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Updated about 9 years ago on . Most recent reply

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Chris Seveney
  • Investor
  • Virginia
15,335
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17,817
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Owning multiple units in condo building

Chris Seveney
  • Investor
  • Virginia
ModeratorPosted

I currently have a condo that we just finished and are renting out and it is cash flowing. A unit adjacent to ours has come on the market and it is at a very good price that would also cash flow (after renovations). The fees are very low in this facility because it has been managed very well over the years

I am curious to people's thoughts about owning more than one condo in a 45 unit complex 

I do manage them myself and have a local handyman who does any maintenance on them (which I have fixed up the first one completely and have not had any maintenance)

Curious as to thoughts ?

  • Chris Seveney
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7e investments
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