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Updated about 5 years ago,

User Stats

2
Posts
2
Votes
Marco Acampora
  • Investor
  • Chatham Kent, Ontario
2
Votes |
2
Posts

Buying Condos as rentals?

Marco Acampora
  • Investor
  • Chatham Kent, Ontario
Posted

I currently own 3 condos, that provide around $100 net each month in passive income. condo fees seem to be eating away at any positive cash flows. My question is should I sell my condo with the most equity in order to buy a larger, or more positive cash flow property? or continue to let my tenants pay down the principal I owe?

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