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Updated over 6 years ago on . Most recent reply

User Stats

19
Posts
2
Votes
Xavier Knight
  • Investor
  • Ansonia, CT
2
Votes |
19
Posts

Investing outside of your comfort zone

Xavier Knight
  • Investor
  • Ansonia, CT
Posted

This is for all you BP  fans out there is a property in Manchester Connecticut I'm interested in buying a possibly  for rental purposes. It's going to be a single family property. I dont know anything about the town if it's a good investment I've done minor research. The comps in the area  seems very good  for the value of the property well below market value especially for the rents. I'm worried about  if I should purchase  outside of my comfort zone. It's about 50 minutes away from me driving wise so not too bad. This would be my second investment any pointers or advice would help 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 @Xavier Knight

I was just at a meeting last night in Manchester. It was hosted by Scott Hollister. I only met Scott yesterday, but he seems to have a good handle on what is going on in Manchester. 

Good luck!

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