Most work for a private equity firm, hedge fund or bank.Sternberg credits South Florida’s warm weather and tax savings for drawing buyers to his project and other condominiums during the pandemic.https://www.miamiherald.com/news/business/real-estate-news/article249767193.html?

Purchase price: $3,200,000 Cash invested: $3,000,000 Sale price: $12,200,000 PROJECT CASE STUDYAlphabet City, Manhattan, NYNew Condominium DevelopmentCompletion: 2016Sq.

The new law expands the state's hotel and motel tax to include the short-term rental of homes (condominiums, single family, multifamily, etc.).

You can't sell just one unit unless it is 1) a separate property-fee simple ownership, like a townhouse May be, or 2) a legal condominium with all the associated documents, filings, etc.James, yes.

Here is additional information:https://hoa-usa.com/state-laws...Note there are two sets of laws here, one for condominiums, one for planned communities.

I took the owner occupied RBTR approach in a condominium.

Condominiums are not a style of property, but rather a definition of ownership, meaning in most cases, you own from the drywall in.

Do you have any experience in investing in Condominium units and if so, do you have any strategies you would be willing to share?  

Further, there is already quite a bit of inventory in place ready to be converted to condos when/if the legal status of these current apartments ripens them for sale as condominiums.

The owner-occupancy requirement typically states that a certain percentage of the units in a condominium or cooperative development must be occupied by the owners rather than rented out.