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All Forum Posts by: Joseph T. Williams

Joseph T. Williams has started 1 posts and replied 1 times.

Starting Out

Post: Multifamily Investment in New London County, CT

Joseph T. WilliamsPosted
  • Rental Property Investor
  • Charleston, SC
  • Posts 1
  • Votes 0

Hello all!

Long time member, first time poster here. I am an officer in the US Navy who will soon be stationed in Groton, CT. Coming from South Carolina and California, property in this area seems to be fairly affordable, and back-of-the-envelope math on at least a few on-market properties seem decent. My plan would be a multi-family house hack for the time I am stationed there transitioning to a standalone rental property. My question to y'all is, aside from the high property tax rate, and increased heating expensed, are there any other big factors I may be failing to consider in my analysis? Does anyone here have firsthand experience in this area and have any recommendations for someone in my position?

Best regards,

Joseph

0 Votes