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All Forum Posts by: Julie N.

Julie N. has started 5 posts and replied 255 times.

Post: Where to invest - near where I live or another state?

Julie N.Posted
  • Real Estate Investor
  • Unionville, CT
  • Posts 260
  • Votes 166

@Asim Sheikh. CT is a good place to invest and my units never sit vacant. As a state Employee- I work and have worked for various large agencies with a gigantic Employee base who aren’t going anywhere at least until retirement. State benefits/pay/retirement plans almost guarantee this. Not everyone is employed so beneficially though. There are lots of CT residents who don’t have jobs in big business or professional areas who need to live in Ct and provide for their families. Moving out of state isn’t an option.

This year that has actually been an influx of out-of-state residents entering the market and establishing residency.

CT is a great place to invest. However, I wouldn’t be able to manage my own properties the way I need to living from afar unless I went with a management company. With that eating into profits- is it worth it?

You’ll have to decide what works best for you. As Someone who grew up in Long Island, I know RE prices are crazy. CT is more affordable which meant I can get in the game years ago. I guess it depends on how much cash you have to invest and what the returns would be.

Post: Short term rental close to hospitals

Julie N.Posted
  • Real Estate Investor
  • Unionville, CT
  • Posts 260
  • Votes 166

I rent to travel nurses all the time.  Get on some of the fb pages for travel nurses and start to research where their housing needs are in relation to your area hospitals.  Nurses will post on the pages looking for house in the area with their contract dates.  They often need housing fairly last minute as contracts aren't often solidified too far in advance.

Post: Female Property Inves./Landlord on the verge of leaving the busn

Julie N.Posted
  • Real Estate Investor
  • Unionville, CT
  • Posts 260
  • Votes 166

@Deisy P. Stick with it girl! I started in this business as a single Mom of a 3 year old. I’m still going strong. What started as a side hustle has grown and has overwhelmed me at times as I work a full time job. The key is to find your team- handymen/ junk guys/plumbers/electricians etc. I have found lots of good professionals in my local fb pages. I have also done some very costly cap/ex repairs where I have had to finance them to get through some of the harder times. It’s a lot on my plate but it’s part of the business. I also have my Realtors license so I can earn commission when buying my investments.

My daughter is now 15.5 and the lessons I have shown/taught/modeled to her are immeasurable. Go check out your local REIA- listen to all the BP podcasts and you'll do great! Keep at it!

Post: Renting to Traveling Healthcare Workers?

Julie N.Posted
  • Real Estate Investor
  • Unionville, CT
  • Posts 260
  • Votes 166

I love my travel nurses!  The are responsible tenants and leave my units immaculate!  You can advertise on FurnishedFinders.com for $99/yr or just advertise your listing for free on the ff fb page.  I have done both.  When I have paid the yearly fee, the Nurses find me.  When I have just advertised my unit on the fb page, I often had to troll to look for Nurses when they posted that they were looking for housing in my area.  Either way was successful though, at least for me. I am slowly converting more of my units into medical housing since it has been so great.  FB also has various travel nurse pages that I would suggest you join.

Post: Eviction dismissed with prejudice

Julie N.Posted
  • Real Estate Investor
  • Unionville, CT
  • Posts 260
  • Votes 166

@Latonya Hinton I would do what’s right and pay what is owed. Next month if you don’t pay - you can be sure the landlord won’t be leaving the room.

Post: Where to invest - near where I live or another state?

Julie N.Posted
  • Real Estate Investor
  • Unionville, CT
  • Posts 260
  • Votes 166

@Asim Sheikh I live in CT now and am from Long Island. I can’t possibly imagine too many properties cash flowing on LI unless it’s in a lower area. House prices and and taxes are crazy down there.

I have 10 doors in CT and I’d never be able to purchase on LI with 20/25% down. I can afford CT though. Of course our financial situations may be a completely different story and then it’s apples to oranges....

Post: Short Term Rentals to Traveling Nurses

Julie N.Posted
  • Real Estate Investor
  • Unionville, CT
  • Posts 260
  • Votes 166

@Michael Ablan I also rent to traveling nurses and many have stated (on the traveling nurses fb pages) that when asked to do screening etc they just don’t rent from that person. The agencies do screenings that they work for. I’d just ask to get a referral from their recruiter instead or There’s a lot of business that you’ll be missing out on.

Post: Can I have a early check-in? How do you respond?

Julie N.Posted
  • Real Estate Investor
  • Unionville, CT
  • Posts 260
  • Votes 166

@Nancy Bachety if you can accommodate it then say “sure... early check in will be X dollars...”and see what they say

Post: Wholesale Contract - Is this legal?

Julie N.Posted
  • Real Estate Investor
  • Unionville, CT
  • Posts 260
  • Votes 166

@Thomas Moran I’m guessing you agree to purchase the house since it was a good deal. So who cares how much the other guy makes on it? He did all the leg work to bring it to you. You probably could have done the same thing if you wanted to. If it’s still a deal then why pull out?

Post: Shady Agent or is it just me?

Julie N.Posted
  • Real Estate Investor
  • Unionville, CT
  • Posts 260
  • Votes 166

@Ruben Vega you signed a Buyer Broker Agreement which you have to sign when working with an Agent for them to represent you. It’s the Norma process. Just ready your dates next time because now your bound to them.