will it be considered a good investment to buy this kind of condo ?

Asked by Ilan, Cutler Bay, FL Sun Jun 17, 2012

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4
Ann Ryan, Agent, Doral, FL
Sun Jun 17, 2012
Ilan,

I think it's generally difficult to make a bad investment in real estate right now. However, a lot will depend on what your goals are. If you're looking to live in the property, the economics are different than if you plan on being a landlord. Give me a call if you'd like to discuss specifics - 786-332-7042.

Ann
0 votes
Sandra Batal…, Agent, Cutler Bay, FL
Sun Jun 17, 2012
I thimk its a great investment in the long term, meaning 5 years.
0 votes
Annette Law…, Agent, Palm Harbor, FL
Sun Jun 17, 2012
Condos are in most cases the least attractive of investment options.
This determination is made by information not shared in your question.
1. acquisition cost
2. monthly maintenance
3. rules and regulations
4. leasing/rent restriction
5. association financial health
6. residency restriction
7. investment objectives

You may find it beneficial to request a copy of my Florida Condo Buyer's Guide. Seven questions and how to evaluate the answers. Others have found the guide beneficial.
http://www.FloridaRealEstateMadeEasy.com
0 votes
Debra (Debbi…, Agent, Livingston, NJ
Sun Jun 17, 2012
I think you need to share more information!
0 votes
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