townhomes as investment?

1 Reply

@Alex Galt

I think they're great if the HOA fees are not so high you can still cash flow a decent amount. The good thing is depending on the covenants a considerable amount of the outside maintenance is taken care of so there's no large expenses. I would work with the HOA and be upfront about your intentions. Make sure you can actually rent the property. I have a condo and a townhouse. Both attract great tenants. A little less cash flow but as I said less big expenses. And some single professionals or young families like not having to mow and stuff. Hope that helps.