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Updated almost 6 years ago on . Most recent reply

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45
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9
Votes
Elena Pech
  • Boston, MA
9
Votes |
45
Posts

How important is to buy next to MBTA in Malden or Medford MA?

Elena Pech
  • Boston, MA
Posted

I am looking for my first investment property in Malden or Medford MA. I wonder how important is to get it close to MBTA, like Orange Line in Malden? Will it help me to get better tenants/ higher rents? I See many good opportunities in those towns but relatively far from MBTA or require to take a bus to get to MBTA. How hard is to get tenants for house that is relatively far from public transportation compare to one that is very close? Should I focus on looking for house that is close to transportation or it's not that important?

Most Popular Reply

User Stats

175
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155
Votes
Josue Velney
  • Developer
  • Boston, MA
155
Votes |
175
Posts
Josue Velney
  • Developer
  • Boston, MA
Replied

The rental market in both cities are so hot if you find a rental near the train you will be out bid. You should focus on networking and finding deals off market. I Have a few rentals in that area. I did not buy them on the open market. 

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