I own a condo/apartment in a not so good area of toronto and theres about $45k left on the mortgage. i've been watching market supply & demand of condominiums and I see that the supply is growing at an alarming rate. so much so it has lead me to believe that this is the time to sell b/c if I don't I may never see return on my investment for the next couple years or so.

I'm looking to invest in a condo, and I am reviewing the condos financial documents. I reached out to the current owner, and they provided me with this(See Attached). I'm trying to get a good understanding if the asso...

Is this something I should do, or is it not as big of a deal because its a condominium?

Hi,I am looking at buying a few condo units (<10) within the same Condominium complex.

The last time inventory was that low was in December 2014;• Townhome/condominium sales jumped 28.3 percent, with the average price up 10.8 percent to $220,326 and the median price up 8.2 percent to $178,000;• Single-family home rentals fell 5.1 percent with the average rent up 6.2 percent to $1,907; • Townhome/condominium leases jumped 11.0 percent with the average rent up 3.5 percent to $1,595.

Investment Info:

Condo buy & hold investment in San Diego.

Purchase price: $318,000

My wife and I bought this property three years ago as our primary residence, then moved out in march of this year. ...

Just because you strike an agreement with the seller does not mean you are in.I personally don't like condominiums as investments for a few reasons, but they can be good with the right numbers.

My partner and I are real estate investors looking to level up in the Minneapolis Saint Paul area, looking for input and suggestions about what to do; here’s our scenario:• Currently rent out a condominium in Saint Paul, • est. sale price $155k • $94k left on mortgage.• Plan to 1031 this $61k towards our next purchase.• $275k cash for downpayment set aside in addition to $61k condo proceeds for a total of $336k down.• After closing costs and finance fees etc. we end up with about $1.1M max purchase budget.• We have a multi-member LLC set up for the ventureWe find ourselves on the fence between two approaches.This market and this budget puts us at a newer (2005+) triplex in top neighborhoods.Pros of lower doors better neighborhood:• Traditional financing• Fewer maintenance calls• Higher quality longer term renters• Better long term appreciation Cons of this approach: • Higher vacancy allowances• More risk per unit• Less standardized maintenance per unit• Increased competition from newer triplexes the city is heavily encouraging to be built.• Higher property taxesThe other approach is more working class neighborhood but 5-6 units under one roof.

Single-family home sales fell 19.1 percent year-over-year, with 6,199 units sold, ending nine consecutive months of positive sales;The Days on Market (DOM) figure for single-family homes was unchanged at 58 days;Total property sales dropped 21.6 percent, with 7,192 units sold;Total dollar volume dove 20.4 percent to $2.14 billion;The single-family home median price rose 2.4 percent to $251,000, reaching an April high;The single-family home average price was flat at $310,331;Single-family homes months of inventory was at a 3.6-months supply, down from 3.9 months last April but above the national inventory level of 3.4 months;Townhome/condominium sales plunged 37.5 percent, with the average price up 11.9 percent to $227,577 and the median price up 12.2 percent to $181,750;Lease properties staged a negative performance, as single-family home rentals fell 4.1 percent with the average rent down 1.7 percent to $1,765; Volume of townhome/condominium leases fell 9.5 percent with the average rent down 1.2 percent to $1,565.Source - HAR

Investment Info:

Condo buy & hold investment in Lowell.

Purchase price: $85,000

2 Bedrooms apartments near downtown Lowell.