Connecticut rental properties

[Sam Sams]

Hi all,

From NY and investing in the local and N.J. market prices here have gone crazy up looking to get in the Connecticut market I’ve heard there are some good areas to pick up rental cash flowing properties, one of the areas mentioned were Bridgeport, 

Looking to connect with investors and realtors with experience in these  markets that can help in picking up some rental properties there,

Any info would be highly appreciated.

Thanks

[Manny Cirino]

  As a CT resident I will be clear. Everywhere in CT that you see high inventory in CT like New Britain, Bristol, Waterbury, Hartford, Meriden, Bridgeport are all on the surface considered high crime cities. 

  But the issue is not crime because on paper crime is actually low, it's actually a drug problem these cities have. Now the drugs are not concentrated to a specific neighborhood it is so scattered that you will never be able to tell what is a good area or a bad area in these citys. 

  The values of the properties are hard to appraise because they are all built in different years and all in different conditions, so these houses are all at the mercy of your budget and rehab. What ever you put in to them is what you will get out of them.

  The best you can do is take pride in your property rehab it with a high standard and vet your tenants properly in these cities you will attract only the kind of tenants you accept.