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Updated about 5 years ago,

User Stats

22
Posts
5
Votes
Eric Lawson
  • Flipper/Rehabber
  • Baltimore, MD
5
Votes |
22
Posts

Should I purchase a condo as a rental property

Eric Lawson
  • Flipper/Rehabber
  • Baltimore, MD
Posted

I recently came across some condos in my area ( Baltimore,MD) and the range from  90k to 130k in pretty good condition(minor repairs needed). My question is are condos a good investment the average mortgage is about $600 TO $800 per month pulling in about $1225 average rent in the area. But condo fees are the killer most are about $180 per month cutting into the rental profit. 

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