Connecticut opportunity for buy and hold

[Perry Mcintyre]

Hey BP! I just moved to Stamford CT and I'm looking for apartments units so I can start investing in the Buy and Hold strategy. How can I go about finding a motivated seller?

[Dan Leyden]

Hey Perry,

I also live in Stamford, Mike is right about Stamford changing. There are some deals that pop up from time to time, but typically get bought very quickly as there are a lot of investors. Unless your teamed up with an agent, or are an agent it might be hard to find the deals that come up on the MLS. The other option is finding rundown houses and reaching out to the owners.

With all of the "luxury" places going up with various amenities you need to make sure you can price your properties under these, or offer something that they don't. 

Good luck!

Dan