Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
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 over 3 years ago on . Most recent reply

User Stats

124
Posts
50
Votes
Michael Junior
  • Real Estate Agent
  • San Diego, CA
50
Votes |
124
Posts

Fairfield County investing

Michael Junior
  • Real Estate Agent
  • San Diego, CA
Posted

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

User Stats

747
Posts
831
Votes
Brandon Rush
  • Real Estate Agent
  • Portland, CT
831
Votes |
747
Posts
Brandon Rush
  • Real Estate Agent
  • Portland, CT
Replied

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?

Loading replies...