All Forum Posts by: James McCard

If you are looking for a low risk type thing perhaps teaming up with a seasoned investor looking for funding for deals may be a good avenue - you would make some money and get your feet wet at the same time. 

It would be a win win for both of you - at the end you get to start out with more money and the seasoned investor can take you under his wing a bit - plus they get the financing needed for a project. 

Good to hear others in CT are doing well - I am just getting started on my real estate investing journey but I hope at some point to be out there killing it like you!

I think it is one of those things that you just have to suck up and handle. It will also show the tenant that you care. 

I have been using Lending Club for a few years now - 25 dollars a week - initially the returns were great. I wondered how is it this easy... now with defaults and late payments I am down to 4.5% return on investment. My savings account over at Netspend pays 5% interest - just only up to 1k though. 

I unfortunately have to echo others words - unless something changes drastically I do not know that I will keep investing with them long term. My goal was to get to a point where the P&I could afford me to buy one new note a month and then a week... etc etc. Keep that money turning over and making more money. Lately I do not think that is such a great idea anymore. 

I might have a connection for you as far as a Carpenter/GC send me a message and I will give you his info. 

My sister is up there - she lives in Biddeford if I am remembering correctly. She owns 2 single families on one plot of land in OOB. Full disclosure she works full time and has 3 babies so I do not know if she will be of much help - PM me and I can put you guys in touch. 

I am not a property manager but I would tell that person to go F--- them self

@Dave Houser you let me know and we can go from there!

Sounds good - I would be happy to put our heads together on something as well. 

@Dave Houser I am in the area - I tried last year to put something together for the NW corner - there is definitely an interest. I have been attending the ones for Central CT hosted by Jacob as well.