Mantra RE we are located near Berklee college close to 1000's of apartments for rent close to and near your campus.
MantraRE.com
BerkleeCollegeApartments.com Visit us at Boston Best Realty Online search rental or Sales
Real estate agencies:
• Will save time by setting up all the appointments
• Will guide a client through the rental process
• Will match properties to a client’s needs
• Will explain about different landlords, buildings, and areas
• Can try to negotiate on behalf of the client
• Largest selection of properties
• Depending upon the season and landlords, there are realtor fees
2. What are the advantages of living in a condo versus an apartment complex?
Condo complex:
• Typically will be professionally managed
• Have owner occupancy (thus a higher possibility of mixed age of occupants)
• Typically nicer common areas
• Tenants have to be more quiet due to owner occupancy
• Individual units can differ dramatically
• Occasionally will have a move-in charge
What factors play into pricing of Boston rental properties?
• Supply vs. demand. There are over 25 schools in the Greater Boston area in close
vicinity to one another. Most Boston-area schools have increasing enrollment while
the housing quantity stays constant.
• Landlords who own large amounts of properties can influence the pricing.
• Most schools do not have enough dorms to fulfill housing needs. (Many schools even
rent apartments from landlords and use them as dorms.)
• Convenience of being close to school. (Properties outside of the Boston area are
significantly more affordable.)Fenway/Kenmore/Symphony
Studio $1050-$1400
1 Bed $1400-$1900 1 Bed Split $1400-$1950 (1 or 2 people)
2 Bed $1800- $2000 2 Bed Split $2100-$2700 (2 or 3 people)
3 Bed $2700-$3600 3 Bed Split $3200-$3700 (3 or 4 people)
What you need before you look Figure out the area where you want to live.
begin as early as January for September listings.
. Decide on an apartment that suits your needs.
. Make sure your cosigner is creditworthy, as landlords review your cosigner’s credit report
and verify employment.
. Make sure you have at least one month’s rent in your bank accounts.
. To secure an apartment, it would be in your best interest if the owner took the apartment
off the market to prevent other realtors from showing/renting it. To do this, the owner
requires a deposit equal to one month’s rent. This is due the day you decide to put forth an
application. Note: Some landlords will not even consider an applicant unless they have a
deposit of one month’s rent. If the owner accepts your application, your deposit gets
applied to your first month’s rent payment. Should the owner reject your application, your
deposit will be returned. remeber a Broker usually charges a 1 Month realtor fee for service. sometimes the landlord will cover 1/2 or all but it is a market condition if it is hard to get an apartment you will most likley pay a fee in softer markets you will not.
. You should have two and a half months in reserves, in addition to the month rent you
already put down, for last month, security, and any misc. fees. The remainder of the last,
security, fees will be paid on a schedule set forth by the owner/property manager.
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