Investment - Buying Condo?

[jivvakoruchi_burrokobuddi]

like to know pros and cons , please share your experience. Thanks..

[Rendu]

[kakatiya]

Condos good choice

Rent vache area lo aithe inka manchidhi
Maintenance kooda takkuva

Garage vunte inka best

[KukkaSekharaGajji]

Ekkada?

Entha?

Rent entha?

HOA entha?

ae year built?

how many Beds & Bath

How is local economy

[CrudeOil]

:3D_Smiles:  :3D_Smiles:  :3D_Smiles:  :3D_Smiles:

[jivvakoruchi_burrokobuddi]

Condos good choice

Rent vache area lo aithe inka manchidhi
Maintenance kooda takkuva

Garage vunte inka best

check list to be followed, to buy condo.

[KukkaSekharaGajji]

if the monthly rent you can get is 1% of the price u pay - then you can buy

[jivvakoruchi_burrokobuddi]

Ekkada?

Entha?

Rent entha?

HOA entha?

ae year built?

how many Beds & Bath

How is local economy

HOA ante?

[jivvakoruchi_burrokobuddi]

if the monthly rent you can get is 1% of the price u pay - then you can buy

on what math basis is this 1% thumb rule ?

 

maintenance fees is close to mortgage.(30 years mortgage).

is there any thumb rule on maintenance fees ? 

[mettastar]

HOA ante?

Home owners association fee.
Illu unna community lo oweners andaru kalisi community maintenance cheyinchadaniki ayye karchu share chesukuntaru

[jivvakoruchi_burrokobuddi]

Home owners association fee.
Illu unna community lo oweners andaru kalisi community maintenance cheyinchadaniki ayye karchu share chesukunta

Thanks

[KukkaSekharaGajji]

on what math basis is this 1% thumb rule ?
 
maintenance fees is close to mortgage.(30 years mortgage).
is there any thumb rule on maintenance fees ?

maintenance ante hoa ani uddeshama?

the older the building the higher it is

subtract maintenance from rent and then if its close to 1% then buy

of course,real estate is local and there might be diff variables in different locations

this is the general thumb rule

[jivvakoruchi_burrokobuddi]

maintenance ante hoa ani uddeshama?

the older the building the higher it is

subtract maintenance from rent and then if its close to 1% then buy

of course,real estate is local and there might be diff variables in different locations

this is the general thumb rule

thanks