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All Forum Posts by: Jesus Orbea

Jesus Orbea has started 2 posts and replied 7 times.

Post: Multi Family Apartment in Hartford, CT

Jesus OrbeaPosted
  • Rental Property Investor
  • Posts 7
  • Votes 6

@Steve K. Wow thanks a ton for this post and all the valuable information. Much appreciated!

Post: Multi Family Apartment in Hartford, CT

Jesus OrbeaPosted
  • Rental Property Investor
  • Posts 7
  • Votes 6

@Michael Noto Hey Michael thanks for responding. South end between Trinity College and Wethersfield.

Post: Multi Family Apartment in Hartford, CT

Jesus OrbeaPosted
  • Rental Property Investor
  • Posts 7
  • Votes 6

Hello All,

I am considering investing in a 14 unit apartment building in Hartford, CT. I’m looking for advice on the Hartford market in general. Is this a place that is wise to invest in if I am looking for cashlow AND appreciation?

Post: Buying a multi family apartment deal

Jesus OrbeaPosted
  • Rental Property Investor
  • Posts 7
  • Votes 6

@Gregory Schwartz thank you all for the feedback. This is the first time I have posted anything on BP and the responses have been excellent.

Post: Buying a multi family apartment deal

Jesus OrbeaPosted
  • Rental Property Investor
  • Posts 7
  • Votes 6

@Joseph Cacciapaglia Thanks Joseph. One of the Grant Cardone books I read recommended nothing smaller than 16+ units, that is really is the only reason why. If you have a different opinion please share! Thanks again!

Post: Buying a multi family apartment deal

Jesus OrbeaPosted
  • Rental Property Investor
  • Posts 7
  • Votes 6

@Bjorn Ahlblad @charles

Thank you gentlemen for you input here!

Post: Buying a multi family apartment deal

Jesus OrbeaPosted
  • Rental Property Investor
  • Posts 7
  • Votes 6

Rookie investor here. I am 34 years old with 3 little girls. No debt besides my mortgage and the mortgages of my two rentals. I own 2 single families already that I rent out and have saved the last few years to invest in a larger deal.

I have explored single family turnkey with Spartan Invest and MidSouth Home Buyers and that route seems decent. However, the more I read and listen I believe that my strategy wants to be to invest in a 16+ unit apartment complex.

I have the cash for the down payment and asking BP if you were 34 again and had the opportunity to buy a larger deal or buy multiple smaller deals (100-120k SFH turn key deals) what would you do?

My goal is buy and hold. Any advice here would be much appreciated. Thank you.