All Forum Posts by: Shirley R.

@Thaddeus S.

The South End isn't too bad, that's true, but also the ho,mes are so old, there's so many issues all the time...

I go with buy and hold mainly for two reasons. I was raised that way, you buy and rarely sale, that is how you build generational wealth - you accumulate and pass it down. Also, flipping is more of a job than investing, I'm looking to work less and have passive income more. Though the reality is that managing these old properties is a part time job too. Especially now when I'm still stabilizing...

@Jerryll Noorden

Poor guy, @Christian Walker, tried to ask a normal question and got all this...

@Karen F. @Ralph Dixon

On the subject of tats, would you grant the tenant a one-time discount on the rent if you're actively addressing the issue?

We sealed all the mice/rats enrty points to the property and the exterminator comes every week to refresh the baits...

@Scott Hollister

Thanks, looking forward to meeting you and learning about 1031 exchange

@Scott Hollister

Hi, planning to come tonight. What is the place, a restaurant? An office? Just so I can find it easier. Thanks

I agree with @Allan Szlafrok, anyone can interpret the data anyway they want to get headlines and draw traffic to their website and ads.

Remarkably, this positive news story uses the same website as source for this "credible" info...

@Jim Cummings

Guess what's on the local news in Hartford?

Hartford Makes List For Best Places To Buy Your First Home | NBC Connecticut

https://www.nbcconnecticut.com/news/local/Hartford-Makes-List-For-Best-Places-To-Buy-Your-First-Home-507804251.html?_osource=mobilesharebar

Either way, it's ********...

@David Woz

Find a different PM for the new property. If they're better, give them the old property too.

From my experience with PM, they not only suggested the insurance cover the roof, they fought the insurance till it was paid too. A few years later they also got the same house completley resided by the insurance.

On the other hand, they charge a whole month for leasing...

I'm with @Michael Noto. I've been in Hartford for only a year now, even less, but can tell you that my goal further down the line is to get out of it and into better areas. And I didn't even have as gun in my face (yet...).

It's just the constant maintenance of the properties and the tenants erodes the bottom line in reality, despite how lucrative it seems on paper.

@Sami Gren

There are deals in Hartford, but you have to line up a property manager before you get into it, because it's Hartford is a PITA that no one is willing to manage.