Rentals and Homes and Condos for Rent in The Greater Boston and Metro West Listings
Start your online search here for all rental property throughout the greater Boston and MetroWest area.
Town Property Group is not only your source for purchasing property throughout the greater Boston area but rentals as well. If you've been looking for the perfect rental or considering selling your property in today's great market and then renting for a while, perhaps buying win of the market slows down a bit, this is a great place to start. Whether you're looking for a condominium, loft, townhouse, single-family home, or even larger estates, you're likely to find it with our handy-dandy rental property listing search.
Below you'll find a list of the major towns, cities, and villages around the greater Boston and Metro West area. Feel free to browse all of these cities and villages to find the perfect rental in the perfect location. However, if you simply want to see what's available, below those cities is a list of all the most up-to-date rental properties throughout the Boston area. You can search by city, price range, or narrow your search even further with more specifics.
Benefits to Renting
There are a lot of reasons to rent. If the rental properties seem more advantageous to your current lifestyle or financial situation, we can help facilitate that rental procedure by finding you the perfect home, condo, or townhouse throughout the greater Boston area.
Rent Before You Buy
You can rent the property before you buy in a certain neighborhood or location to get a feel for the area, the commute, and the school district. It's a great way to get your feet wet with the community and find out if this is truly a place you want to live permanently.
When you rent, the landlord takes care of all of the property maintenance so you won't need to worry about replacing the furnace, appliances, or other property maintenance issues that arise. Of course, you should take care of the property as if it were your own but when these maintenance problems occur, you can simply call your landlord and have them take care of the entire issue. The condominium or townhouse, you won't even need to worry about the siding, roofs, or exterior part of the building, which is typically maintained by the Association.
If you are saving for a down payment, renting might be a great way to go is you won't need to worry about property taxes, homeowners insurance, or association fees. Unfortunately, your rent doesn't typically save up for a house and you're essentially paying someone else's mortgage, but, it can be the better option in certain situations.
Town Property Group of Boston Massachusetts is a full-service residential real estate brokerage offering a full range of services to both existing Boston landlords and those looking to get into the Boston investment real estate market.
At Town Property Group we can help to find you great rental properties and also help you with management services for those rental properties. We are also able to help find tenants to keep your properties occupied so that you experience the steady stream of income you set out to attain when purchasing your rental property in Boston.
Tips for Purchasing Rental Properties in Boston
Making sure you are finding a great investment rental property in Boston is the beginning of becoming a successful rental property owner. There are many things to consider as you purchase rental properties in the Boston area.
Your Purchase Budget
An essential step for any real estate purchase is to make sure that you are well within your affordable budget. Making sure that you are not stretching yourself too thin when purchasing an investment property is crucial. It can be tempting to spend just a little bit extra on a rental that seems to be guaranteed to draw steady income but you want to make sure you do not get in over your head.
Mortgaging a rental property if you are taking out a loan for your investment will be different from that of a traditional home purchase. It is a good idea to go over your personal and business financial capabilities and talk things over with a lender to help set a realistic affordable budget for purchasing a promising Boston rental.
Calculate the Figures
When you find a promising Boston rental property you want to make sure that the potential for rental income will be profitable. This means crunching all of the expenses of owning a rental property in Boston from setting aside money for maintenance and paying property management to paying the mortgage. You want to go over current market rental figures in the area to arrive at a reasonable charge for rent and determine if the property actually will turn a profit.
Choosing a Good Location
Not every property is going to be ideal for renting. Some locations are more promising for the rental market than others. You want to find rentals in Boston that have the potential to generate the highest rental returns. Talking with a real estate agent experienced in the rental market can help you to find the best areas of Boston that renters want to be in.
Finding and Keeping Tenants in Your Rental Property
One of the most important aspects of owning a Boston rental property is retaining a responsible tenant. Making sure that you are vetting tenants with the best strategy will help you to find great tenants that you can build a relationship with to keep your rental occupied.
You want to make sure that you have a great application form that asks important questions about a tenant from their finances to their references. Once you receive the application you then want to make sure that you do the work of checking into the information provided by a tenant to ensure that it is truthful. The more you know about a potential renter the more you reduce the chance of late payments for having to go through the eviction process.
A Property Manager Can Help
The easiest way to make sure you are finding a tenant that will be responsible and taking care of your property and paying monthly rental payments on time is to use the services of a trustworthy Boston property management company. A rental management company already has a system in place for going through tenant applications and finding great candidates to rent your space.
The process of finding a great tenant takes time and hiring a property manager can take a lot of that time and stress off of your plate.
Contact Us Today for All Your Boston Rental Property Needs
No matter if you have a rental that needs a renter, are looking for great Boston rental property purchase opportunities, or are considering renting out your Boston home temporarily while you are away we can help you!
Contact us at any time using the form below for help with Boston rental real estate services of all types. We are highly knowledgeable in all Boston real estate including residential, investment, and commercial.