ProSource Media

https://bostonpads.com/blog/home-improvement/top-7-boston-multifamily-home-renovation-projects-to-increase-property-value/ When it comes to investing in a Boston multifamily home, one of the keys to success is to make creative upgrades and attract tenants who pay more. That means taking the time to renovate in a way that improves the property’s value and marketability and reflects positively on you as an investor. You can have tremendous success investing in Boston real estate if you focus on adding value that returns your capital quickly and starts working in your favor longer term. Boston is an old city and there are always value-add opportunities in multifamily if you seek them out. With this in mind, let’s explore seven renovation projects that can help your Boston multifamily home investment succeed in this highly competitive market.

https://bostonpads.com/blog/real-estate-investing/should-your-first-boston-real-estate-purchase-be-a-multifamily-home/ If you’re a first-time home buyer fortunate enough to have some capital to put down, purchasing a multi-family home in Boston could open all kinds of doors for you! A multifamily property (or multi-dwelling unit) is defined as a residential building with two or more units under one roof or several buildings in one complex. Duplexes, townhouses, apartment complexes, and some types of condominiums are all examples of multifamily properties. The Boston real estate market, overall, continues to be robust- with renters in various multi-dwelling units staying put longer and renewing their leases at higher rates than in the past few years. With a ready down payment and the right mortgage, you can potentially purchase a multifamily property as easily as if you were buying a single-family home. Investing in a multifamily property in Boston can provide you and your family with...

https://bostonpads.com/blog/real-estate-investing/how-to-get-started-investing-in-multi-family-homes-in-boston/ The Boston real estate market is hot- prices keep rising in 2022, making it intimidating for new investors. However, if you think it’s too complicated, or even impossible, to invest in the city’s thriving multi- family market then think again. In some instances, you may even be able to achieve a lower net monthly payment for a multi-family home in Boston than for a single-family home. Keep in mind, there are a few steps to follow if you want to successfully invest in Boston real estate. 1. First, do the Math Your first step should be to determine how much you can afford to pay. Depending on the loan product, the down payment can be anywhere from 5% to 30%, or more. Typically on an investor loan (non-owner occupied), lenders are looking for at least a 20% down payment. However, if you’re going to occupy a portion of the property, the down payment could significantly change.

https://crazy1market.com/boston-multi-family-market-report/ Demand for multi family homes in Boston is eroding based on the most recent MLS data. Total 30 day sales of multi-family properties were down for the fourth month in a row in Boston. This drop in total sales occurred as economic conditions have worsened. Soaring inflation has prompted the Fed to raise interest rates 6 times thus far in 2022, effectively stifling demand for Boston real estate. The market for multi-family was not immune to this trend. Median sale prices for Boston multi-family properties have leveled off over the last 5 months after seeing record growth throughout the previous 10 years. For the first time since the last housing crisis, year-over-year median sale prices for multi-family properties hit negative margins in 3 of the past 6 months.

https://bostonpads.com/blog/boston-housing-market/featured-multi-family-homes-for-sale-in-boston/ Whether you’re looking to reduce living costs or diversify your investment portfolio, investing in multi-family homes for sale in Boston might have crossed your mind. After all, even first time homebuyers are considering this path to homeownership more and more. The appeal is simple: incoming rents will help offset your mortgage costs, and you’ll build equity. If you need help deciding if you should invest in a Boston multi-family, you need to take a hard look at your finances and speak to a mortgage professional. In the meantime, take a look at some of the multi-family homes currently on the market in Boston. You’ll find our mortgage calculator in each listing and get a rough estimate of what your monthly payment would look like!

https://rgvinvest.com/boston-suburbs-with-the-worst-average-cap-rates/ Generally speaking, Boston’s suburbs have some of the best cap rates among all Boston neighborhoods. Median sale prices tend to be much lower in the outskirts of the city, as they have skyrocketed in the city’s core neighborhoods over the past decade. That being said, some of Boston’s suburbs are every bit as expensive as some of the city’s premium real estate markets. These suburbs in particular,do not yield the highest cap rates on average. In our cap rate calculation, we take the average rent price times twelve to project yearly revenue. We use the median sales price for each property type as the cap rate denominator.

https://efinancecorp.com/boston-suburbs-with-the-best-cap-rates/ If you’re a property investor in Boston, you’re probably aware that cap rates have been super low in the core neighborhoods of the city. Prices for Boston real estate have skyrocketed to absurdity, making it difficult to find profitable investments in the city’s core neighborhoods. Right now, the suburbs are carrying the best average cap rates in the Boston metropolitan area without question. In fact, the top 10 best metro neighborhoods by average cap rate are all located outside of Boston proper. In order to calculate the average cap rate for a neighborhood, we’re projecting yearly revenue based on the current average rent price in that area multiplied by twelve. We’re using the median sale price for each area and property type as the cap rate denominator. Based on this math, we can get a rough estimate of what an average cap rate would look like for a neighborhood. Here are the top 4 neighborhoods by average cap...

https://bostonpads.com/blog/boston-housing-market/looking-for-a-multifamily-home-in-boston-heres-what-800000-can-get-you/ Demand for multi-family homes is rising in Boston, and so are prices in what was an already tight real estate market. Back in December 2021, we wrote an article discussing what you could expect to find with an $800,000 budget for a two- family home in Boston. Here is what $800,000 can get you in today’s even more competitive market, 3 months later: