The North of Boston area is growing in popularity, presenting a unique opportunity for investors to diversify their portfolios and increase their wealth. Whether you’re interested in purchasing an investment property for the first time or adding to your portfolio, Andersen Group Realty provides top-tier service in finding the right property for you.

Now is the time to invest

As of 2016, experts viewed most properties in the North of Boston area as selling at 2% under market value. Buying an investment property right now is a wise decision as market value is expected to rise 20% by 2020.  Rental prices keep rising, as well; in 2017, rental prices increased by over two percent. These impressive returns are just the beginning of what the market has to offer. Our team uses the most current data to find you the properties that best suit your goals.

Location, location, location

In Winchester alone, home values rose by 12% in just a year’s time, making it a healthy investment. A selling point for investors (and potential renters) is that Boston is easily accessible from Winchester due to its two in-town commuter rail stops, both 10-15 minutes out of North Station on the Lowell Line. Add to that theburgeoning healthcare industry, and there is high demand for rental properties north of Boston.  Areas like Melrose are ripe for investment because of the abundance of commuter-rail stations. Somerville and Medford expect to see increases in demand since the Green Line extension has been fully funded, making this an excellent time to add a property in these locations.

How we can help

At Andersen Group Realty, we understand the importance of finding the right investment property and we are here to make that process easy and efficient. We provide:

–Help with finding properties that will best suit your needs and expectations, whether it is your first time investing or your fifth.

–Connections to our premier partners to get pre-approved for a mortgage and to plan a budget.

–Education surrounding the responsibilities of owning investment properties before you make a purchase.

–Assistance in finding the best tenant for your property.

–Details of your options, from unit conversion to rehab and resale.

–Analysis of rate of return, cash flow, appreciation rates, and other factors to properly evaluate the property so that you can make a wise investment.

Andersen Group Realty offers unparalleled customer service for investors. We handle details like current market research, finding home improvement specialists, navigating bidding wars, analyzing rates of return, and negotiating with sellers. Our services make investing in real estate simple and personal. Contact us to find the best property for your financial goals.

Photo courtesy of Pixabay under Creative Commons Zero License

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