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Updated about 4 years ago on . Most recent reply

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47
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11
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Bob Ross
11
Votes |
47
Posts

FL condo as investment property?

Bob Ross
Posted

Would you advise purchasing a condo in Florida, perhaps Cape Coral and renting out year round?

Seems like you can get a condo with pool access for as little as 150k which should from what I’m seeing get around $1000 a month per rent.

Are condos usually not the best investment because they do not appraise as fast as single family homes?

I was looking at this for the affordability aspect as potential second property.

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