In the 2021 time, New York investors thought they should be greedy and buy up all avaiable multifamily in Hartford.

Back in 1965, I managed 135 rental units in the worst parts of Springfield Mass and as far as Hartford Connecticut. 

Properties in West Hartford, Avon, Simsbury, Farmington and to some extend Bloomfield are going for $100,000 + over asking price with 5 -10 offers within 24 hours of an open house with all offers having NO contingencies, no inspections, and the majority all cash so no financing.  

I’m purchasing a fully renovated, vacant 3-unit multiplex in Hartford, CT, for $450K.

We are seeing these developed rapidly around here - West Hartford, Simsbury, Avon, Farmington the list goes on. 

The Hartford 

After swallowing some lumps thanks to one thread I posted back in April, I should (crossed fingers, no blown furnaces or sheard off roofs) be in a good position next year to reinvest.This is hopefully not a beat the dead horse, "where is the best cash flow in X" post, more of a strategy question for anyone who knows the market in CT.Here is what my limited knowledge/intuition tells me: Waterbury, Bridgeport, parts of Hartford cash flow best because of the inherent risk, lower fairfield county cash flows worst (today) because of NYC effect on price/rent, and there is an in-between SOMEWHERE.I think that somewhere is in the central part of the state between route 8 and 91 north of new haven, east of waterbury.

Hello Bigger Pockets Community,I am a rookie investor from Connecticut, Hartford County area.

I continue to scratch my head watching investors from New York and Boston whenever I meet them at Foreclosure Auctions in Connecticut. They are almost always guaranteed to overpay for properties and lose money in the ...

I am in Hartford Connecticut.