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Updated over 10 years ago,

User Stats

143
Posts
11
Votes
Ronald H.
  • Grounds Maintenance
  • Winston Salem, NC
11
Votes |
143
Posts

Why does Connecticut look so good for deals?

Ronald H.
  • Grounds Maintenance
  • Winston Salem, NC
Posted

I constantly search using keywords to find potential deals. Problem is, I don't see many at all here in Massachusetts, unless I am doing something wrong.

It seems like there are a TON of low priced homes in Connecticut. This is a headache for me, since I have to drive 90 to 100 or more miles to get to them. I have made some contacts with a Contractor down there, so I have that in place. 

I believe, I should start out with a lawyer reviewing my contracts, and I have gotten some referrals here for that as well.

It is TIME for me to pull the trigger. I still have not mastered the Estimating Rehab costs, so I am going to be relying on the Contractor a bit more than I want to. Any advice about this?

Should I find a Home Inspection company to inspect the properties and take pictures for me? or hire someone off Craigslist to take them. Doing the latter, has some implications and potential problems associated with it.

I would like to buy, flip and sell remotely from here and only travel down to CT when and if it is absolutely necessary.

Obviously, I need to get the ARV nailed down with Recently Sold properties off of Trulia.com or some other website.

How can I make offers on these properties. What are the steps, please??

When does Title Insurance come in?  

My offers will need to have expected legal expenses factored in, until I understand the laws in Connecticut.

I have more questions, but I will keep it shorter for now?

Again, my goal is to get an interest in the prop, or get it under contract, then inspect without going down there to CT, then buy the property, and flip to another investor. I want to do this with confidence and eliminate un-necessary trips that could become very costly and time consuming.

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