All Forum Posts by: Filipe Pereira

I'm with Carl Guild and Associates @Omar DeLeon. CGA has a couple of offices outside of the greater hartford area (Colchester and East Hampton, I believe). It almost doesn't matter however, as I have never been to the office myself, lol. That's the beautiful thing about being an independent contractor and living in the age of technology!

Let me know if you have any questions about the process. I've been a double licensed agent (CT + MA) as well as a property manager for a few years now. 

It really comes down to finding a deal that meets your criteria. If the numbers work, buy it, if they don't, don't. If you're looking to sell in less than 5 years, I'd caution you from buying anything. But if you're holding it for 30, it's going to be pretty hard to lose. Nearly all markets across the country have largely limited supply, and regular, if not increased demand. CT is no different in this regard, and it's making people offer 30-40K above list price and still not being chosen as the best offer for the seller. 

@Ryan Newport I'm excited to see the amount of feedback you are getting on this post. It's great to see other members contributing so freely. There's a lot of great advice here, and some not so great. Most of your questions will be best answered by qualified lending professionals familiar with the CT market. I recommend Mike Boscarino with Boscoloans, Kit Crowne with Right Trac Financial Group, and John Krause with Horizon Home Mortgage. 

Hey Jason, congrats on your success thus far. Personally, I total up how much money I think I will need and just dump it all into one high yield online account. It's my emergency fund. I set it and forget it. If I need it, I know it's there. If I don't need it...it's still there. 

Peace of mind is what I call it. 

What are you looking to manage? Expenses? If so, google sheets is likely enough for just 4 doors. I'm a big fan of keeping it simple.  

Savings. 
Either he has really high expenses, very low income, or is in a high cost of living area (or some combination there of). Otherwise 3 years at 3.5% sounds like a very very long time. 

Is he on a budget? Does he have wasteful spending habits? It's not about what you make that matters, it's about what he can save @Derek Meyer . 

Some don't do it because it could end up in bad hands. I don't even provide it on the yearly report I fill out when I go to the doc's. They should already have it on file, so why do I need to risk having the wrong person see it? 

If I were to be filling out rental apps I would put that I would be willing to share it when it is necessary. I.e. tell me you want to move forward with me as a tenant (pending whatever you need my SSN for), then at that time I will provide it. 

It's 2021. We don't need SSN's to do background checks anymore. You can send it to the tenant via cozy and they can enter their own information. I only ask for SSN's at lease signing and that's to keep on file in case we have to ever evict. 

This is horrible advice. 

The BOH can also relocate the tenants to a hotel and you get the bill. And if you don't pay? Bam, lien on your property. The government never loses. Remember that.

I'm guessing we are in a lot of the same connecticut facebook groups, LOL. I saw those guys/gals ALL the time. I eventually blocked all of them (I think). It was so spammy, and they never provided any real value in those groups beyond promoting themselves. 

With the advance of so many online review platforms (thinking mostly of google reviews) finding contractors is much easier than it once was. Whether their prices make sense or not is a different story, but just because it's on tulbelt doesn't mean they're prices are great.  

Welcome to Bigger Pockets @Azeem Haq. There's a lot of great free information to be absorbed here. Ask lots of questions, you may be surprised how much people are willing to help!

Hi @Sept Jones, welcome to the forums and to real estate investing. @Craig Bellot is the most active member here on BP that has a focus in Bridgeport. He will be able to shine some light here for you.