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Updated over 1 year ago,
things to consider before buying a condo
Hi all I am new to real estate investing and I live in the NJ/NY area. my overall plan is to own a bunch of rental properties. my current plan is to start with a condo, live in it for a while and then rent it out. I figure since I live in a city like area a condo is a safe bet assuming the building allows me to rent and HOA fees are reasonable. if anyone has any experience with condos what should I look for? what should I avoid? anything I should know regarding renting them out? open to any advice or suggestions on the subject.