Boston Real Estate Investors Association

The Challenges of Converting Vacant Office Space into Apartments

Converting vacant office space into apartments poses several challenges.

Brian Hamrick During a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick interviews Andrew Hinton, who is in the final stages of converting an office space into an apartment. They discuss both the positive and negative aspects of the project, including challenges with architects, engineers, and city inspectors, as […]

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Zumper’s National Rent Report for August ’23

News / Boston REIA

[ad_1] rewrite the content without plagiarism for 1500 words Rental information site Zumper recently released their latest monthly National Rent Report for August, 2023. According to their data, rent for 1-bedroom apartments was $1,510 (up 1.6% year over year) and the median two-bedroom rent was $1,864 (up 3.9% year over year) . Be sure to

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Squatters Torment Homeowners Across the Country

News / Boston REIA

[ad_1] We first heard about this property back in the Fall after a Maryland couple with a bank contract to buy a vacant foreclosed home went to move in, but there was rental truck in the driveway moving someone else in! When the new owners confronted the people moving in, the men showed them what

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Zumper’s National Rent Report for March ’23

News / Boston REIA

[ad_1] Rental information site Zumper recently released their latest monthly National Rent Report for March, 2023. According to their data, rent for 1-bedroom apartments was $1,494 (up .02% from February) and the median two-bedroom rent was $1,833 (up 0.5% from February). Zumper says this uptick points to a larger trend of deceleration of price increases

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Cities Where a $100k Salary Goes the Furthest

News / Boston REIA

[ad_1] What are the 25 places in America where $100k goes the farthest? The folks over at SmartAsset remind us that a $100k salary just isn’t what it used to be. With factors such as inflation and varying cost of living in different parts of the country, there are places that give you more bang

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Your Guide to the Renter’s Bill of Rights – Parts 1 & 2

News / Boston REIA

[ad_1] Recently, the Biden Administration released its Blueprint for the Renters Bill of Rights. On two recent episodes of the Rent Perfect Podcast, David Pickron and his General Counsel Denny Dobbins discuss how this blueprint can and will affect landlords today and in the future. You can download a copy of the White House’s document

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Airbnb Bookings Climb Past Pre-Pandemic Highs

News / Boston REIA

[ad_1] We love posting about short-term rentals – especially when there’s some good news for the segment. Today’s infographic from Statista says Airbnb saw its bookings cut by more than 40% due to Covid 19. However, as they illustrate, Airbnb bounced back remarkably well in 2021 and 2022 with the number of nights and experiences

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Housing Costs are the Leading Increase in Inflation

News / Boston REIA

[ad_1] The U.S. Bureau of Labor Statistics is reporting that the Consumer Price Index for All Urban Consumers (CPI-U) was up 0.4% in February, 2023. The all items index was up 6% for the 12 months ending in February. Interestingly, the BLS says The index for shelter was the largest contributor to the monthly all

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Zillow’s Most Friendly Pet Cities for Renters

News / Boston REIA

[ad_1] A recent report from Zillow says the most pet-friendly city in the country for renters is Austin, Texas, with over 4 out of every 5 rental listings allowing pets. In fact, as of January, Zillow says more than half of their rental listings indicated they allow pets. Interestingly, 4 out of the top 10

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Zumper’s National Rent Report for February ’23

News / Boston REIA

[ad_1] Rental information site Zumper recently released their latest monthly National Rent Report showing that their median national rent for 1-bedroom apartments in February, 2023 was $1,492 (unchanged from January) and the median two-bedroom rent was $1,824 (up 0.1% from January). Zumper says year-over-year rent-price increases continued to decelerate from post-pandemic-era increases in 2021 and

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