Home Buying in Bronx>Question Details

Jami, Both Buyer and Seller in Queens, NY

Are condos a good investment?

Asked by Jami, Queens, NY Wed May 22, 2013

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Answers

4
Well, what did you decide? Wondering if you went the condo route....
0 votes Thank Flag Link Fri Dec 6, 2013
A condominium is a great investment, the interior space of the unit is individually owned, so basically you actually own the property not shares. Condos have the benefit of the maintenance being taken care of by the association; so, no shoveling snow, raking leaves or fixing a leaky roof this is all taken care of by the property management.
It is great way to own real property get the tax benefits and not be stressed out with maintenance and responsibility of a single home owner. Condos are a good investment and great for those who need a carefree lifestyle!
0 votes Thank Flag Link Tue May 28, 2013
If condos meet your financials, wants, needs, etc., then why not consider a purchase...
0 votes Thank Flag Link Fri May 24, 2013
Depends on your Real Estate Market! A local Agent can help you determine the best, current investment.
0 votes Thank Flag Link Thu May 23, 2013
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