All Forum Posts by: Amanda Comeau

awesome...

This is a older condo community, most of them where bought extremely high.. 150-180's back in 2000 and now they are selling for 60-80. however rent is huge in this area because of the military bases close by, and military generally "pays"....   I am thinking as a buy/hold plan for this, also give me some more experience as far as starting my property management llc.... get some more smaller properties under my belt.....  THANKS FOR ALL THE ADVICE : )

There is a condo unit near by that has a few "nice" units for about 60k,  I have enough money saved right now to buy two of them with 20% down...... However has anyone had any success renting condo's ?  I know most places have a % of how many can be rented, so I would need to check into this first I suppose.

The area is getting about 1100-1300 a month in rent on a two bedroom. We are near a military base which I work at so I know I can rent them quickly and pretty much know I will get paid each month.

condo fees are 180.00 a month there.

I have a single family rental home right now, and it's currently paying for itself, I will up the rent at next signing of lease, then I'll be making some off of it finally.

I am new to investing and want to start off  as safe as possible before jumping into a three family...   Would anyone recommend buying condo's ???