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Updated over 4 years ago,
Does the 1% rule apply for condos?
There are a lot of posts about different rental markets, turnkey providers, rent to value, BRRRR, and etc...
What about remote investing in a condo? It's fairly easy to get 1% rent to value in a condo, you have to deal with condo fees, but you would have lower Cap Ex expenses and usually cheaper insurance.
Does anyone here invest in condos? What is your opinion on condo vs turnkey, pros and cons.
What are the key differences when creating a single family proforma vs a condo proforma ?