Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago on . Most recent reply

Please tell me what you think about this deal
It's a condo for $122,000 in a class A area.
rents for $1700 a month. HOA fees are $810 a month ,plus taxes are $225 a month .
if i put 20% down, the expenses will be covered ,
but if i have a vacancy i will be out alot that month.
it makes the 2%rule but not after the HOA fees..
Feedback very much appreciated!
Most Popular Reply

Run away as fast as you can ;)