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Updated almost 7 years ago on . Most recent reply
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Investing in North Dallas C and D Class condo's
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!
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@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.