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Updated over 4 years ago,
Northern Connecticut Quick Look Estimate
I have a question as I am a new investor and looking to buy properties in the northern Connecticut area from anywhere at Vernon area down to about Windsor locks. Trying to "house hack" my first property either like in law suite or multi family. Now when doing a quick look at MLS properties are there any "Rule of Thumb" that apply like the 2% rule or 1.5% rule or anything like that when looking through. Something that's like hmm okay this may work let me actually take a deeper dive into the numbers?
Is anyone doing this sort of thing for our market? I know appreciation is not very favorable here so I’m curious on thoughts or opinions regarding this topic. Thank you.