First Time Home Owner turned Investor
Investment Info:
Condo buy & hold investment.
Sale price: $325,000
Bought my first property 2020 for my primary residence and was able to purchase another property in 2024.
Moved into the new property and converted my 2020 property into a rental.
What made you interested in investing in this type of deal?
I liked the idea keeping a property in this area as rentals are always in high demand. I was able to rent it at a good price and have a good amount to save for expenses while also taking some home as surplus.
Lessons learned? Challenges?
Would not invest in a condo again due to exponentially increasing HOA dues