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Paul Stansel
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Any Tolland County groups?

Paul Stansel
Posted Jan 16 2021, 06:34

Hey all, I'm new to this so forgive me if my terminology isn't great. We are looking for our first investment property in the Tolland County area, especially in/close to Vernon (where we live). I'd like to talk to other owners in the area because I know there are absolutely some areas that need to be avoided. The problem is of course that most of the multi-families for sale that I've found are in those areas :). I've seen a lot of activity and chatter about the coast (New Haven, Bridgeport, etc) and obviously around places like Storrs but not so much for my general area. Is there any "local" REI group that meets where I might be able to learn? Thanks!

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Scott Hollister
  • Rental Property Investor
  • Connecticut
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Scott Hollister
  • Rental Property Investor
  • Connecticut
Replied Jan 16 2021, 06:43

Hello Paul, I co-host the central ct meet up. Paused during covid this past year. Let’s jump on a call to see if I can help. 

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Paul Stansel
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Paul Stansel
Replied Jan 16 2021, 15:28

Thanks Scott I will!

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Natasha Dillon
  • New York
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Natasha Dillon
  • New York
Replied Jan 19 2021, 10:52

Hi, curious why Tolland? (bc you are close or another reason?)

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Paul Stansel
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Paul Stansel
Replied Jan 19 2021, 11:58

Yes... personal closeness and some family reasons. Ultimately some of my renters may be my kids so I wanted them to have a shorter commute to jobs. Tolland (the town not the County) is also considered to be a little nicer than Vernon (though also a little more rural) so it would be a different type of renter generally.

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Jaysen Medhurst
  • Rental Property Investor
  • Greenwich, CT
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Jaysen Medhurst
  • Rental Property Investor
  • Greenwich, CT
Replied Jan 20 2021, 05:36

@Paul Stansel, I grew up in Manchester and know the area pretty well. There are properties in and around Storrs, but it's really hit or miss, since it's so rural. I have a bunch of family in Tolland. You're unlikely to find suitable investment properties there since home prices are relatively high and I believe the town has a 1-acre deed restriction. MFR are very rare. Willimantic has quite a bit of stock, but, well it's Willimantic.

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Filipe Pereira
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  • Property Manager
  • Windsor Locks, CT
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Filipe Pereira
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  • Windsor Locks, CT
Replied Jan 20 2021, 08:55

@Scott Hollister is the guy to talk to for anything east of Manchester @Paul Stansel, so you will be in good hands there. Generally speaking, downtown Rockville is the least desirable area of Vernon, but I am sure you already know that. 

Happy hunting!

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James McCard
  • Investor
  • New Hartford, CT
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James McCard
  • Investor
  • New Hartford, CT
Replied Jan 29 2021, 12:27

Paul I think I may know you are you a regular customer of a garage in Canton CT?

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Replied Jan 29 2021, 13:02

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Paul Stansel
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Paul Stansel
Replied Jan 29 2021, 13:04
Originally posted by @James McCard:

Paul I think I may know you are you a regular customer of a garage in Canton CT?

That would be my father ;)

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Paul Stansel
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Paul Stansel
Replied Jan 29 2021, 13:06
Originally posted by @Filipe Pereira:

@Scott Hollister is the guy to talk to for anything east of Manchester @Paul Stansel, so you will be in good hands there. Generally speaking, downtown Rockville is the least desirable area of Vernon, but I am sure you already know that. 

Happy hunting!

 Yeah, I don't want to be a Rockville slum lord unfortunately because that's where almost all the inventory seems to be.