Condos As Investment Properties

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The new statistics offer further evidence that people now view housing as an investment. and where nearly half of condos are owned by investors. Punitive taxation on unused property and foreign.

Being a landlord is one of the most lucrative ways to make investment income – as long as the rental property sits in a thriving market. If you live in an economically healthy market and you’re interested in investing in real estate, you might want to consider buying a condominium and renting it out.

Two months ago, we bought another investment property. The condo with two bedrooms and two baths was being sold through a short sale. The asking price was only $80,000. We did our research; the condo could rent for $1,300 per month in the market. So it’s a no-brainer. At the time, there were four other.

Lehman Brothers, for instance, wrote loans for condo projects, hotel purchases and other real estate deals here during the.

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Are condos good investment property? Asked by Jim, California Mon Jan 19, 2009. Someone told me that it is possible to purchase a 2/2, 900-1000 sf condo in overall good condition and in a safe neighbourhood in Vegas for as little $50K and the condo can fetch ~$800/month in rental income.

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Lavanda’s sweet spot is the big landlord (possibly an investment institution) that owns hundreds or thousands of rental properties. And by adding short-and medium turn rentals to their income stream,

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