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Updated over 8 years ago on . Most recent reply

Julie Belton's profile image
Julie Belton's profile image
Julie Belton
  • from Phoenix, Arizona
  • Member since Jul 9, 2016
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Julie Belton's profile image
Julie Belton's profile image
Julie Belton
  • from Phoenix, Arizona
  • Member since Jul 9, 2016
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Julie Belton
  • Phoenix, AZ
5
Votes |
17
Posts
General Real Estate Investing

Condos!?! Yeah or Neah?

Julie Belton
  • Phoenix, AZ
Posted
It seems to me that the only way into the real estate investment game is to begin with condos. I've been trying on single family homes, but I keep getting boxed out by cash buyers. My strategy is buy, repair and rent. Pay down the mortgages and have a higher cash flow in 10 years. Any advice on what I should look out for????
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Evelyn Roper's profile image
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Evelyn Roper
  • Investor
  • from Oklahoma City, Oklahoma
  • Member since Mar 23, 2016
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Evelyn Roper's profile image
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Evelyn Roper
  • Investor
  • from Oklahoma City, Oklahoma
  • Member since Mar 23, 2016
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Evelyn Roper
  • Investor
  • Oklahoma City, OK
51
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Evelyn Roper
  • Investor
  • Oklahoma City, OK
Replied

Watch out for the HOA fees! Some of them can be really high so be aware of how it affects your ability to cashflow.

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