Noor B.
questions about 7 unit mulitfamily in CT
24 November 2013 | 7 replies
Hi,We are in the process of looking for our first deal in the CT area, and I came across this property on craigs list:asking price: $229,000 7 unit victorian built in 1880, in broad bank, CT (small town near hartford)some seller finance: 60,000 @6% 15 or 20 years (which would be great since we do not have a lot of capital to start with)Gross rents: 59,700Here is where this does not appear to be a good deal:electric: $6,390oil:11,167.31water: 1,825trash: 2,562snow 510sewer 2940taxes 6497insurance 4000and i would also add in property management: $450and repairs: $450the tenants are month to month and rents are somewhat below marketand there is laundry in basement for extra income.So basically the owner pays ALL utilities on this property.Question is though, how difficult would it be to change the electricity and oil to separate meters and how difficult would it be to start passing that on to the tennants?
Terry Fox
Buying rental properties in a flat or down market
25 June 2014 | 9 replies
Southington to be exact, which is not far from Ellington.You are right in that the market in Hartford County and surrounding is flat at best.
Ronald H.
Need home improvement Contractor for Inspection of home in CT
11 July 2014 | 4 replies
HiLooking for a home improvement contractor to conduct Home Inspections in and around the Hartford Connecticut areas.
Rayna Acampora
Investor Friendly Realtors in CONNECTICUT
2 July 2014 | 4 replies
I am a real estate investor looking for investor friendly real estate agents in the Hartford and New Haven areas.
Jonathan Pliszka
Hartford, CT / Springfield, MA area Property Managers
28 July 2014 | 1 reply
Does anyone have any recommendations for property managers in the Hartford and Springfield area?
Charles Manuel
New Western Mass Real Estate Investor In Souther Berkshire County
4 August 2014 | 7 replies
I don't know of an active one in the Springfield area, except for the CTREIA in the Hartford area.
N/A N/A
What do you think of this for a first time investor?
22 January 2006 | 2 replies
List price $264,900.Haven't tried to bargain at all yet, not sure how flexible he is on price.No money down.At 6% the calc I used says $1588 for the monthly payment.3/2/1 bedrooms2,777 sq/ftNext town over from Hartford, CT (capitol city, a lot of high paying jobs there and this town being quiet but close to the city gets a lot of families that need to live close to work)Owner (he's also the agent) says its fully occupied, tenants are all long term.
Steven Daley
Intro From NY/CT
20 September 2009 | 3 replies
Welcome Steven,I am local to you in the Hartford, CT area.
Kyle Samuel
Investor from North Haven, CT
7 March 2014 | 12 replies
The house I am about to buy is in West Hartford.
Andre S.
Hartford County CT
5 March 2014 | 0 replies
Hi all - I am looking for a licensed GC to do some work in the hartford county (manchester) area.