All Forum Posts by: Thomas Slifka

I would Google or use ChatGPT to get recommended pest control schedule for your area. I'm in Connecticut and do my own. I do the house 2x/yr and the yard once. If it's still an issue, either you or the tenant can do it yourselves for under $100 and 15 minutes of walking the yard with a bag of GrubEx in a broadcast spreader.

@JD Martin I'm in CT with high taxes, low appreciation rates, nobody moves here, and no forecast for growth. I read that Tampa/Orlando had growing economies, schools, tourism, good appreciation rates, etc. Initially I wanted an Orlando STR, but this forum discouraged it based on the limited time I want to invest. I'm comparing it to investing in stocks. ChatGPT says $75k in stocks would be $237k in 15yr, and a rental would be $400k. I made very conservative estimates on rental to get those numbers. I appreciate your advice. I'll ask my local realtor/investor friends to try to sell me on a local rental property.

I live in Derby and am a nurse at Bridgeport Hospital. I think credit and income correlate more than political affiliation. The Yale professors and medical school staff along with most of SW Connecticut probably aren't defaulting on loans.

Looking to buy first rental in Orlando or Tampa from Connecticut. I've stocks over real estate guy, but I've maxed out 401k & IRA. Only debt is primary residence mortgage at 2.0875%. Have about $120k cash and an extra $3500/month I've been putting into a taxable stock account. My local realtor hooked me up with some experienced investors in Orlando. I'd like to buy a newer townhome or house around $300k and have property manager handle yearly leases. Looking for long term appreciation, don't need cash flow.