hello;
I am considering to buy a condo in downtown for investment and would like to get some advice on what kind of condo ( two bedrooms or single bedroom ) is easy to be rented out or saled in the future?
thank you and happy new year!!
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question about buying a condo for investment in downtown
hello;
I am considering to buy a condo in downtown for investment and would like to get some advice on what kind of condo ( two bedrooms or single bedroom ) is easy to be rented out or saled in the future?
thank you and happy new year!!
Last edited by slcchyd; 12-27-2009 at 11:47 PM.
owned by an '08 n00b! LOL
Be sure to get a safe condom that doesn't break
Originally posted by GTS Jeff
You know those bored stay at home moms who's entire lives revolve around driving their kids to soccer, various cleaning accessories, and worrying about neighbourhood rapists? The kind of people that watch the View and go "uh huh..." Those unfulfilled people who try to fill the void in their empty lives by writing whiny letters to the editor complaining about shit that no one really cares about?
Well imagine if instead of writing that letter to the editor, she just posts on a car forum for car enthusiasts. That's Kritafo.
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2 bedrooms are good sellers
I like the newer or updated buidlings. I can only assume the nicer buildings rent quicker
ps: drop the last letter,.. it doesn't look good on you,.. or maybe it does?
Last edited by barmanjay; 12-27-2009 at 11:42 PM.
Burn some serious rubber on your Wedding Night!!
Renovating a home the hard way:
http://propertysensei.wordpress.com/
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beat me to it!Originally posted by dj_rice
Be sure to get a safe condom that doesn't break
TRUTH: it's the new hate speech.
In a time of universal deceit - telling the truth is a revolutionary act. - Orwell
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you need a condom downtown, i dont consider it an investment just a necessity.
Originally posted by adam c
Line goes up, line goes down, line does squiggly things and fucks Alberta"The stone age didn't end because we ran out of stones"
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thank you
Originally posted by barmanjay
2 bedrooms are good sellers
I like the newer or updated buidlings. I can only assume the nicer buildings rent quicker
ps: drop the last letter,.. it doesn't look good on you,.. or maybe it does?
just a trick to catch sbs' eyes. I dropped it already. appreciate your reply!
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I'll second the 2 bedroom idea. Even single guys would like to have a room for their computer or for in-unit storage.
Also, if this is for rental, don't pay more for a better view, you probably won't recover that investment until you sell.
Whatever building you are looking for, check to see if any units are currently for rent, and see what ratio of rental income to purchase cost is for various buildings and areas of downtown.
And, like any condo purchase, have the condo docs looked over my a professional before you close. Make "acceptable review of condo docs" a condition on your sale. This is the most important thing for ANY condo purchase.
Good luck.
Originally Posted by killramos
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for investment in downtown one bedroom is always better than two bedrooms because the cost of a second bedroom will cost you $100k+ easy, for this amount extra you will never cover it by rental difference. When you decide to sell it, half of the people who have money for 2 bedroom condo in downtown will choose to buy a single house else where...
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