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All Forum Posts by: Tyler Hespeler

Tyler Hespeler has started 5 posts and replied 46 times.

Post: Looking to Connect in the Lowcountry

Tyler HespelerPosted
  • Real Estate Agent
  • Mystic, CT
  • Posts 48
  • Votes 13

Hello BP community,

I've been an RE investor for a few years and just relocated to South Carolina. Looking to connect with some agents and investors in the Beaufort, Bluffton, or Hilton Head area. Are there any REI meetups in the area?

Post: BRRRR in New London Connecticut still in progress

Tyler HespelerPosted
  • Real Estate Agent
  • Mystic, CT
  • Posts 48
  • Votes 13

Nice work!

Post: New to the game, Looking for advice

Tyler HespelerPosted
  • Real Estate Agent
  • Mystic, CT
  • Posts 48
  • Votes 13

Hi @Patrick McGrath and welcome to the game!

I'm an investor and agent in Southeastern CT and be happy to work with you or fill you in on the area. Like most places, it's a super competitive seller's market but I was actually just able to have a client house-hack in a triplex in Groton thanks to some creative negotiating on both our ends. So there are definitely deals out there! Feel free to shoot me a message or reach out.

Post: Can anyone reccomend a real-estate friendly CPA in Connecticut?

Tyler HespelerPosted
  • Real Estate Agent
  • Mystic, CT
  • Posts 48
  • Votes 13

Hi Jill,

I have used Ted Lanzaro for the past few years and I would recommend him. 

Post: Looking for CPA in Connecticut specializing in Real Estate

Tyler HespelerPosted
  • Real Estate Agent
  • Mystic, CT
  • Posts 48
  • Votes 13

I've used Ted Lanzaro as Mat mentioned and I'd highly recommend. He also wrote a book called "The Tax Smart Landlord" which was a quick and useful read.

Post: House hack #2 Portland Connecticut

Tyler HespelerPosted
  • Real Estate Agent
  • Mystic, CT
  • Posts 48
  • Votes 13

Glad to see you are still crushing it my friend!

Post: Groton, CT Househack Analysis

Tyler HespelerPosted
  • Real Estate Agent
  • Mystic, CT
  • Posts 48
  • Votes 13

A lot of the work I used to myself but lately I have been hiring out. I use Ceil Plumbing and then RR Property Maintenance for most of my odd jobs. My father is an electrician.

Post: Groton, CT Househack Analysis

Tyler HespelerPosted
  • Real Estate Agent
  • Mystic, CT
  • Posts 48
  • Votes 13

Hi @Max Collins and welcome. Looks like you did your due-diligence here. I like the numbers you chose and I personally set aside 20-25% for vacancy, capex, and repairs and I have been so far very pleased with my returns. Have you run your numbers through the BP calculator? I think you get 5 free uses as a standard member. When I was starting out I used all five and they were helpful. It's amazing how much wealth you can accumulate by house-hacking. I wouldn't overthink it too much since in reality you'll be slashing your cost of living expense. Good luck!

Post: Buying a property to house hack

Tyler HespelerPosted
  • Real Estate Agent
  • Mystic, CT
  • Posts 48
  • Votes 13

Hi @Manuel Alejandro ruano I am realtor and investor in southeastern CT. I've got four units. What area were you looking to get into?

Post: Places to invest in Connecticut

Tyler HespelerPosted
  • Real Estate Agent
  • Mystic, CT
  • Posts 48
  • Votes 13

Hi @Johnny H. I am a realtor and investor with 4 units in the Mystic/Stonington area. Prices are a bit higher but there is a large demand for jobs between the Sub Base, Electric Boat, National Guard, casinos, etc. I am in the long-term and short-term rental business. Happy to chat about the local market here if you have any questions.