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Updated about 6 years ago on . Most recent reply

User Stats

44
Posts
4
Votes
Mustafa Mo
  • Rental Property Investor
  • Redmond, WA
4
Votes |
44
Posts

When would you call a condo is a good investment?

Mustafa Mo
  • Rental Property Investor
  • Redmond, WA
Posted
Hi, I found a good condo & I know the area of it very well. Condo is in an excellent condition, located at a golf course. When I did my math, I found that the condo is going to barely break even (target Rent vs mortgage + management fees). Would you pass on this case? Or would you take it? What else you should consider for investment condo or SFR? Thanks

Most Popular Reply

User Stats

1,473
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1,993
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Omar Khan
  • Rental Property Investor
  • Dallas, TX
1,993
Votes |
1,473
Posts
Omar Khan
  • Rental Property Investor
  • Dallas, TX
Replied

@Mustafa Mo If your own math says, it's a bad deal, why are you asking for advice from others? You've already hit the nail on the head. Pass!

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