All Forum Posts by: Luke Balchaitis
Luke Balchaitis has started 2 posts and replied 4 times.
Post: HOA - Reserve Question

Luke BalchaitisPosted
- Posts 4
- Votes 2
Thank you for the prompt reply. The condo is located in Boca Pointe and in the El Viento section.
Any input is greatly appreciated.
Any input is greatly appreciated.
Post: HOA - Reserve Question

Luke BalchaitisPosted
- Posts 4
- Votes 2
Post: HOA - Reserve Question

Luke BalchaitisPosted
- Posts 4
- Votes 2
First time buying a condo in Boca Raton and have some basic questions.
The community has been around for a while but trying to understand reserves (see attached).
Inside the master community, there are many subdivisions.
In addition, what else should I be asking or other documents requesting?
Thank you

Post: 1st time investing guidance ...

Luke BalchaitisPosted
- Posts 4
- Votes 2
Hello,
Currently in a single-family (150k left in mortgage) with current value of 500k. Thinking of selling and buying condo nearby for all cash 350-400k.
Then getting a new mortgage (50-75k down) for another 300k-350k unit nearby and renting it out.
Thoughts?
Who would you recommend reaching out to locally for suggestions/advice?
Real estate tax/accountant?
Boca/Palm Beach
Thank you
