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All Forum Posts by: Mathius Gazi

Mathius Gazi has started 0 posts and replied 12 times.

Post: Where to invest in north east

Mathius GaziPosted
  • Rental Property Investor
  • New York, NY
  • Posts 12
  • Votes 6
Quote from @Mario B.:
Quote from @Mathius Gazi:
Quote from @Mario B.:
Quote from @Codie Gillette:

Hey I'm looking for different markets to invest in out side of NY, what surrounding states/cities tend to be more landlord friendly?


 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. 


Mario, what would you say about New Haven? Stamford is indeed a great market, but prices have begun to get into a place where I can't afford a 20% down payment on a 2 unit anywhere in Stamford, Norwalk, or even parts of Bridgeport, but I can see some great cash flowing deals where I can afford 20% in New Haven, which is close to where I am located currently. Any massive red flags I'm missing about that city? Please let me know. Thanks!


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.


 Sounds good. I know a few parts of the city that are growing and rapidly getting rid of their "unsafe/urban" reputation, and I have found tenants that are looking for rentals soon in the area and are willing to pay what I intend to charge. Now to just close on something and get it on the market. Thank you!

Post: Where to invest in north east

Mathius GaziPosted
  • Rental Property Investor
  • New York, NY
  • Posts 12
  • Votes 6
Quote from @Mario B.:
Quote from @Codie Gillette:

Hey I'm looking for different markets to invest in out side of NY, what surrounding states/cities tend to be more landlord friendly?


 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. 


Mario, what would you say about New Haven? Stamford is indeed a great market, but prices have begun to get into a place where I can't afford a 20% down payment on a 2 unit anywhere in Stamford, Norwalk, or even parts of Bridgeport, but I can see some great cash flowing deals where I can afford 20% in New Haven, which is close to where I am located currently. Any massive red flags I'm missing about that city? Please let me know. Thanks!