All Forum Posts by: Karin Crompton

Welcome, @Sandeep Agarwal. I only know Waterbury in a broad-brush way but would caution you not to be star-struck by the prices. They are low for a reason. Also, check out the mill rate and the taxes - ouch. That's not to say there isn't money to be made, but I'd say it's a city where you really need to know it in a street-by-street  way. I believe @Michael Noto is someone who either knows the city pretty well or can steer you towards someone who does.

Welcome, @Mary Alling! It's great to see a fellow SECT resident on the forums. You've found the best site to visit, hands down, for education and networking. Check out the podcasts as well; there are tons of interviews with buy-and-hold investors. Best of luck!

Hi, @Amanda Comeau!

I don't have an educated answer on this subject, but I do know there have been at least a couple of podcasts on the topic in general (check the blogs, too). There admittedly are not many mobile home parks in CT, but it certainly seems an affordable way to go for folks who wouldn't otherwise be able to buy a house in this pricy state. And if it's a nice unit in a well maintained park, seems like it would potentially work for a rental, too. But again, I'll leave the real answers to those who know what they're talking about here!

Podcasts:

#111, with Jefferson Lilly (mobile home parks): http://www.biggerpockets.com/renewsblog/2014/06/19...

#75, with John Fedro (mobile homes): http://www.biggerpockets.com/renewsblog/2014/06/19...

Welcome, @Eric Smith! (and Samantha) It's great to see local CT folks here on BP. This is a great site for research, education and networking. Good luck!

Hi, @Stephen Bell! Welcome to the site. It's great to see CT investors, and SECT investors in particular! Best of luck in your r.e. career.

Welcome, @Daniel Jones! Man, I wish I had my stuff together the way you seem to when I was a college student. Best of luck!

Oh, WOW! I can hardly catch my breath from laughing so hard. Whew. This is an epic post. An Instant Classic, if you will.

I agree with @Steve Babiakabout not feeding the trolls, though it's resulted in high comedy in this case. And in all seriousness, I wanted to mention that, while the OP clearly had no intention of learning anything, I've gained quite a bit of knowledge on this topic from masterminds like @J Scott, @Karen Margrave and others. So guys, your advice did make its way to *someone.* But I imagine that's why you answered in the first place - not to engage a troll, but to put some info out there for others of us who are reading, absorbing, and listening (that old thing). Thanks for some spectacular information ... and entertainment.

Congrats on graduating, @Joshua Dow, and best of luck moving forward with the real estate goals!

Welcome, @Rick Santasiere! There is a great group of investors who meet monthly in central CT (Rocky Hill). Check with @Account Closed on when the next one is, and/or do a search here on BP. I recommend it wholeheartedly.

Congratulations, @Kim Handelman! What a great story about perseverance, plus it also takes some guts to share the ugly details like you did. And I've got to imagine your next deal is going to go a lot smoother!