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Updated almost 7 years ago on . Most recent reply

User Stats

63
Posts
7
Votes
Cameron Marmon
  • Investor
  • Richardson, TX
7
Votes |
63
Posts

Investing in North Dallas C and D Class condo's

Cameron Marmon
  • Investor
  • Richardson, TX
Posted

Hi everyone!

I have been interested in some of the affordable C and D class condos in the North Dallas area. There are a few that I can purchase with cash and if priced right the numbers make sense for me.

I have read some of the general thoughts and pro's and con's of condo investing. However, I was hoping to get more applicable thoughts from you locals.

I will admit, though the units I have identified do cash flow enough for my needs, I am concerned about the appreciation component of condo's in that area.

Thank you for your thoughts!

Most Popular Reply

User Stats

502
Posts
263
Votes
Andrew Herrig
  • Rental Property Investor
  • Dallas, TX
263
Votes |
502
Posts
Andrew Herrig
  • Rental Property Investor
  • Dallas, TX
Replied

@Cameron Marmon I would not count on any appreciation on C or D condos. Personally I would probably not invest in them unless I owned a majority share of the complex and could control the HOA.

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