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Updated about 10 years ago,

User Stats

27
Posts
5
Votes
Mike Verrona
  • Jersey City, NJ
5
Votes |
27
Posts

Where is the value in buying a condo?!

Mike Verrona
  • Jersey City, NJ
Posted

new to real estat . Started getting my feet wet and browsing some condos in my area. 

I always thought the sooner you buy then sooner you own the better. 

But when looking at condos and these outrageous HOA fees - I just don't see the value anymore.

Isn't the point to eventually live rent free? I mean $800+/monthly in HOA is crazy .

So why do it. Nevermind for means of profit or residuals, but for ones self.

Am I missing something lol?

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