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All Forum Posts by: Jasmine Hu

Jasmine Hu has started 13 posts and replied 72 times.

Buying & Selling Real Estate

Post: Any tips, pros/cons, or advice on Condo Investing?

Jasmine HuPosted
  • Rental Property Investor
  • Tysons, VA
  • Posts 73
  • Votes 45

If long term holding, condo fee will significantly reduce your return esp in low cost area. For short term it is OK.

Another issue with condo is that if there is some major repair coming up, they can charge special assessments to owner. This alone could stop you selling yours esp in touch market.

It is clear or expected that bad time would come and it is within 2 years.

I only own condos in CBD, very high cost place with high potential for capital appreciation.

0 Votes
Real Estate Deal Analysis & Advice

Post: First investment completed

Jasmine HuPosted
  • Rental Property Investor
  • Tysons, VA
  • Posts 73
  • Votes 45

Congrats! I am looking into norfolk area.

0 Votes