Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Connecticut Real Estate Q&A Discussion Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

28
Posts
8
Votes
Mathew Fuentes
  • Investor
  • Bridgeport ct
8
Votes |
28
Posts

How to raise rent in Bridgeport

Mathew Fuentes
  • Investor
  • Bridgeport ct
Posted

Hey everyone!!

I did it !! Pulled the trigger on my first deal!! Its very exciting and stressful at the same time lol

So heres my situation that I need help on. 

I'm buying a Duplex in the Black Rock Area . Ill be living in one unit . The other unit is priced a bit below market. Its a 2 bedroom renting at $1250. Easily this can go for much more as ive seen some rented on rentometer.com  average $1450. Looking at the pro reports , some in the area have rented as high as $1600 a block away.

is there a limit Percentage or amount you can raise the rents when the leases are up by law ? Wanna know what im allowed to do . Not looking to get into any legal trouble.

How would you bring the rents up to full market?

Also any advice is very much appreciated to help out a Newbie! 

Most Popular Reply

User Stats

23
Posts
17
Votes
Jack Bailin
  • Rental Property Investor
  • West Haven, CT
17
Votes |
23
Posts
Jack Bailin
  • Rental Property Investor
  • West Haven, CT
Replied

Hey @Mathew Fuentes, congrats on your first deal! I myself am a new investor, I currently live in and rent a duplex in West Haven.


I feel like the answer to your question depends on if you’re willing to deal with potential turnover to get the unit up to market rent, or if you would rather slowly bring it up over a number of years while trying to keep the same current tenant. Personally I’m not aware of any rent control in the state of Connecticut, but definitely check with the city of Bridgeport first.

Loading replies...