Boston real estate continues to be a solid choice for today’s investors, particularly due to its rock-solid price appreciation over the last two decades. Boston appears to have an amazing ability to withstand all types of bad economic headwinds such as poor energy policy, high taxes, and even rampant inflation. Not only do you have consistent appreciation in value, but you also have some incredible resiliency even after a global-shaping event such as COVID. In our 2022 Boston apartment rental market report, we discussed the incredibly fast turnaround of the rental market after the unprecedented increase in rental supply numbers due to the COVID-19 pandemic in 2020 and 2021. Boston almost seems impervious to downward forces that would make other cities lose a large portion of their renting base. Boston property owners are noting their current renters are renewing their leases at higher rates than in previous years. No investment is without risk, but Boston multi-family homes have proven to be a good long-term investment for many landlords. Can the huge appetite for Boston city living continue into 2025? Will 2025 be a good year to buy an investment property?
First, What Constitutes a Good Investment?
Before investing in Boston real estate, you must consider your own financial responsibilities and way of life. While there are many other asset types in which you may consider investing, you need to pick one that matches your lifestyle. You obviously want an investment that makes you money, but beyond that, you also want one that aligns with your available time, your financial goals, and the amount of risk you are willing and able to withstand. As with any other business, real estate investing involves capital, potential risks, and consistent effort. Nearly every investment property you buy in the…