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Updated over 5 years ago on . Most recent reply

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Christian Cruz
  • San Diego, CA
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Are condos a good investment for starters?

Christian Cruz
  • San Diego, CA
Posted

Hello everyone,

I hope everyone is having a good morning, my name is Christian. I recently found out about bigger pockets podcast and I just got submerged into all the good information. I don’t own any property but I’m really excited to start. I live in San Diego, CA. And as many people know it’s expensive to live here. I want to start small and go from there, is a condo a good way to start? Thank you for the responses.

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Sam Shueh
  • Real Estate Agent
  • Cupertino, CA
1,722
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Sam Shueh
  • Real Estate Agent
  • Cupertino, CA
Replied

1 Must have low HOA due.

2 Must have ample parking spaces

3. Must be appreciating property value

4. Must at least breakeven or cash flows.

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