Forum Replies Created
Thank you all for your points of view and suggestions.
It looks as the HOA fees and management are a very important part of any "condo deal". I believe though that this can also be the good aspect of buying such kind of properties (e.g. good global maintenance of the buidling, less weather-related problems).
Do you suggest any other kind of property for a good cash flow return?
Sparkyoz, how do you find the Orlando market? Even if I like all about Florida, I am not sure about buying properties far away from the sea…Also, do you have information about setting up a bank account in the name of a LLC rather than a single indvidual?
Carlo
I just hope that all the valuable members that have contributed to this post will continue to do so in the near future. So far it has been an amazing source of information.
I am evaluating the opportunity of setting up a LLC to buy a condo in South Florida. I am interested in cash flow as I do not foresee mayor value appreciation in the near future.
What I am concerned it is mainly the HOA fees. I saw that condos (1br/1ba) in nice neighborhood and buildings in Miami can have HOA fees up to 600$….Carlo
