Quincy Rental Properties

With Quincy home prices at an all time low many buyers who intend to use their properties for supplemental rental income have appeared in our market place. When choosing the best type of investment property in Quincy the key word is ‘marketing’. The first goal even before looking at homes is to define what type of market you are interested in targeting.

Historically, rental properties that have 3 bedrooms and 2 baths tend to be very good investment properties. Rental properties that have 5+ bedrooms tend to attract multiple families and can quickly devalue the rental unit. The rental market in Quincy is a little different. 3 bedrooms and 2 bath units are still ideal, however targeting 55+ communities can be just as profitable.

A key question to ask when viewing houses is, ‘is this a potential liability?’ Are all the handrail fixtures firmly attached? Is their motion sensory outside lights? Is the house landscaped in a way that intruders cannot hide behind trees or bushes? is the residence properly insured against injury or loss? etc…

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