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Updated over 4 years ago on . Most recent reply

User Stats

24
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56
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Robert Duncan
  • Developer
  • Connecticut
56
Votes |
24
Posts

Wholesaling in connecticut

Robert Duncan
  • Developer
  • Connecticut
Posted

Hello everyone, I'm looking to get started in rei in Connecticut. Is there anyone who can give me some info regarding wholesaling in the Hartford county area? what are some do's and don'ts. Are bandit signs illegal? If you are a local in Hartford county and you have done some wholesaling here please don't hesitate to respond. Any and all advice welcomed. Links to some great websites for info or articles would be nice too.  

Most Popular Reply

User Stats

951
Posts
218
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Phil Z.
  • Real Estate Broker
  • Orange, CT
218
Votes |
951
Posts
Phil Z.
  • Real Estate Broker
  • Orange, CT
Replied

Hi Rob.

- You need to know 2 things:  After Repair Value, and Repair Costs.

- MLS access is going to be important to assess ARV values.

- Estimating repairs will take experience dealing with contractors

- Bandit signs are mostly illegal.  But you can check the towns local Sign Orandances.  In general, I think they are all similar to:  Friday after 5pm to Sunday night only.  Then they have to come down.  I'm not sure if posting on telephone poles is legal, it probably is not.  Also main roads and highway access points are often state property.

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