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Updated over 4 years ago on . Most recent reply

Joshua Rowland's profile image
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Joshua Rowland
  • Rental Property Investor
  • from Nashville, TN
  • Member since Jun 26, 2019
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Joshua Rowland's profile image
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Joshua Rowland
  • Rental Property Investor
  • from Nashville, TN
  • Member since Jun 26, 2019
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Joshua Rowland
  • Rental Property Investor
  • Nashville, TN
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Multi-Family and Apartment Investing

Thoughts on buying a condo/apartment for student rental?

Joshua Rowland
  • Rental Property Investor
  • Nashville, TN
Posted

My objective is cashflow. Can I FHA into this? I understand there is HOA fees.

Is there successful beginner real estate investors, who have done this?

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Andrew Syrios
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  • Residential Real Estate Investor
  • from Kansas City, MO
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Andrew Syrios's profile image
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Andrew Syrios
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Andrew Syrios
  • Residential Real Estate Investor
  • Kansas City, MO
ModeratorReplied

As you noted, the HOA fees are the biggest problem. If they are reasonable and the property still cash flows, then I would consider condos. (We own a few condos for example.) But overall, I would prefer houses, duplexes and properties like that.

  • Andrew Syrios
  • Podcast Guest on Show #121
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