New Investor in Connecticut
Hi all! I'm new to the forums. I've been interested in REI for rental properties for some time and have begun reading "The Book on Rental Property Investing".
My wife and I recently moved to CT and really love the area.
I'll be spending the next two years building up my startup capital (I've calculated that I can save approx 20K/year), researching where I want to invest and creating the necessary connections (ie -- other landlords, real estate agents, attorneys, CPAs, contractors, property management etc...). This way I can hit the ground running when I'm ready to purchase a home.
The areas I'm looking in are: New Britain, Hamden, Middletown. I saw a few of you had properties in New Britain, can anyone share their experiences? What are realistic expectations in terms of cash flow?
I'm looking forward to interacting with you all!