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Updated over 5 years ago on . Most recent reply
![Jason Sanford's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1472263/1621512638-avatar-jasons723.jpg?twic=v1/output=image/crop=1544x1544@313x1063/cover=128x128&v=2)
Can a buy and hold condo be worthwhile to a new investor
Can buying a condo and renting it out be a good investment for a newbie? I’m looking possibly go down that route. Granted...I gotta educate myself on that subject first. I just want to know the pros and cons about this.
Thanks in advance
Jason
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![Melba Chambers's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/866024/1621504673-avatar-melbac.jpg?twic=v1/output=image/cover=128x128&v=2)
@Jason Sanford Just keep in mind that HOA fees take away from your cash flow!