Single Family Rentals

[Account Closed]

Is there a market in the Boston area for single family rentals? I'm curious why someone would rent a single family in lieu of buying one?

[Charlie MacPherson]

There is definitely a market for SF rentals.  I do a lot of marketing to find first time buyers, but come up with a lot of people who have either an insufficient credit history or bad credit.

Boston also has a fair number of short-term residents - students, medical residents, etc.  For those planning to move in less that a few years, it makes more sense to rent.