All Forum Posts by: Adrian Gallant
Adrian Gallant has started 1 posts and replied 2 times.
Post: Is it a good idea to only own 1-2 multi families?
- Posts 2
- Votes 0
Hello Johnny,
I would estimate I’ve analyzed anywhere between 100-125 properties. It’s hard to find properties that cash flow 100-150 per door. My “why” is to simply diversify my income streams and obtain an asset or two. My plan was to straight sell whenever I saw fit.
I would also like to know if the hassle of being a landlord is worth it when I plan to only own 1-2 investment properties.
On the rare occasion I do find a good deal, it’s sold within a day or two!
Post: Is it a good idea to only own 1-2 multi families?
- Posts 2
- Votes 0
Hello, I have been searching for two-three family properties in the Bridgeport CT area for the last year now with minimal luck. I have expanded my radius to include:
Bridgeport, Stratford, Shelton, Derby, Ansonia, Milford, and West Haven.
I am beginning to get discouraged. Part of me is wondering if investing in 1-2 multifamily properties is even worth the hassle? Would the cash flow be worth the time and effort required to maintain these properties? It’s hard enough to find a deal right now, I’d hate to have ended up wasting all my time in the end if I even manage to purchase a property or two.
Thank you!