/biz/ - Business & Finance

>>56024109
Condos are usually a shit investment but not 100% of the time. It all comes back to the HOA and the construction quality of the building. You also need to make sure your property has some sort of feature or draw, typically a desirable view or high quality amenities. Most people aren’t able to tease out the good ones from the bad ones. You can try to get a realtor that specializes in condos but even if they actually know their shit, they’re more incentivized to close a deal than actually advise you well unless you’re a close friend or something. I will say that that even though condos don’t appreciate strongly during good markets, they usually don’t crash as hard during poor markets. You’re probably best off sticking to single family if you’re a novice in the real estate game.