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Updated about 12 years ago on . Most recent reply

KENDRA J.'s profile image
KENDRA J.'s profile image
KENDRA J.
  • from Minneapolis, MN
  • Member since Apr 1, 2013
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32
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KENDRA J.'s profile image
KENDRA J.'s profile image
KENDRA J.
  • from Minneapolis, MN
  • Member since Apr 1, 2013
Connect
KENDRA J.
  • Minneapolis, MN
9
Votes |
32
Posts
Buying & Selling Real Estate

buying a condo

KENDRA J.
  • Minneapolis, MN
Posted

I have a chance to purchase a 1 bedroom condo for $47,500. Condos in this building rent for between $750 and $800 and it is a nice area. The one drawback is that this building allows smoking, which could be a turn off for prospective tenants. Vacancies here are at around 2%. Wondering if i should add this to my portfolio. Haven't done alot with condo's . Any advice would be appreciated. Good investment, bad investment?
Thanks

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