All Forum Posts by: Ivan Wong

Connecticut is in rough shape. Aetna is moving out of Hartford. Lost GE. Population and jobs shrinking dramatically the last few years. High end housing inventory increasing and prices dropping. Interest rates slowly rising. Is it a good time to start buying properties or wait it out?? Curious of investor's opinions.

I am eager to purchase my first multi towards the end of the year but haven't found a property that can sustain a correction. I live in CT where some large employers are moving out and the population is decreasing. There seems like there are better opportunities in other states. Anyone have any insight on purchasing a property out of your own state. I was hoping to find a multi large enough to justify a property management company so I could do it remotely. Thanks!

I have been listening to several podcasts lately. It seems like a lot of the bigger players are starting to sit on the sidelines anticipating a correction in the near future. I was curious other peoples thoughts.