Investing in a condo can be a smart move. Firstly, condos are often more budget-friendly than purchasing a whole house, making them an excellent entry point for individuals looking to start real estate investing without depleting their savings.
Additionally, condo associations typically handle various maintenance tasks, so you won’t have to worry about repairing the roof or maintaining the lawn.
Moreover, many condos offer enticing amenities such as pools, gyms, and security services, making them highly appealing to renters and allowing you to charge higher rents.