First Time Home Owner turned Investor

[Chloe Calder]

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