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Updated almost 2 years ago on . Most recent reply
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Is The Boston Area Market Active?
I am conducting market research for the Boston, MA area (my backyard). I can't find much data on the size or volume of investment activity in the Boston area market. I am trying to determine whether there is enough activity and opportunity to support a wholesaling and investing operation here. Do any of you invest in Boston or know how healthy the market is? I am open to out-of-state but thought it would be best to start in my own area if possible.
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Hey Ben,
I grew up in Boston and know the area well. I would say it has been and will continue to be an active market. As you probably know it is a major hub for hospitals, pharmaceuticals, healthcare, etc. Numerous new buildings in this industry have popped up over the last year which is going to lend itself nicely to mid-term and long-term rentals for traveling nurses, doctors, etc. I would look into Airbnb's in the city maybe even Back Bay or Seaport area. Will likely be a bit pricey, as it is Boston, but I have seen great return and cash flow-- especially in the summertime. Hope this helps!