east boston investment property

Invest to attain wealth

Be smart. Don’t buy a property to spend your money. Invest in real estate to make money.

Jeff Bowen's December 2010 essay argues for buying for resale value, not spending: its worked example buys at $100,000 with 3% down and sells at $140,000 two years later, and it names Chelsea and East Boston as emerging markets beside South Boston.