First timer- Is this worth buying as an investment
Apartment - asking 450. Can get it for 425
Total Fees
HOA- 397
Taxes- 388
Insurance- 157
Would put 200-250 k down.
Renter in it now pays 2650. Probably can get 2800 to 2900
Is this worth the investment?
Most Popular Reply
Hey @Thomas Sheehan - you can't outsource investment decisions to other folks, you have to first figure out what a "good" investment is for you.
For example, in this case it could be that this is a great investment for you because the rental return you'd make from putting in this much cash into a purchase works (for you!)
For others, it may not work as much.