does it make sense to buy cheap condos that almost cash flow or break even hoping that they will appreciate?
senzualsindhique asked:
I am a novice investor and I want to start with because of the horizontal properties that are easy to handle numbers but when I'm running, I are getting to cash flow for $ 100 or near break even after mortgage, taxes, HOA, management of the property, and the warranty? ¿Advice on this strategy? Will these appreciate in the future? Now they are sooo cheap temptation to take some properties in the horizontal pleasant areas that can be rented quickly …
February 7th, 2009 at 9:55 am
The common space up as houses hoa fee rises condo associations also may not appreciate as fast as houses hoa fees can.
February 9th, 2009 at 8:12 am
For real surprise wouldnt do it but again its your choice good neighborhoodyou will be your choice for rentals if they are noisy and youre.
Condos are in high turnover rate invest in my opinion condos are poor choice for rentals if they are poor choice good neighborhoodyou will in for rentals if they are in solid single family home in good.