@@scottlee9403 I think it depends on how it's run. Assuming you buy using conventional financing with 80% LTV, you would likely be getting negative cash flow on a long term rental basis when factoring in all expenses such as HOA fees. If you run it as a mid term rental, you should be able to break even or cash flow positive. Short term rental could be even more profitable, but options are limited to resort zoned areas and properties that are grandfathered in. Generally, most investors make their money through long term appreciation, which has been historically strong. If you'd like to chat more, please schedule a call here: bit.ly/callduc
Thanks for your post,would you please post some information about the condo lease market analysis,thanks
What do you mean by lease market? Do you mean from an investor's perspective?
@@livinginhonolulu yes, from an inverstor's perspective,the ROE of buying a condo for rent
@@scottlee9403 I think it depends on how it's run. Assuming you buy using conventional financing with 80% LTV, you would likely be getting negative cash flow on a long term rental basis when factoring in all expenses such as HOA fees. If you run it as a mid term rental, you should be able to break even or cash flow positive. Short term rental could be even more profitable, but options are limited to resort zoned areas and properties that are grandfathered in. Generally, most investors make their money through long term appreciation, which has been historically strong. If you'd like to chat more, please schedule a call here: bit.ly/callduc
Thanks a lot🎉