Updated over 8 years ago on . Most recent reply
New invester couple in Groton Connecticut
Good evening BP!! My wife and I are of course new to the REI world. I mean why else would I be posting in the "New Member Introductions" form?? HAHA We are not originally from New England, we are both Mid West transplants. Go Packers!
We currently have one commercial property that we've renovated for my wife's practice with a few offices that we still need to rent. We also own our primary residence which I sorta house hacked for the first 3 years we lived there.
We have plans for purchasing 3-4 more properties in the next 5 years. We plan to buy, rehab and hold SFH or MFH for cash flow with an ultimate goal to have several mixed use units WAAAY down the road.
We both have JOBs and as of right now don't plan on doing this full time, but that will depend on how all this goes.
Joining BiggerPockers seemed like a no-brainer. I wish every decision in REI was that easy! I have been living on this site for the past couple months now reading and learning and finally decided to post an introduction here.
Thank you everyone in advance for all the information on this site, it really is an indespensible resource!
- David Wolber
Most Popular Reply
@David Wolber, I like the employment markets. Defense industry with Sikorsky, GE, and the naval and coast guard presence. I like the proximity to major markets, Boston and New York City. I also like the proximity to sub-major markets, Springfield, Providence, Bridgeport, Hartford, even New Haven to a degree.
Median household income is higher which is a plus, of course that drives the housing market which can be both good and bad.