022

🏘️ It’s important to understand how investment properties are valued. As an investor, you need to know the following ways to value a real estate investment property.

4 Ways To Value A Real Estate Investment Property

Sales comparison approach. The sales comparison approach (sca) is simply an estimated comparison of similar residential properties that have sold or rented out in a given area over a particular amount of time.

Capital asset pricing method. The capital asset pricing method (capm) takes into consideration the risks associated with investing in real estate. This method helps you decide if it’s worth taking the risk to rent a particular piece of real estate.

Income approach. Using the annual capitalization rate, the income approach divides the projected yearly income from the rental income by the current value of the property.

Cost approach. This method tells investors that an investment is only worth what it can reasonably be used for. It is determined by adding the land value and the depreciated value of any improvements.

Doug Hills | Compass
[email protected] | (617) 863-2317
www.doughills.com | 9536111

Doug Hills

09/19/2022

✨ Everyone responds to color differently.

👇 Here’s how to use it to your advantage.

1. Colors To Suit Your Needs And Preferences
The key to using color to achieve a certain mood or vibe is to start with colors you like and then branch out from there, choosing shades and hues that evoke the feeling you’re going for.

2. Happy And Energizing
Kitchens and other communal spaces call for cheerful, happy feels, and you can achieve this by using warm colors like red, orange, and yellow.

3. Soothing And Tranquil
Green and blue mimic the colors of nature, which can have a calming, relaxing effect on mood.

4. Warm And Cozy
Warm, earthy shades like brown, taupe, and beige add a cozy vibe to any space. Especially great in living rooms, these colors invite you to hunker down for a while.

Doug Hills | Compass
[email protected] | (617) 863-2317
www.doughills.com | 9536111

Doug Hills

09/18/2022

📍 Do you own a rental property in another city?

🏠 If so, here’s how you can manage rentals from anywhere!

1. Hire a professional property management company
When you can’t be in the same area as your rental property, you can hire a professional property management company to take on most of the landlord responsibilities.

2. Manage smaller rental properties yourself
If you own a smaller rental property such as a two-family home, you can manage it on your own without hiring a property management company.

3. Know when to delegate
If you trust one of your tenants, offer a monthly rent reduction to act as a point of contact between you and the other tenants.

4. Build a maintenance network
Make it a point to enlist the help of trusted professionals to make repairs and conduct maintenance as needed.

5. Keep lines of communication open
State that they must contact you for instruction when something needs attention.

6. Make it easy for tenants to pay rent
To make it easier on you and your tenants, consider using an online rent paying service to collect rent.

7. Make sure your insurance is up to date
Making sure your insurance is up to date is important. It not only protects you from liability should someone get hurt on your rental property.

8. Take advantage of video messaging
Using skype, facetime or some other video messaging service, get visual updates on your property and inspect repair requests in real time.

Doug Hills | Compass
[email protected] | (617) 863-2317
www.doughills.com | 9536111

Doug Hills

09/16/2022

🔍 Looking for a new place and want to save money?

👇 Below we discuss the five things you need to do if you hope to get a discount on your monthly rent.

1. DO YOUR HOMEWORK
Check out other rental properties in the area and find out what the going rent is with them.

2. SWEETEN THE DEAL
Give your landlord more reason to lower your rent by offering incentives to do so.

3. ASK THE RIGHT QUESTIONS
When doing a walk-through with the landlord, be sure to ask the right questions to gauge how willing he’d be to lowering the rent if asked.

BE THE IDEAL CANDIDATE
The better you look to a landlord as the ideal tenant, the more likely he will do what he can to get you into the apartment.

Doug Hills | Compass
[email protected] | (617) 863-2317
www.doughills.com | 9536111

Doug Hills