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All Forum Posts by: Simon Obas

Simon Obas has started 101 posts and replied 196 times.

Post: Need inspector and attorney in New Britain CT

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

Hello, any recommendations for an attorney and an inspector in New Britain CT? Just got my offer approved for a triplex!

Post: If I don’t have cash flow?

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

@Patricia Steiner How can I find about about the Appreciation of the property?

Post: If I don’t have cash flow?

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

@Patricia Steiner thank you for responding. I greatly appreciate it.

Post: If I don’t have cash flow?

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

@Theresa Harris thank you for responding. I greatly appreciate it.

Post: If I don’t have cash flow?

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

@Jeff Grove thank you for responding. I greatly appreciate it.

Post: If I don’t have cash flow?

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

If after all expenses are paid but I don’t have cash flow, is it a bad deal? Looking into buying a triplex for $370k. Looking to house hack for a year then moving out.

Post: Anyone familiar with investing in Hartford CT area?

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

Greetings y’all! I’ma new investor looking to house hack in the Hartford CT area /surrounding towns! Anyone know the area well and able to tell me the areas to avoid/go to? Any help is helpful. Thank you.

Post: Help me analyze a deal.

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

Hello I am a new investor and I’m about to make my first purchase. I’m wondering if someone can help me analyze a deal. I’ve used the BP calculator but I just want to double check. I’m buying a triplex for $278,000 (putting down 3.5 %), each unit will rent for $1350. I plan on living in one unit. Property taxes are $6027. We are going to ask the seller to pay the closing costs. Interest rate is 4 %, I believe the mortgage will be $2290. Im interested in knowing if this property will cash flow. Any help would greatly be appreciated. Thank you.

Post: How do I make a proper offer?

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

Hello, I found a triplex for $299,000 and I would like to make an offer. I’d like to know what should I take into consideration for making this offer?

Post: How much should I spend on my 1st duplex?

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

@Michael Noto sounds good. Thank you.