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All Forum Posts by: Mario B.

Mario B. has started 4 posts and replied 155 times.

@Curran D Bishop awesome, thank you for info, really appreciate it.  

Thanks @Curran D Bishop Where did you move from?  What drew you to Milford?  Silver Sands is amazing, such a beautiful park.

Madison, Old Saybrook, and Mystic come up often, all beautiful, but limited options.   I'm thinking Milford, Guilford, New London, and now Stony Creek may be contenders.  We have beach cruisers so a block or so to the beach is no problem.    

Thank you @Karyn S. it's funny, I would like to be close as possible to the water but not in a flood zone or property that requires flood insurance.  A few houses away works for me.

Thanks @Jack D. love old Say Brook, Fresh Salt restaurant is amazing!  

Fairfield County is obviously out of the question, there are so many towns to pick from beyond though, it's overwhelming. 

Hi All!

My wife and I are testing the water for the best bang for your buck home in CT, ocean front, or a quick walk.  Fixer upper with future equity potential, potential for a big upward market swing, and strong rental rate.  Budget is under $175k.  

We have a primary residence, we're looking for a weekender home with the potential of renting it out possibly 6 months out of the year, full time in the short term, or just during the peak summer months; areas of CT that attract a strong summer rental market.  I have no education beyond Fairfield County. 

All opinions welcome.  Thanks!

Post: Whats the market like in Connecticut?

Mario B.Posted
  • Investor
  • CT
  • Posts 165
  • Votes 75

We should talk more @Filipe Pereira Stamford has gone to **** now.  There are way too many buildings and it's driving private landlord pricing way down.  

My tenant just broke her lease and I had to drop the rent $100 just to get people in the door, compared to last October.  

Post: Tenant Prescreening Questions

Mario B.Posted
  • Investor
  • CT
  • Posts 165
  • Votes 75

I just implemented this pre-screening document today.  My tenant is moving out and this document is amazing at weeding out potential waste of time tours, I love it!  I customized it to fit my needs, received two back already!  Thank you!!

Post: Downtown Stamford Connecticut condo

Mario B.Posted
  • Investor
  • CT
  • Posts 165
  • Votes 75

love Stamford

I also have an investment in CT, Stamford.  A studio condo I purchased in 2009, $120k.  It's worth 165k now and I'm getting $1450 monthly.  If you know your target area well enough you can make money anywhere.  

Post: Ready to start...Help!

Mario B.Posted
  • Investor
  • CT
  • Posts 165
  • Votes 75

Hi @Heidi Kenefick welcome to CT and BP.

I would recommend renting for a year to get your feet wet and really experience the area for yourself.    Taking on a new job and managing 3 apartments is a big responsibility if you are going to do it yourself.  If you hire a property manager, you need to shop around, and ensure the rents you can get are going to cover your monthly expenses.   

I would encourage taking a real estate course, potentially getting your license.  I just took the course myself an learned a lot, in the process of getting my license.  

Best of luck!