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Updated over 8 years ago on . Most recent reply

Deangelo Mack's profile image
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Deangelo Mack
  • from Independence, Missouri
  • Member since Nov 21, 2016
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Deangelo Mack's profile image
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Deangelo Mack
  • from Independence, Missouri
  • Member since Nov 21, 2016
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Deangelo Mack
  • Independence, MO
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Starting Out

Difference between Apartments Condos, and town homes

Deangelo Mack
  • Independence, MO
Posted

Being new to real estate I want to own rental property, but don't know the difference between apartments, condos and town homes. Couldn't find a forum for this question. Can some one please explain the differences, so i can have a better understanding. 

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Jeff B.'s profile image
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Jeff B.
  • Buy & Hold Owner
  • from Redlands, California
  • Member since Oct 28, 2015
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Jeff B.'s profile image
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Jeff B.
  • Buy & Hold Owner
  • from Redlands, California
  • Member since Oct 28, 2015
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Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
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Jeff B.
  • Buy & Hold Owner
  • Redlands, CA
Replied

A CONDO almost always has an HOA controlling the property (and interfering with your rental business)

A Townhome is an architectural style:  living space on the ground floor and bedrooms on the upper floors, thereby reducing the footprint on the land.  @Jim Arnold's comment also applies.

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