All Forum Posts by: Filipe Pereira

I will be there!

Christian..."it depends". I know the answer sucks, but it's the truth. I work with investors in the south end of Hartford, but you coulnt pay me enough to manage property in the North End. My advice is to find an agent that is also an investor, and who has the heart of a teacher. Feel free to PM if you need some contacts.

Hi Daniel, because the second house will be considered an investment property, you would need to put down 25%. If I were you, I would sell your current house and buy a MFR and live in it. Let me know if you have any questions, have a MFR in EH.

In my experience, those who charge a lower gross rent percentage have higher fees for everything else, and markup any work being done. I also have yet to meet any PM that carries professional laborer licenses. I recommend you find someone with a flat percentage fee and agree to a clear set of terms before signing anything.

@Richard Diaz you should 100% speak with @Rick Santasiere! 

Get a good PM and all it will take is money. :) No "stress". 

I'm curious - why is the deferred maintenance an issue? Are you concerned you won't have the capitol to have the improvements done? @James Denon

@Rick Santasiere shared this on social media today. More evidence...pun intended!
http://fox61.com/2017/03/08/16-people-charged-as-part-of-fbi-and-police-investigation-into-hartford-street-gang/

Great information today folks! Well done, as always. It was great to see y'all once again. 

I agree with Michael. Be patient, the deals are out there. I paid 200K for my 4plex in East Hartford last September, the gross rents are around 3850. I paid full retail for it, but still feel pretty good about the numbers at the end of the day. Find yourself a good Investor-friendly agent that can help you. The best deals are often found off market. It pays off to find an agent that is "in the know". Touch base with @Rick Santasiere if you need help on that front. 

In terms of Turn Key outside of CT, I've heard good things about "memphis invest" out of TN.