Blackacre Blog - Blackacre Properties LLC

Demystifying the home buying process for first time (or rusty) buyers

August 26, 2021August 26, 2021Buying a Home, Financing, Home Inspection, Real Estate

If this is the first time buying a home or it’s been a while since your last purchase, we find that clients are happy to get a primer or refresher on the topic. Like planning for a wedding, buying a Read More

An unexpected benefit of not owning an investment property in an LLC

August 25, 2021August 25, 2021BRRRR, Investment Properties, Mortgage, Refinancing

There’s a never-ending debate among real estate investors about the best way to hold title to an investment property. Do you buy it in your name or use an LLC? This post won’t answer that question but it will highlight Read More

What Does Blackacre Mean?

February 6, 2021August 23, 2021Blackacre, Law School, Property Law, Real Estate

“What does Blackacre mean?” is a common question we get. Our response: “Ask a lawyer!” Actually, don’t because their answer will be long, boring, and expensive. In property law, “Blackacre” is the standard placeholder name used to describe a fictitious Read More

Have you ever considered buying a second condo in your building to rent out?

May 2, 2020May 2, 2020Boston, Financial Independence, Financing, Investment Properties, Rental

A client recently asked us to help them analyze an investment opportunity. Their neighbor had decided to move and they wanted to see if it made sense to buy their condo and then rent it out. It’s a win-win scenario: Read More

COVID-19’s Impact on Boston Real Estate

May 2, 2020May 2, 2020Boston, COVID-19, Financing, Moving/Relocation

We’ll get straight to the point – we don’t know how COVID-19 will impact real estate prices in the near term, medium term, or long term. There is too much uncertainly right now around the many important variables: supply, demand, Read More

Renting an apartment during COVID-19 in Boston

April 19, 2020May 2, 2020Apartment for Rent, Boston, COVID-19, Moving/Relocation, Rental

Below are a few quick observations for those looking to rent an apartment during the “off-season” months of May, June, July, and August in Boston – all squarely impacted by the COVID-19 pandemic and subsequent government restrictions. Apartments are still Read More

How much does it cost to rent an apartment in Boston?

March 8, 2020August 24, 2021Apartment for Rent, Boston, Rental

Below are average prices for 1-bed, 1-bath apartments in selected Boston neighborhoods at the end of 2019. We can work with any budget but its always a good starting point to know the average price in your desired neighborhood. Contact us for Read More

Seven stats from the 2019 NAR trends report

January 11, 2020April 19, 2020BRRRR, Financing, Investment Properties, Rental

Cash offers aren’t nearly as popular as you think. We all hear stories about the all-cash buyer winning the property, but that fact of the matter is that nearly 90% of home buyers finance their purchase. Furthermore, 20% down is Read More

Why we think HUD condos are a perfect first investment property (and BRRRR)

January 11, 2020January 11, 2020BRRRR, HUD, HUD Homes, Investment Properties

If you are looking to make your first investment in a rental property, we think an easy, low-risk option is buying a HUD-owned condo. Here’s why: Why we love HUD-owned properties We get a free professional property inspection report The Read More

A home inspection story with a happy ending

January 11, 2020August 26, 2021BRRRR, Home Inspection, House Hack, Investment Properties, Springfield

The property and the negotiations Last month we helped one of our investors get a 2-family property under contract. The 6-bedroom, 2-bath duplex is generating market rents with a pro forma cash-on-cash return of 17%, producing a 9% cap rate. Read More

Katie Ulrich

July 28, 2024.

Working with Greg was great! I had full trust in him, and he went above and beyond to help us find a place while we were still across the country--doing FaceTime viewings, following up with other agents, etc. I would definitely recommend working with Greg to friends and family.

Sean Kaukas

April 26, 2024.

Blackacre Properties was a pleasure to work with! I’m a first time landlord and they helped find me great tenants for my condo in Boston and took away the stress of the process. Greg and Julina kept in constant communication and handled all of the paperwork for the rental. They are true professionals and easy to work with. I will absolutely use Blackacre again.

Julia Daly

October 18, 2023.

It was an absolute pleasure working with Greg! He was incredibly responsive and supportive through our entire moving process. Greg helped us rent our Boston apartment and find a new place on the South Shore. He was respectful of our time and highly professional. I could not recommend working with Greg more. We will continue to work with him for years to come!

