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Updated almost 3 years ago, 02/08/2022

User Stats

45
Posts
13
Votes
Tommy Cheng
  • Real Estate Agent
  • New York, NY
13
Votes |
45
Posts

Owning multiple units in the same condominium?

Tommy Cheng
  • Real Estate Agent
  • New York, NY
Posted

What are your thoughts on owning multiple units within the same condominium complex? For example, owning 3 Units in a 15 Unit Complex.

Basically, I've seen this deal presented a few times, but even when numbers work, it's tough to pull the trigger being that you don't own the whole building and are relying management to upkeep the building and its surroundings. Also, there's HOA fees involved. I just wanted to know if anybody has done this before.

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