Comments on: What are the best areas in the country to purchase a condo for investment purposes? http://www.thearealist.com/areas/what-are-the-best-areas-in-the-country-to-purchase-a-condo-for-investment-purposes Fri, 03 Feb 2012 13:07:59 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: REALTOR http://www.thearealist.com/areas/what-are-the-best-areas-in-the-country-to-purchase-a-condo-for-investment-purposes/comment-page-1#comment-1356 REALTOR Mon, 30 Nov 2009 14:07:59 +0000 http://www.thearealist.com/areas/what-are-the-best-areas-in-the-country-to-purchase-a-condo-for-investment-purposes#comment-1356 It will not be a short term investment. If you buy now and keep it for 5-6 years, you'll make money. Southern California is a good place. The prices leveled out now and they'll go up (not next year, of course, but in about 5-6 years.) If you want to rent out the place, a condo is better because there's less maintenance to worry about and it's easier to find renters.) If you want to be a long distance landlord, you need somebody to keep an eye on your investment. When a customer of mine buys a place through me and rents it out, I act as a manager of a place with no charge to the owner. I do it as a bonus to my clients. Contact me, if you want to talk.<br><b>References : </b><br>www.century21homes2buy.com It will not be a short term investment. If you buy now and keep it for 5-6 years, you’ll make money.
Southern California is a good place. The prices leveled out now and they’ll go up (not next year, of course, but in about 5-6 years.)
If you want to rent out the place, a condo is better because there’s less maintenance to worry about and it’s easier to find renters.)
If you want to be a long distance landlord, you need somebody to keep an eye on your investment. When a customer of mine buys a place through me and rents it out, I act as a manager of a place with no charge to the owner. I do it as a bonus to my clients. Contact me, if you want to talk.
References :
http://www.century21homes2buy.com

]]> By: C.O.G http://www.thearealist.com/areas/what-are-the-best-areas-in-the-country-to-purchase-a-condo-for-investment-purposes/comment-page-1#comment-1355 C.O.G Mon, 30 Nov 2009 13:32:59 +0000 http://www.thearealist.com/areas/what-are-the-best-areas-in-the-country-to-purchase-a-condo-for-investment-purposes#comment-1355 I have been looking at properties near colleges. many colleges are over crowded & students have financial aid refunds to pay rent. The trick is making sure they will respect the property but I guarantee, there is always a need for that property.<br><b>References : </b><br> I have been looking at properties near colleges. many colleges are over crowded & students have financial aid refunds to pay rent. The trick is making sure they will respect the property but I guarantee, there is always a need for that property.
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]]> By: frogskin13 http://www.thearealist.com/areas/what-are-the-best-areas-in-the-country-to-purchase-a-condo-for-investment-purposes/comment-page-1#comment-1354 frogskin13 Mon, 30 Nov 2009 13:07:59 +0000 http://www.thearealist.com/areas/what-are-the-best-areas-in-the-country-to-purchase-a-condo-for-investment-purposes#comment-1354 I would wait until the housing downturn is over. Prices of homes and condos are decreasing right now and it will be a little while before they start going back up. If you buy a home/condo right now, it might lose value. Wait for the bottom to hit and then buy.<br><b>References : </b><br> I would wait until the housing downturn is over. Prices of homes and condos are decreasing right now and it will be a little while before they start going back up.

If you buy a home/condo right now, it might lose value. Wait for the bottom to hit and then buy.
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]]> By: Ask M http://www.thearealist.com/areas/what-are-the-best-areas-in-the-country-to-purchase-a-condo-for-investment-purposes/comment-page-1#comment-1353 Ask M Mon, 30 Nov 2009 12:48:59 +0000 http://www.thearealist.com/areas/what-are-the-best-areas-in-the-country-to-purchase-a-condo-for-investment-purposes#comment-1353 anywhere<br><b>References : </b><br> anywhere
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