Massachusetts is often considered a state that favors landlords due to its lack of rent control policies. However, it does impose numerous restrictions on the fees that landlords can charge their tenants.
In Massachusetts, landlords are limited to charging three times the monthly rent, which includes the first month's rent, last month's rent, and a security deposit. Additional fees, such as pet deposits or any other charges, are deemed illegal and can result in triple damages for the landlord. Furthermore, landlords in Massachusetts are responsible for snow removal, landscaping, general maintenance, and repairs of the property.
If you encounter tenants who struggle with paying rent, the eviction process in Massachusetts can be lengthy, lasting up to six months. It is advisable to try and negotiate an agreement with the tenants outside of court.
Overall, Massachusetts leans more towards tenant-friendly regulations rather than favoring landlords. Therefore, it is recommended to hire a property management company that is well-versed in the state's laws to handle your investment. Despite the challenges, Massachusetts offers the potential for higher rental yields and decent returns for investors.
CL Boston Property Management has been managing properties in the Greater Boston area (as well as Boston proper) for over 20 years. Our experience and proven track record have created scores of thrilled clients and happy tenants. When you need professional property management, call CL Boston Property Management!
As a full-service property management firm, we understand the challenges faced by property owners and have the expertise to handle them on your behalf. We are property management firm, build by property owners, for property owners, we have seen and done it all so you don’t have to.
CL Boston Property Management - we are here when you are!
Mailing Address
PO Box 15277 Boston, MA 02215
Office Address
1340 Centre St. Unit 202 Newton, MA 02459
Monday - Friday: 9:00 am - 5:00 pm