Choosing between a condo and a single-family home as an investment property can mean weighing a variety of differences between them and deciding which best fits your investment goals. Knowing the pros and cons of each property style, as well as what to watch out for, will help you get the financial results you’re looking for in your investment property.
For an investment property to be successful, it needs to attract ideal tenants that will commit to renting from you long-term. So how do you find the best tenants for a condo? Finding the right tenants can be an involved process with interviews, background checks, and reviewing proof of financial stability, among other things.
At 1,360 square feet, the Rubinstein model at Symphony Tower has all the well-designed space you’ll need to live your best life. A generous floor plan with stunning views from two outdoor balcony spaces, the layout has been thoughtfully designed for a comfortable and modern lifestyle. The Rubinstein boasts a bright, open concept living area and a luxurious master suite fit to be called a classic.
Shopping for and buying a condo is an exciting process – choosing a new home that fits your lifestyle, your design style, and your functional needs. But finding that perfect home is also about ensuring a financially successful investment, and how the property’s condo board operates is an important factor to whether your money - and your new home - will be properly managed.
You’ve purchased your ideal condo and you’re excited to start your new life in a new space. But your existing furniture is either unfitting or entirely non-existent. You want your new home to have that special ambiance; one that speaks to you, your style, and your way of life.
There are so many fantastic reasons to buy a condo: freedom to travel, financial stability and growth, gleaning a new lifestyle, and convenience among many others. The list of motivations to buy a condo can be quite extensive, and you might be eager to move forward on a purchase as soon as possible.