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Updated almost 5 years ago on . Most recent reply

User Stats

91
Posts
23
Votes
Mark Leclair
  • Rental Property Investor
23
Votes |
91
Posts

Northern Connecticut Quick Look Estimate

Mark Leclair
  • Rental Property Investor
Posted

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. 

Most Popular Reply

User Stats

390
Posts
224
Votes
Mat O'Grady
  • Investor
  • North Stonington, CT
224
Votes |
390
Posts
Mat O'Grady
  • Investor
  • North Stonington, CT
Replied

@Scott Hollister Hosts a meetup in that area. Not sure what they are doing in the Days of Corona, but there is bound to be someone who knows the information about the market. 

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