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All Forum Posts by: Elio Campiolo Jr

Elio Campiolo Jr has started 3 posts and replied 50 times.

Post: Investing in Waterbury CT 2019

Elio Campiolo JrPosted
  • Rental Property Investor
  • Stamford, CT
  • Posts 55
  • Votes 32

Hey, I don't think you'll be able to find much at all under 70k in a good neighborhood. Another point is that taxes are so high in Waterbury that it makes it very difficult to get any cash flow (assuming you're using some type of financing) with a single family.

Post: CT Meet ups? When and where are they?

Elio Campiolo JrPosted
  • Rental Property Investor
  • Stamford, CT
  • Posts 55
  • Votes 32

@Jeff Brown there's one meetup monthly in Norwalk, I think the second to last Thursday of the month. And then there's one in Fairfield on the last Wednesday of the month.

Post: Any interest in a Fairfield County CT Meetup?

Elio Campiolo JrPosted
  • Rental Property Investor
  • Stamford, CT
  • Posts 55
  • Votes 32

There are actually a couple of monthly meet ups in Fairfield County. @Bogdan Constantin Stefanide runs one in Norwalk once a month, and then there's one in Fairfield every last Wednesday of the month.

Post: Having a hard time growing.. Looking for ideas

Elio Campiolo JrPosted
  • Rental Property Investor
  • Stamford, CT
  • Posts 55
  • Votes 32

@Mike A. It's tough to scale here in Stamford/Greenwich as an individual investor, you may have to look somewhere else. That being said, if you're ever looking to sell the properties you have around here, I'd be glad to take a look at them.

Post: Roofer in CT waterbury

Elio Campiolo JrPosted
  • Rental Property Investor
  • Stamford, CT
  • Posts 55
  • Votes 32

I always use the same guy, he's local, great price and quality work. Let me know if you're still looking.

Post: New Member from Monroe, CT

Elio Campiolo JrPosted
  • Rental Property Investor
  • Stamford, CT
  • Posts 55
  • Votes 32

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!

Post: 11 Granada Rd, Waterbury, CT 06704

Elio Campiolo JrPosted
  • Rental Property Investor
  • Stamford, CT
  • Posts 55
  • Votes 32

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

Post: 11 Granada Rd, Waterbury, CT 06704

Elio Campiolo JrPosted
  • Rental Property Investor
  • Stamford, CT
  • Posts 55
  • Votes 32

Are you looking to sell it?

Post: Successfully Three Family Deal in CT

Elio Campiolo JrPosted
  • Rental Property Investor
  • Stamford, CT
  • Posts 55
  • Votes 32

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

Post: Help my wife and I solve this FIGHT. Should I get a W-2 job?

Elio Campiolo JrPosted
  • Rental Property Investor
  • Stamford, CT
  • Posts 55
  • Votes 32

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