and renting it out every now and then to help pay for it. Does anybody out there do this and how well does it work? Is it hard to find people to rent it from you? Have you had anybody totally destroy your stuff? Thanks.
2007-09-25 11:00:10 · 2 answers · asked by markandjess2003 3 in Business & Finance ➔ Renting & Real Estate
The rental market is tough right now but its a good tiem to buy. Don't buy anything you can't afford even if you get no rent. There are 100's of people in Florida who did that and they regret it.
2007-09-25 15:40:29 · answer #1 · answered by sm4125 3 · 0⤊ 0⤋
Although I've not done this before, I would suggest first checking into homeowners fees. Condos are most often have a board of directors owned by homeowners. Most homeowners want to keep their property in good condition, so they charge a lot of maintenance fees. In some cases, the expenses may not be worth the investment.
2007-09-25 19:09:06 · answer #2 · answered by Anonymous · 0⤊ 0⤋