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Updated over 4 years ago on . Most recent reply

User Stats

69
Posts
5
Votes
Michael Sokolski
  • Homeowner
  • Stony Brook, NY
5
Votes |
69
Posts

Condo Question

Michael Sokolski
  • Homeowner
  • Stony Brook, NY
Posted

Has anyone had any experience with Condo's? Are they treated just like residential real estate? I know of some in desreable area's with a price that would yield a positive cash flow if rented out but I'm worried they're are hidden obstacles a novice would not know about. Do you need to deal with a Home Owners Association like in a CO-OP?

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