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Updated over 6 years ago on . Most recent reply
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Connecticut: Best areas to invest in multifamily rentals????
Hi im a new investor looking to get into the multifamily rental cashoflow game. Im wondering which parts of the state offer the best cashflow in relation to price, taxes, clients, etc.
I live in New Britain and am a firefighter in New Haven.
Most Popular Reply
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- Flipper/Rehabber
- Wilton, CT
- 4,037
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Dude, its about the numbers. Every investor will give you their favorite city. If you keep asking eventually you will get every city in CT.
I would say don't limit yourself to a location. I go wherever there is a deal period!
I bought a house in waterbury in a crappy location ... section 8 will pay 1000-1300 a month. I bought the house for 5K.
Hard to go wrong.
Screw location, just feel every deal out independently and run the numbers!
- Jerryll Noorden
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