CT Investors ... curious what you're looking to purchase

[Account Closed]

Hello BP world,

Given that Connecticut is a fairly unique market, I am curious what you're looking to buy? SFR? Multi? Are you looking to flip or buy and hold? Personally I've been looking outside the state but thinking about looking for more deals here in the home state. At any rate, if I can help in any way feel free to connect. Thanks and have a super week.

[Brian Pulaski]

@Bob Prisco the biggest issues in this part of the country... taxes. A $200k house making good rental income looks awesome. Add in some will have $10-12,000 annual property tax. Now that deal is probably a dud. It affects flipping as well.

I’m running numbers on a CT property now and I’m amazed. It never occurred to me, but the title insurance I had on my last NY deal was 6-7 times MORE than it is as I crunch my CT deal. Thousands of dollars more for title insurance you will almost never use. There are lots of nuances between locations, even some that are within an hour of each other.