All Forum Posts by: Heather Armoogam

Thanks for posting 

@Mat O'Grady, thanks for responding. My quote was a bit less, considering I don’t have a well, so I guess my quote is in line.

Can anyone tell me the average cost of a home inspection for a 5 family?

1bed / 1bath units

Square footage = 2,486

Year built = 1900

I got a quote that seems pretty high.

@Filipe Pereira, great!! Thanks for responding.

@Filipe Pereira, what local CT bank(s) do you recommend?

@Filipe Pereira, thank you.

@Filipe Pereira, does CT state law specify a certain interest bearing %?

Now-a-days, banks barely want to give customers a penny on the dollar. Idk how the state believes tenants will make much interest on their security deposit. Seems pointless to put security deposits in an interest bearing account.

@Joe Villeneuve, thanks for responding. Ok, I got it. The short of it is to invest as little of your own money into a deal in order to recoup your investment faster and make profits thereafter.

@Joe Villeneuve,

Would you recommend a buyer put a 20% DP if he/she can? Wouldn’t a 20% DP increase cashflow and equity; especially if the buyer got a good interest rate?

@Victor N.

Hi Victor, thank you for sharing your experience with CTREIA as well as your friend's experience. I'm glad to hear of your friend's success and the support of the coaches. Investing in RE can result in huge financial implications. Having an experienced coach to guide me will help me avoid many REI pitfalls.