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Buying & Selling Real Estate
HomeForumsBuying & Selling Real EstateHow do people make money in condominiums?
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Orlando, Florida
  • Member since Jun 16, 2015
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Orlando, Florida
  • Member since Jun 16, 2015
Connect
Account Closed
  • Investor
  • Orlando, FL
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Buying & Selling Real Estate

How do people make money in condominiums?

Account Closed
  • Investor
  • Orlando, FL
Posted Aug 9 2015, 17:38

I'm going to sound like a real novice on this one....

How do people make money by owning condominium buildings? Not the units, but the building itself?

Do the people that own the units pay them a fee? How much is it usually?

Who pays for maintenance and utilities?

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