All Forum Posts by: Holly Scanlon

@Basit Saddiqi

Thank you for clarifying that for me. I appreciate the info

Hi all,

I have 2 SFH that I am subleasing out. The owner and I have a seller financing agreement, I pay him monthly and I collect rents from the tenants. I also pay all taxes and insurance. I had been doing this all through my personal accounts. Last year when I filed my taxes, I could not claim any of the taxes or expenses because the houses are not in my name. I recently created a LLC, property management company and now all my transactions flow through the business. Am I able to claim all of my expenses now? If so, how do I do that? Does it involve 1099 with the owner? Any advice would be greatly appreciated. Thank you.

Hi @Marcony. Glad to hear business is well! :) 

I know people that do well with their single family rentals in the town plot area and the east end. Again, the taxes are very high though. 

Hi @Dominique! I was born and raised in Waterbury too. I currently invest in Watertown/Oakville, I have a few rentals there. The thing I like about it is that the taxes are far less expensive as Waterbury and it's a little easier to find a deal that will cash flow. 

Have you heard of the BRRR method? If not, theres quite a few article and podcasts on this site that explain it. It might be a good option for you since most of what you see in Waterbury needs work.

@Mat, David is good friend of mine, I'm in that group as well ;) 

🙋Hi all! I'm in.. would love to get together. 

Hey Adnan, CT REIA meets every 3rd Monday of the month. Next is May 20th.

Hi Andrew! I'm looking forward to reading her blog! Congrats on your first flip, where are you looking for your next? 

Here is a link for some more info on generating leads and blogging about real estate. If you follow all of the writers stuff, you'l find a ton of information. https://www.biggerpockets.com/renewsblog/2014/10/21/lead-magnets-the-secret-way-to-build-an-awesome-email-list/

Hey! 

I am a wholesaler in CT looking into running some fb ads! Currently I am using direct mail as my #1 source of marketing. I think in todays world it's time to move into digital marketing. Everyone is online! I would love to hear from anyone that is doing it. Thanks! 

I would be interested in this!