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All Forum Posts by: Mike Verrona

Mike Verrona has started 6 posts and replied 26 times.

Post: Mike the Newb from Jersey

Mike VerronaPosted
  • Jersey City, NJ
  • Posts 27
  • Votes 5

thanks and appreciate the warm welcoming :) 

Looking forward to all the good things mentioned !

Post: Where is the value in buying a condo?!

Mike VerronaPosted
  • Jersey City, NJ
  • Posts 27
  • Votes 5

where did some of you guys start your investment journey?

Post: Where is the value in buying a condo?!

Mike VerronaPosted
  • Jersey City, NJ
  • Posts 27
  • Votes 5

wow so many things I didn't know. 

HOA can restrict you from renting your property. I may have to take 2 steps back on this one for a first purchas .

Post: Where is the value in buying a condo?!

Mike VerronaPosted
  • Jersey City, NJ
  • Posts 27
  • Votes 5

Ronnie, 

Any particular reason why you were told to stay away from condo's?

Thanks for both responses

Post: Where is the value in buying a condo?!

Mike VerronaPosted
  • Jersey City, NJ
  • Posts 27
  • Votes 5

new to real estat . Started getting my feet wet and browsing some condos in my area. 

I always thought the sooner you buy then sooner you own the better. 

But when looking at condos and these outrageous HOA fees - I just don't see the value anymore.

Isn't the point to eventually live rent free? I mean $800+/monthly in HOA is crazy .

So why do it. Nevermind for means of profit or residuals, but for ones self.

Am I missing something lol?

Post: Mike the Newb from Jersey

Mike VerronaPosted
  • Jersey City, NJ
  • Posts 27
  • Votes 5

whats up! I'm Mike from NYC living in jersey 22 years old and I love sports. 

#GoSeminoles