Rarely available in West Hartford, a nicely updated historic 1893 multi-family. Make it your next home or earn a strong return as an investment property! Timeless details in the home include original hardwood fir flooring, white pine trim, wainscotting, stained glass, rear porches, and abundant natural light. However, it is the modern updates that make the property a turnkey opportunity for owner-occupants or investors. The unit on the 1st level includes a living room open
We are available for private consultations, to answer your questions about buying a home or anything else related to real estate, on a variety of video conferencing platforms. I lead with that because I’ve noticed an explosion of virtual buyer seminars advertised since video conferences became the norm. Buyer seminars happened before Zoom, of course, so it’s not like they are totally new. However, they are much more efficient to organize virtually. And the big
The Hartford County multi-family residential market continued to improve in 2019. The total number of closed deals increased about 3% over the previous year to 928 sales. Activity was up more than 56% from the low point in 2012 when the market was in disarray. Of the three residential property types (single-family, condominium, and multi-family), the multi-family market is the strongest and healthiest. This is true despite the fact that sales totals are well below
I recently became aware of the term “House Hacking.” For those that don’t know, the term describes a strategy for becoming a property owner without following the traditional path of buying a single dwelling unit in which to live solo. The underlying idea is that the house (or condo, or multi-family building) is an asset that can generate income. There are various potential income strategies, allowing the house hacker the flexibility to find an approach
The practice of buying and quickly reselling real estate is well established. It generally goes by the name of “flipping.” There are different business models under the broad umbrella of flipping, with different risk and return profiles. At one end of the spectrum Wholesalers try to buy super cheap by finding private deals. At the other end of the spectrum Renovators focus on adding value to a property through construction. Despite the easy profits shown
