Are Condos A Good Investment?

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Comments

1. Condos can in some cases be a good investment. The secret is to find ones in a desirable neighborhood with low assessments hold it for a few years and get out before he assessments go up. The biggest winner on condos is the developer. They were originally designed to help developers make more money from one building.
2. My parents bought a condo, and it's 4x the price of what it was worth.
3. I like this guy!
4. where was this video two years ago would have saved me a lot of hassle
5. I thought the title said condoms when i clicked it haha
6. a condo in Toronto is $400,000+. for a one bedroom.
   
   not sure that's a good investment
7. I bought a condo that had a 40 dollar a month association fee and on year five I was paying 250. Sold it at a loss. Condos are a BAD INVESTMENT PERIOD!!!!
8. I like this country guy, he talk money
9. What about a condo in a "gentrifying" neighborhood?
10. this is stupid. contrary to popular belief all the rich people I know RENT. it's the middle class that needs to own their place to live
11. I bought a condo in Haleiwa HI in 2012 for $475,000. Today it's worth $530,000! By the way I'm positive cash flowing $1,000 positive net every month.
12. hello
13. In the right area a condo is an EXCELLENT investment. I bought a small one bedroom condo in the boston suburbs. It is now worth 3 times what I paid for it. I get all my heat, water and property taxes for about $500 a month
14. How can you tell when a Realtor is lying? (hint: it has to do with the agent's lips)