All Forum Posts by: Nick Delfin

Luke, thank you for all of that great information!

I can ask to receive all of that information before I purchase the condo im assuming?

Thank you Matthew! Definitely good to know.

Hey everyone!

Looking to purchase a condo in cash for rental purposes. 

Condo is about $70,000

Comparable rental rates in the area are about $1100-1400/ Month.

After buying the condo my on going expenses will be, HOA fees which include my Property Taxes and utilities. As well as my Home owners insurance. About ($400/Month)

Does anyone have experience with renting Condos?

Positives and negatives?

What us one thing you wished you knew before purchasing a condo for a rental.

Cheers!

Thank you everyone! This is amazing advice. Cheers

Hi everyone! 

I am looking to purchase my first rental property.

What is the biggest on going expenses??

Single family home biggest expense?

Condo rental biggest expense besides HOA?

Thanks in advance! 

Nick

Thank you everyone for the responses! Much appreciated!

Hey everyone, I need some advice!

I am looking to purchase a duplex in the near future and I want to "house hack" with living in one unit while renting out the other.

However, both units have leases for a couple months. 

Am I able to still receive home owner financing for this property?

Or would you have to terminate someones lease? (if this is even possible)

Thanks!

Nick

@Thomas Enright Thank you for the advice! Much Appreciated!!

Thank you @Mike Giallanza !!

@Cassi Justiz , thank you so much for all of the helpful information! I really appreciate you taking the time to help!