Thinking About Becoming A Landlord In Connecticut?
A few weeks ago, I was speaking with a housing specialist.
Housing specialists are trained mediators who spend their time getting parties to resolve housing cases.
We were talking about the length of time it takes to evict a tenant in Connecticut.
He said that Connecticut landlords need to have a reserve of at least 6 months of mortgage payments.
I agree completely.
Any landlord who is barely able to cover his mortgage payment with rental income is flirting with disaster.