All Forum Posts by: Jordon Bell

@Indro Dhar I’m an investor in CT and very familiar with the Hartford/Waterbury market. Both are cash flowing markets. Your price point can definitely get you into a 1-4 unit in both cities, and even into a smaller multi-family building 5-10 unit. Both cities are neighborhood dependent, or “block by block.” 

@Irish Mac like Stephen said the best time to buy was yesterday. As always when investing in real estate, you’re looking to get a good return on your money. If you can find a deal in NYC that provides that, absolutely go for it! I’m based in Connecticut, and over the last year and a half I have seen a lot of investors from NYC coming here and putting their capital to work. Pricing is more affordable and you still have close proximity to the city. 

@Maddy C. like Nicholas said CT is a great option. I work as a realtor in CT, and Fairfield CT provides better affordability than the City, while still allowing you a reasonable commute. You can easily take Metro-North right into Grand central from many of CT’s southwestern towns/cities! DM if you have any specific questions on the various markets

@Bill Keane I currently invest in CT with no experience in Western MA. There are still markets in CT that are affordable that cash flow! I believe you can find a good deal in any market

@Trey Sutliff I work as a career firefighter in Fairfield CT and also invest in CT. 80k in capital is more than enough to get started. Like many others have said, it depends what your comfort level is. Me personally, I’d say start small and work your way up. Get comfortable managing some smaller cash flowing properties, make a return on your money, and once you’ve got your legs under you, level up! 

Some options are: a first time homeowner loan which you could acquire up to a 4 unit with as little as 3% down. 

Or you could put 20% down on two 150k investment properties and still have some left over for closing cost and some repairs.
 

There are some affordable cash flowing markets in CT still if you know where to look!