All Forum Posts by: Vinny Lopes

Welcome to BP @Remy Bonser! You are in the right place to learn about real estate! I currently invest in Fairfield County-CT.  If you decide to invest in this area, please, let me know. Best of luck!

Congratulations! I love to hear stories like yours on Bigger Pockets, it inspires me a lot to reach my goals.

Congratulations @Justin Fraser Thanks for sharing your experience and keep up the awesome job. It is a very inspiring story! I'll reach out to connect with you about more details! My best to your continued success.

Hi @Perry Mcintyre In addition to that you have to hire a contractor for siding and interior to full update, so you’re looking for almost 100K in repairs.  On this scenario, you will be paying almost the market value of the house. I’d also suggest a short sale.

In my opinion, paying more for a property than the actual market value is something I wouldn’t do it, unless it’s a very nice property with a potential to increase value over the years or you plan to leave for generations. I'd rather buy bellow market value.

Welcome @Anthony Cortes! I am from Bridgeport-CT. This is the right place to learn and do networking! 

I've attended some CTREIA meetings, they are good and do their usual meetings every Monday.  BP meet-ups in Fairfield is closer to me and planning to be more regular at this one. 

Welcome to BP, Nick! If you think in investing in Connecticut someday, please let me know!

Best of luck!

Welcome @Paul Bergagna to BP! I'm an investor in Fairfield County area. Hope to see you in one of our meetings. Please, send me a message if you have any interest in this part of CT as well. Best of luck!

@Mark Bascetta It also depends on what is your target tenants? Bridgeport is good for section 8 tenants however cities that are surrounded by immigrants are great for regular tenants. I recommend you to check the per capita income of  the cities as well. As @Jerryll Noorden said in the end it is all about the numbers.

Vinny Lopes

SMG Properties