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Updated almost 7 years ago,

User Stats

248
Posts
143
Votes
Andy Rousch
Pro Member
  • Investor
  • Mt. Arlington NJ
143
Votes |
248
Posts

condo rentals a good idea for beginner landlords?

Andy Rousch
Pro Member
  • Investor
  • Mt. Arlington NJ
Posted

Can investing in condos be a good idea for beginner rental property owners? I know they will probably cash flow less due to the HOA fees, but at the same time for a new investor there won't be as much worry about any exterior issues. At the same time I guess those HOA fees could just be put into a future repair fund for single family homes. Any success stories in people that have started with rental condo units?

Trying to decide between a condo, multi family, or single family for my next property.

Thanks!

Andy Rousch

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