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Updated about 4 years ago on . Most recent reply
Thoughts on buying a condo/apartment for student rental?
My objective is cashflow. Can I FHA into this? I understand there is HOA fees.
Is there successful beginner real estate investors, who have done this?
Most Popular Reply
Andrew Syrios
Pro Member
- Residential Real Estate Investor
- Kansas City, MO
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As you noted, the HOA fees are the biggest problem. If they are reasonable and the property still cash flows, then I would consider condos. (We own a few condos for example.) But overall, I would prefer houses, duplexes and properties like that.