Laura Thompson

August 5, 2023.

I cannot recommend Greg and Blackacre Properties highly enough. Having lived in Boston on and off for over a decade, I suddenly found myself needing to rent an apartment in downtown Boston for work with a relatively modest budget. Greg was accessible and thoughtful in his recommendations and helped me consider factors in my apartment search that I otherwise never would have taken into account. I am well-positioned to say what an independent apartment search in downtown Boston is like (I tried it!), and how Greg helped streamline that process once we began to work together. Specifically, Greg was able to help me narrow down the very long list of available apartments that were worth visiting, taking into account things like nearby greenery, beauty/age of buildings in the area (something I cared about), street parking availability, tourism flows (esp in summer), public transport accessibility, local amenities (grocery stores, restaurants, walking paths, access to the Charles), and building amenities (rooftops, courtyards, etc). He also helped me gauge prices in terms of local apartment offerings (and so could help me figure out what I could expect and what was a deal and so might go more quickly). I had originally thought that using a broker would be only for people with a large budget for their apartment search, but I finished this process thinking that even apartment searchers with a more modest budget can benefit from working with someone like Greg. Greg helped me maximize my time in town, helped me visit apartments remotely (which was easier once we had made clearer what I was interested in, and which he did by FaceTiming me from the apartment, which he physically visited), and then facilitated the signing of my lease after I had left town. One final note: a number of the apartments I visited on my own in downtown Boston are represented by brokers who are understandably ambitious, but also pushy and competitive (with one another). Having a broker on your side--especially someone like Greg who is thoughtful, reasonable, and easy to get along with (for other brokers)--helps insulate you from having to manage those relationships directly. Once you visit an apartment represented by a broker (the vast majority of apartments in downtown Boston), you will be paying that broker fee---so why not pay it to someone who can think with you, navigate the world of apartment brokers, and also negotiate for your interests? So overall, even in the rental market and for those with a more modest budget, working with a broker can make a lot of sense (even financially). If you are looking to work with a broker, I highly recommend Greg Kanarian at Blackacre.

Gwendolyn Collaco

July 3, 2023.

Greg was the best agent that we could have asked for. I'm very picky and had been looking on rental sites for about a month for a new apt. With Greg, the first listing he sent to me and my roommate was the one we rented! He worked with us to ensure we included all the info that we could to strengthen our application and secure the apt on this competitive market. He was the best advocate for us to the owner. I say all this after having lost out on other apts prior to working with Greg. Despite having great credit, income, and history, I was always passed over for stronger candidates, but with Greg the first application was all we needed. It was such a welcome relief after a long and harrowing apt search! He answered all our questions about the lease in a timely manner and made sure that the listing agent made all corrections necessary to the final version. We were well-informed every step of the way.

Chan Lee

June 29, 2023.

Greg from Blackacre Properties was extremely communicative and hands-on during my search for rental apartments in the summer of 2023. He was quick to respond to my questions with informative answers, and most importantly, I could tell his priority was in advocating for his clients when he successfully negotiated a better lease for me. I strongly recommend Greg and Blackacre Properties for your real estate needs. Thanks again Greg!

Jacqueline Cornejo

June 28, 2023.

Moving in Boston is stressful especially with the housing market right now. But Greg and Blackacre Properties LLC made the process so easy and smooth. Greg made sure to answer all my questions and always made himself available. Really great experience!

Allisson Dugan

March 13, 2023.

I cannot recommend Greg and Blackacre Properties enough. I recently worked with Greg to rent my 1BR condo and as a first time landlord he made the process quick and simple. He was able to market the place beautifully and secured a tenant quickly. He also provided me with all the information I needed on my end to complete the process. I will certainly work with Blackacre in the future.

Kristen Tomlinson Carter

March 4, 2023.

I was lucky enough to come across Greg when I was first renting my property in Bay Village, and have now worked with Greg for many years. His knowledge of the rental market, his professionalism and candor throughout the process, and his willingness to go above and beyond are just a few reasons I've continued to work with him, and will continue to do so going forward.

Ana Abraham

February 28, 2023.

Greg and Blackacre were extremely helpful in facilitating our move! Greg works very fast, got us a showing of an apartment within a couple days, and helped us get all of our documents in order to sign our lease! We couldn't be happier, and we recommend Greg and Blackacre to anyone looking to move!