Comments on: Why Condominiums Are A Bad Rental Investment

By: Tyler

Tyler — Sun, 07 Feb 2010 19:53:06 +0000

Absolutely agree. Single family and small multifamily real estate investments are what individual investors should focus on.

By: Spicer Matthews

Spicer Matthews — Sat, 06 Feb 2010 00:38:58 +0000

I have made this mistake twice in my life. I will never do it again!!! Condos are tough to own even if you are going to live in them. The dues can be killer if they go up faster than your property value.

By: Gary Waters

Gary Waters — Tue, 12 Jan 2010 14:01:42 +0000

As a real estate agent I can certainly agree with you. Condos are best left to owner occupants who are willing to gamble that the expenses will remain in check as will as a high owner occupancy rate!

By: TheLandlord

TheLandlord — Tue, 12 Jan 2010 13:19:02 +0000

Hey Cliff! Glad to have you back! I’m glad for the agreeable comment. I was expecting a huge tizzy from the apartment building owners….but none as of yet have commented.

By: Clifford

Clifford — Tue, 12 Jan 2010 13:14:28 +0000

These are exactly the same reasons I gave years ago when buying investment property. I think many investors believe these are the cheapest (ergo) best way to get into investing. But I’m about mitigating risk and for me, condos present too many variables above and beyond what a regular house would present.