All Forum Posts by: Account Closed

Yes, we plan on doing that for our first year, once the tenants move out on the third floor. We have to discuss that but they mentioned they're looking to move.

Hey everyone, after searching for a while I decided to get my feet wet and partner up with a good friend of mine. We have our eyes on a triplex and we both really like the numbers. It's not in great condition but all three units are being rented at the moment. Would love to hear everyone's opinions on this deal and hopefully we can catch something I may be missing. Price: $160,000 Current Rental income Unit 1 - 1000 Unit 2 - 1300 (section 8 & only unit with a lease) Unit 3 - 800 We spoke to all tenants and they are all fond of staying for at least another 2 years. Unit 3 is unsure how long but is planning on staying as well. Property Taxes: $6215 ( one of the highest tax rates in the country I believe ) With an FHA we're planning on putting 5% (8k)down and calculate closing costs to be around $3500 All separate hookups. Tenants have been here for around 2-3 years each. New roof, floors and walls had some renovations 2 years ago, but the second floor ( unit 2) seems to be in a bad situation. They're happy with it apparently but the kitchen floors and walls are horrible. Along with uneven wood flooring in 2 bedrooms. It would need new paint and new flooring when they move out or in the next 2 years I suppose. Other than that, nothing functionally wrong. The mortgage will be around $1100 Rental income is $3100 There's some new development around the corner and some luxury building projects popping up around town. We're expecting the area to raise in price over the next 2-3 years. To me the rental income is great. Does anyone see anything wrong with this deal? Lastly, has anyone had experience when investing in a rental property with a partner? We're thinking of 60/40 or 50/50 If 60/40 is the case. And I put down 60% what else is expected of me? It seems fair that I should put in 60% of the work as well correct? And if any renovations or repairs come up? Should we be doing 60/40 for everything if we begin at 60/40? Thanks for any help and advice!

Hey Aquila Oliveira I'm a wholesaler and I would love to find out exactly what you're looking for. That way I can find deals that are beneficial to you specifically. Would you be interested in joining my list?

Hey Deondra Carter I'm in Fairfield county and I would love to have a chat and see exactly what you're looking for. I'm into wholesaling and I think I may be an asset to you :) If you're interested just let me know.

Hey Owen Clancey & Lisa Canosa I'm an actually a wholesaler along with a few other things I do. I am in the works of getting my RE agent license. But I also work with a few investors and do my best to link them up with what ever they are looking for. I have a few resources to help me find what my clients need. If you two are interested you can contact me and I can see what exactly you need. This way we can get started fining you some deals ASAP!

Hey Travis Lloyd if you're interested in me sending you some wholesale deals fee free to reach out. I'm located in Stamford, CT and I am currently working with a few investors helping them find deals that fit their portfolio. Would you like to join my list?

Rick Santasiere most likely I'll be going with Keller Williams in Stamford. Thanks ! I look forward to contacting you in the near future

hey guys, me and my team have been doing some wholesale deals lately, were focusing on the Fairfield county area mainly. If anyone wants to join my list feel free to reach out to me, We'll do our best to fit you with exactly what you're looking for! :) 

Hey Mike R. & Kevin Hunter & Sara Ferrier I'm located in Stamford, CT and I will be finalizing my real esate license over the next 1-2 months. BUT, I am also helping investors find great deals. If anyone is interested we can chat a little and I can find out what you're interested in. I would love to sit down with anyone who's interested in order to get them the deals they're interested in :) Thanks!

Hey Christopher, me and my brothers actually do a little bit of lawn care. We're located in the shippan area and we would love to get in contact with you if you haven't found anyone yet. We have experience with lawn mowing, shoveling, raking and applying mulch. Very little flower planting skills but we'll get the job done for sure. Contact me at (203) 979-3020 Thanks!