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Real Estate
Reply to "buying a condo with $350HOA fees"
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[quote=Anonymous][quote=Anonymous]What's the point of buying a condo? I am trying to understand why buy a 1 bedroom apartment/condo? Can you do anything to it? Is it almost the same as an apartment? [/quote] I can explain it to you in one sentence: No one can raise your rent or evict you. There’s other stuff, like being able to remodel the way you want to, and if you choose well, make some money on appreciation (which may not be as high as on a SFH but many people do very well). But in my opinion, the number one advantage over an apartment is stability. [/quote]
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