All Forum Posts by: Jack D.

Thank you @Dmitriy Fomichenko.  I appreciate your reply and the list.  Be well. 

@Taylor L.and @Carl Fischer. Thanks for the replies.  It is great to hear your experiences and expertise.  Appreciate you taking the time. 

@Brian Eastman thank you very much for the reply and the guidance.  Very helpful.  

Hello all. Curious if anyone can share experiences with borrowing in a Self Directed IRA with a non recourse loan? I am in CT and learning all I can about investing in a SD IRA and would love to hear if anyone could recommend a lender.
Thank you all for your time.  

@Ryan Thank you.  I am going to do my best to get there.  Appreciate it. 

@Ryan Luby

Hello @ryanluby.  Would you mind putting me on your invite list for your local meetups?  I have my first property in Hamden and am looking to invest each year in New Haven  county.  Would love to connect w your group.  Thank you.  Jack. 

Hi @Wendy Liu,

The property has done well so far. It is located about half way between Yale and quinnpiac university.  I have noticed a lot more multifamilies coming on the market lately and prices are inching down but need to come down more in my opinion, especially in  the nicer new haven neighborhoods.  Taxes are definitely an issue so you have to look at a lot of properties and be aware of the property taxes. 

Thank you @Scott Wolf for the reply.  Hopefully he has better luck there.  I am hoping to keep investing in the area as Yale, Quinnippiac College and SCSU are a good draw.  

Good luck to you. 

@Scott 

@Scott Wolf I own one property in the New Haven CT area and looking for 2bd now. Do you mind sharing why your contacts advise you to “RUN”?  

Is it a matter of high prices or a function of the state of CT?  

Thanks for your time. 

Jack

Matt.  I bought my first 2 unit in Hamden last year.  Had trouble w insurance search also.  Amazing the range of quotes.  Did find something reasonable through a broker. 

I was able to set up an acct for my tenant security deposit with a W9 at Patriot Bank.  Think closest one to you is in Milford.  Tenant did not have to go to bank in person.