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All Forum Posts by: Mack Bailey

Mack Bailey has started 17 posts and replied 87 times.

Post: CT multi family house hack

Mack BaileyPosted
  • Simsbury, CT
  • Posts 87
  • Votes 13

@Rachael Agruso thanks for reaching out. I would love to here about your experience finding a property in Windsor locks

Post: CT multi family house hack

Mack BaileyPosted
  • Simsbury, CT
  • Posts 87
  • Votes 13

I am having some difficulty narrowing down my options of locations to invest in. I have a few mentors that are all based out of one area (windsor) that are pushing me to invest there but I have not been able to talk to anyone else about other possible locations in close proximity to my work. Anyone knowledgeable on the market in Northern Connecticut would be very appreciated

Post: What is your CoCROI?

Mack BaileyPosted
  • Simsbury, CT
  • Posts 87
  • Votes 13
@Brandon Sturgill great information thanks

Post: What is your CoCROI?

Mack BaileyPosted
  • Simsbury, CT
  • Posts 87
  • Votes 13
For you buy and hold investors out there. What is your average CoCROI for a single property? Add how many units and any other information that would make sense to add. Also what is the difference between CoCROI and RoI?

Post: FHA loan questions here

Mack BaileyPosted
  • Simsbury, CT
  • Posts 87
  • Votes 13
@Michael Noto great thanks

Post: FHA loan questions here

Mack BaileyPosted
  • Simsbury, CT
  • Posts 87
  • Votes 13
I've been looking at FHA loans to househack a multi-family and had some general questions. Theres a minimum of a 3.5 down payment, could this be higher than 3.5? Say 10% or 20%? If I pay the 3.5 and saved the other 16.5% for reserves could I pay more down later?

Post: Property management Springfield, MA

Mack BaileyPosted
  • Simsbury, CT
  • Posts 87
  • Votes 13
@Richard H. @Felipe Pereira has a great business and manages tons of properties in CT. He also has an agent's license and a few properties himself. Cant reccomend him highly enough!

Post: Central Connecticut Meetup!

Mack BaileyPosted
  • Simsbury, CT
  • Posts 87
  • Votes 13
@Scott Hollister when and where is this happening?

Post: What’s your investing strategy of choice... - and why?

Mack BaileyPosted
  • Simsbury, CT
  • Posts 87
  • Votes 13

@Josh Coleman that about brings me up to speed thanks!

Post: Health insurance as an investor

Mack BaileyPosted
  • Simsbury, CT
  • Posts 87
  • Votes 13
@Eamonn McElroy That's very interesting I'll look into that for sure