All Forum Posts by: Mario Bellavia

I did a quick search for my own records, pricing really is great up there!  I found students at Yale like the Dwight, East Rock, or Downtown areas. Fair Haven isn't the best area someone said, but they liked the quick access to the beach. Someone else said if you want names, basically avoid any neighborhood with hill or hall in the name.  This feedback is about 2 years old though so things could have certainly changed.  I would say housing around the campus, nice hotels, restaurants, or the hospital might be good options to look at.

Another good response I found
"One rule of thumb is to look at Google Maps, plot out the walk to campus and see if it passes through areas with cafes/restaurants and/or major office or university buildings. If so, it's likely going to be pretty safe. If you're going to be walking along the edge of a highway, past a bunch of parking lots, and then through a neighborhood without any amenities then it might be less safe at night. You can also use Google Streetview to see what the walk will look like."

Hi Mathius. I'm not as well versed in the New Haven area, however yes there are a ton of 2-3 family properties for under $300k I'm seeing on the MLS. If it's close to where you're currently located, spend some time driving around the areas that you can afford and see how they feel. Due diligence on the property and the city are crucial to not buying a bad deal.

Hi Bogdan, is this at the Pinstripes bowling bar? 

 Hey Codie!  I work in NYC but live in Stamford and invest locally.  Stamford is a great market right now with quick access to NYC and we're 3rd largest city in CT.  Let me know if you would like to jump on a quick call. 

 You're in great hands Abbie!  Peter is the best!  

Realtors can act as Bird Dogs as well. Not all properties on the MLS are at full market for various reasons. I would be happy to help in your search. Let me know if you would like to chat more by phone. I will be in Bridgeport this Saturday for a few property tours. Once I have your criteria, I can put you on auto e-mails and we can touch base weekly or as often as we find things that may work.

Hi Todd!  Welcome to BP!  What an exciting journey to start!  I'm in Stamford, CT.  Bridgeport is a great area to start investing in if your familiar with the neighborhoods.  Are you looking for any specifics regarding cash flow, for example certain % a month return on investment or $500 each month etc.?  Seller financing is out there but from what I've seen more costly, but will work with the right deal.  Have you spoken with any mortgage lenders for a pre-approval?  I'm a licensed realtor, I would be happy to talk more by phone, let me know if your available for a call this week.  I'll inbox you as well.

 If it doesn't work on this lease, you can try approaching other landlords with under market rents and propose managing their properties for them, but acting as a real estate professional, you may need to be licensed to engage in soliciting apartments that aren't yours, screening, collecting money, etc. 

Hi Amaan.  Are you still on the hook for the duration on the lease term if you sublet?  Are you planning to sublet the apartment for more money than your lease and collect the difference?  It sounds like the landlord would be responsible for screening, I would clarify with them.

 Hey Chris, welcome to BP.  I'm in Stamford and I'm on a brokerage that is investment oriented, with all of us owning properties.  We're in and around Stamford and further up the line.  Do you have a preference on town in CT?  Would love to setup a call with you and see if we can work together.  I'll inbox you.