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Updated over 10 years ago on . Most recent reply

Keith Zabak's profile image
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Keith Zabak
  • from Independence, Ohio
  • Member since Jun 16, 2014
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Keith Zabak's profile image
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Keith Zabak
  • from Independence, Ohio
  • Member since Jun 16, 2014
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Keith Zabak
  • Independence, OH
1
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General Landlording & Rental Properties

Renting Out Condos

Keith Zabak
  • Independence, OH
Posted

Are condos equally appealing to potential renters as a single family/mutli family/apt? It seems there are some well priced condos in a great nearby neighborhood that appear to be a good investment.  

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Josh Mitchell's profile image
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Josh Mitchell
  • Real Estate Agent
  • from Naperville, IL
  • Member since Nov 25, 2013
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Josh Mitchell
  • Real Estate Agent
  • from Naperville, IL
  • Member since Nov 25, 2013
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Josh Mitchell
  • Real Estate Agent
  • Naperville, IL
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Josh Mitchell
  • Real Estate Agent
  • Naperville, IL
Replied

They can be great investments, but watch out for HOA fees. Those can eat into your CF and they are adjustable year-by-year at the juristiction of the Home Owners Board. If you have a low HOA assesment, then you could make it work. Just run your numbers beforehand.

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