Author: tomfwetmore

4 Things to do if You Are Upside-Down on Your Mortgage in Connecticut

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Whether you overpaid for the property in a bidding war, you’ve fallen behind on mortgage payments, or property values have dipped, being upside-down on your mortgage or owing more than the current market value is a less-than-ideal situation for homeowners. If circumstances force you to sell your house instead of waiting out a market turnaround … Continued

How to Sell a House With No Equity in Connecticut

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Equity is a driving force in building wealth, and selling your house before building any equity can be disheartening and sometimes leaves sellers owing money at the closing table. So read on as we explore selling a house with no equity in Connecticut. Short Sale After attaining the approval of their lender to sell for … Continued

How to Sell a House That You Have Outgrown in Connecticut

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It’s time to sell if you have outgrown your house; however, that is easier said than done. When you sell a house, there are many decisions to make, and it can be overwhelming to figure out where to start or what step to take first. If you should find yourself in this boat, read on … Continued

How to Take Your Portfolio from 1 Property to 10 in Connecticut

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If you are just starting your real estate investment business, you must treat it as such. If you’re like other beginning investors, you may be wondering how to increase the holdings in your portfolio; however, as an investor, your job is to acquire assets. Rental properties offer great potential to help achieve your goal, along … Continued

How to Find the Best Tenants for Your Connecticut Investment Property

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You’re not alone if you have been wondering how to find the best tenants for your Connecticut investment property. After all, the tenants you place are the source of your income stream and the base upon which you will build significant wealth. Real estate offers a secure investment that has proven to build significant wealth … Continued

5 Benefits of Owning Multi-Family Properties in Connecticut

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Savvy investors understand the benefits of owning multi-family properties in Connecticut. Beginning investors appreciate multi-family properties for the advantage of house hacking to lower your housing costs, living in one of the units as the tenants pay down the mortgage and build their equity. In addition, multi-family properties offer cost and time-saving benefits worth closer … Continued

4 Strategies for Handling Tenant Disputes as a Landlord in Connecticut

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The system you use to screen potential tenants you will place in the property is as essential as finding the right location when investing in real estate to help you avoid the most difficult tenants. You should systematically investigate their background and financial and rental history and follow up with all references. It’s worth the … Continued