Are Condos a Bad Investment

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  • čas přidán 11. 09. 2024

Komentáře • 34

  • @603Guy
    @603Guy Před 4 měsíci +4

    Hey Chris...i can increase your roi to 35%-45%
    Step 1: in your lease agreement change tenancy at will clause to double the rental rate or air bnb rate; if your lease expires!
    Step 2: offer your tenants buyer-agent tour agreement at 2.5% at any time they want to buy a house!
    Step 3: let them out of lease agreement 2 weeks after escrow. Step 4: Rent investment property at new increased market conditions!.... And yes i'm a real estate millionaire!

  • @EntrepreneursBusinessandServic
    @EntrepreneursBusinessandServic Před 4 měsíci +4

    I would not buy a condo again. Not for me. Too many restrictions and rules. I do not want no more association fees. Living in a condo etc. invades my privacy. Nosey neighbors. My next investment is a house. Rent to own.

  • @CurtisConner413
    @CurtisConner413 Před 4 měsíci +2

    Great video. I don't know if I would move up to buying condos, especially around the area where I live. I do want to eventually move up to buying apartment buildings. Baby steps. Thanks Kris

  • @robertficek7586
    @robertficek7586 Před měsícem

    8:09 not sure where these numbers come from, i think you meant 2.5% not 25% and I dont know how you get to $4.3M since the initial investment and income was not mentioned. I agree single family home investment is very advantageous for all the reasons you mentioned, but its not for everyone. Maintenance is a requirement in the lease agreement and with single family its the responsibility of the owner and its not passive income.

  • @Jamesharrison77597
    @Jamesharrison77597 Před 4 měsíci +13

    Glory to God Almighty❤,So much happiness, $47k weekly returns has been life changing. AWESOME GOD I now have a house and can now afford anything for my family even with my Retirement..

    • @SarahRoberts8965-qd9mr
      @SarahRoberts8965-qd9mr Před 4 měsíci

      Hello how do you make such weekly?? I'm a born Christian and sometimes I feel so down of myself because of low finance but I still believe in God.

    • @Jamesharrison77597
      @Jamesharrison77597 Před 4 měsíci

      Franca wellis ,I really appreciate her efforts and transparency..

    • @Jamesharrison77597
      @Jamesharrison77597 Před 4 měsíci

      I remember giving her my first savings $20000 and she opened a brokerage account for me it turned out to be the best thing that ever happened to me.

    • @RitaSarsh2452
      @RitaSarsh2452 Před 4 měsíci

      This is a definition of God's unending provisions for his people. God remains faithful to his words. I receive this for my household🙏🙏

    • @AbrahamDavid11323
      @AbrahamDavid11323 Před 4 měsíci

      YES!!! That's exactly her name (Franca Wellis ) so many people have recommended highly about her and am just starting with her from Brisbane Australia.

  • @bernicetownsend706
    @bernicetownsend706 Před 4 měsíci

    If you don't pay your HOA/common charges the Board can foreclosure on you... You're also at their Mercy to keep the place up.

  • @breshawnaplantagenett3956
    @breshawnaplantagenett3956 Před měsícem

    🇵🇦🇵🇦🇵🇦

  • @kindrs2rud
    @kindrs2rud Před měsícem

    Condos are complete garbage