Fairfield County investing
Who is investing in Fairfield county!?
I’m currently living in Fairfield, CT. I’m looking to network with people playing in this market. I have a few Propeties but I am trying to expand and really scale.
Would like to know what other people are seeing in this market.
I initially started investing in multi family, I now feel it's a bit to expensive ( MLS properties ) to cashflow substantially and am looking into the condo model.
I’m a local realtor so I have a good grasp on the market, as far as rent rates and resale values. At this point I’d rather buy two condos and cashflow $300 per unit with less expenses and liability then purchase 1 multi, cashflow a minimal amount and have to dump a bunch into Reno.
Just a few ideas going through my head- any ways very interested to see what others have going on!
Merry Christmas!!
Most Popular Reply
Hey Mike,
@Michael Junior New investor here and I am trying to determine my strategy for the same area. When investing in multi-families, are you going the traditional 25-30% down payment or acquiring them another way? I want to go multi-family but it seems like this is not the area/market for that if you are looking to build equity quickly. I see the value in multi-families but I do not want to tie up $80k in a down payment. What are your thoughts?