New investor - Boston rental market

[Dimitri Savidis]

Hello everyone. Recent college grad here currently working in business management consulting in Boston, MA. For the immediate future, I’m looking to purchase rental property to house hack my way through my early 20s. Maybe I haven’t hit a large enough sample size yet, but it seems to me that much of the focus of BP podcasts has been on cities in the South, Midwest, and West. I would like to get a sense of what the Boston-area market looks like from the perspective of a new entrant who has no deal experience and is probably standing on a smaller capital base than most other investors in the market - a market that is probably priced higher than most other cities mentioned most frequently on BP podcasts. Can anyone give me some color on the Boston-area market? Is it a no-go zone for new investors?

[Jonathan Bowen]

You want some color? Stay away... Prices don't make any sense. Some of the smartest real estate investors have done well by doing nothing. Wait until the market crashes. Then strike...