Boston MA Area

[Chris B.]

On the subject of success stories, I acquired a multifamily home in the greater Boston area a few years ago.  Since then, my agent told me that property values in the area have appreciated over 20%!  This was welcome news.  Even if his opinion is overstated, it's hard to beat that kind of value appreciation in today's markets:  equities are overvalued, interest rates ensure fixed income investments don't yield much, and alternatives remain inaccessible to most investors due to investment minimums and securities law requirements like accreditation.

What's more, there has been a flurry of development throughout the Boston area, including in my neighborhood.  I hope that presages more appreciation to come.  Generally my rents have increased between $100-$200 per year, although this last time has proven a bit more difficult.

Well, that's my success story!  Best wishes to everyone else.