All Forum Posts by: Shirley R.

@Thierry Nakoa

​I believe there's a meet up in Glastonbury 7/17 7:30 in Chili's. It's on 3rd Wednesday of every month. Personally, never been able to attend, even though I would love to. Check out @stephanie cabral, I think she hosts it

Thank you for sharing valuable information. 3500 for septic system seems very low, but I don't have experience with septic work. If I ever need one, I'm calling you :)

For schools: Glastonbury, West Hartford, South Windsor (in that order)

Were you able to stay within the $30K budget? If not, what happened?

Good luck! Don't think you'll need luck - looks great!

North end I would classify as F class. Tenants hoarding. Leaving trash everywhere on the property. Unfortunately there's a ghetto mentality there that people can't break out off. Some say it is dangerous in the north end, but I don't feel unsafe. I think being a tiny woman helps with that, cause no one sees me as a threat. However, I never wear my jewelry when I work. I lock the car and keep minimal cash. When a tenant pays cash I go straight to the bank. I don't "hang out". I do what I need to and go. Going back, I might not buy in the north end, but only because I don't see it appreciating ever. I don't think the everyday headaches are that different than on the south end.

@Jason Arcuri. Makes sense, takes 1-2 years to stabilize, especially the dumps in Hartford if you want to upgrade the conditions. Regarding the egresses, the city doesn't require 3, but the existing 2 were both in the back, so they wanted egress in the front...

@David Saget so far (1 year) the maintenance is eating most of the cash flow, but I think it will get better with time and experience. I would recommend people buy newer homes, but around these parts it's hard to find. There's some on the north end, but that's a whole other animal to stay away from...

@Mo Farraj It is a lot, but that's my job and I'm okay with it. Hartford is all c-d class. It's a learning experience and as my mom used to say, as long as the mortgage, taxes and insurance are covered by the rents - you're building wealth.

@Mo Farraj There's more: the tenant died. His wife and 3 kids left abruptly and turned off the heat and the middle of a cold snap. Can you guess what happened to the newly renovated apartment underneath? The city wants me to build a third staircase to the 3rd fl. The tenant on that 3rd fl was vacated by the city for that reason and left all her crap. It's not a full time job, but it's not Etrade either