Investing in a condo might not be the best way to go
The folks at biggerpockets published an article about the downsides of investing in a condo. We are going to review those, plus expand that list with some of the rebelbrokers experiences in the area. Does this mean you should never invest in a condo? No, but as a guy who owns an investment condo, you REALLY need to do your homework. A poor choice or not enough due diligence in this scenario can cast you more than you can imagine.
We will also take a few minutes to chat about peak rent and how the increase in available apartments could impact your property for rent, no matter what type it is.
Finally, we will also cover another article that makes an interesting point about housing costs.