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Updated over 10 years ago,

User Stats

33
Posts
7
Votes
Jim Herbst
  • Investor
  • Powell, OH
7
Votes |
33
Posts

Estimating Maintenance Costs for Condos

Jim Herbst
  • Investor
  • Powell, OH
Posted

What are your thoughts on investing in condominiums as part of a buy and hold cashflow strategy?  Specifically, what do you estimate maintenance costs to be when a condo association covers exterior maintenance, lawn care, and snow removal?

Even though you can find condos at bargain prices in top-tier school districts in Columbus, I am often hesitant to commit to condos simply because you are at the mercy of increasing condo association fees.