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Emma Kennedy

Investment Opportunites

06-18-09
Emma Kennedy

What would be the summer rental for this property?" The question most asked by our buyer clients. This week’s portfolio includes properties we feel are outstanding rental opportunities. Investment might be a bit of an exaggeration since you would find a positive return mostly from inland properties suitable for year-round rentals. But, $25,000 rental income and up certainly goes a long way to paying the bills. These properties are in good to excellent condition, they are in areas that have always had high rental tenancy, and they are at reasonable prices considering their proximity to "summer fun". The better rental areas command higher rental fees and fill up well before other areas of Martha's Vineyard. After location and condition of property come furnishings, high on the list of what goes into creating a successful rental experience. A few ideas I picked up following BLOGs and articles at HomeAway.com include: decorate your home in bright, cheery colors; create a comprehensive list of available activities; and, highlight your outdoor living space. What an opportunity. You own a home in a desirable vacation destination, you have the fun of decorating, the joy of happy tenants and the bonus of actually vacationing!.
And of importance primarily for first time homebuyers is this welcome news: Housing Affordability Surges to Highest Level in 18 Years .
Remember, this is only a buyer's market if you actually buy!

Katama waterview under $1 million

04-16-09
Emma Kennedy
I was at this property in Katama a few days ago an thought it should be spotlighted. Situated on a private lot in Katama close to South Beach, this is a reverse contemporary home, popular in the area. The main living area and deck enjoy views of the water. You can hear the waves rolling in as you sit on the deck. The home has had many udpated in the last two years and appears to be in good condition. I think this is a great value under $1 million. This home also has great rental potential.

Lights Out Martha's Vineyard for Earth Hour 2009

03-27-09
Emma Kennedy
Lights Out Martha's Vineyard an island-wide energy conservation event that is being held in conjuction with Earth Hour sponsored by the World Wildlife Fund. Turn Off Lights When: March 28, 8:30-9:30 pm Lights Out Guided Walk Where: Felix Neck When: March 28, 8-9 pm Info: 508-627-4850

Clam Point Cove Waterfront, Chilmark

02-23-09
Emma Kennedy
The price reduciton of the week is Clam Point Cove in Chilmark, this property has been substantially reduced in price and is now $8 million. Described as "Exceptional waterfront property with spacious five bedroom home that offers outstanding panoramic views from its perch high on the hill overlooking vast expanses of water, including Quitsa & Menemsha Ponds, Vineyard Sound & the Atlantic Ocean. Three acres of beautiful rolling land with 250 feet of water frontage on Quitsa Pond. Enjoy sunsets, a sandy pond beach and views of Elizabeth Islands, too." Please do not hesitate to call us if you have any quesitons.

Weekly Listings Update

02-23-09
Emma Kennedy

My pick for new listing of the week is on Meshaket Way in Oak Bluffs, a six bedroom home with in-law apartment for $599K. There are some great price reductions this week too. Clam Point Cove in Chilmark perched high on the hill with views of Quitsa & Menemsha Ponds, Vineyard Sound & the Atlantic Ocean. This property has been substantially reduced in price and is now $8 million. Click here to view this weeks listings update. http://www.mvbuyeragents.com/linkmv.asp