All Forum Posts by: Elio Campiolo Jr

Hey @Chris Sherman welcome to BP!

In my [short] experience, I find it very difficult to cash flow a single family house in CT, especially in Fairfield County. I guess you could get some cash flow if you buy it with a lot of equity, but at that point your cash on cash return is very low. My advice, for what it's worth, would be to start with duplexes and triplexes.

Happy investing!

@Thomas Kareeparampil I just try to stay away from the war zones, everything else is worth a look. Is yours a duplex?

Are you looking to sell it?

Awesome job man! I'm curious to know where in CT is this property?

She's even paying for your dirt bike..?? Come on man!

Ahh I missed the July meeting... I've been looking for something like this for a while now. I've been attending conferences nationwide for about 2 years, it's great to finally have something local.

I'm registered and I'll be there.

What a good idea! At these conferences I sometimes see people from BP and go "I feel like I know you from somewhere" lol; no need to do that anymore.

I am in the middle of a deal with them, and so far it's been a positive experience. We're scheduled to close next week, so I can update you then.

@Anthony Giunta Jr. I was at the Expo as well, but I also don't think we met there. It's good to see someone else from CT entering the business.

I live in Fairfield County as well, and in my opinion the goal here is to find a house hacking situation where the portion of the mortgage (PITI) that you have to pay yourself ends up being less than what you would pay if you were renting.