Are Condos Good Investment?
I was reading a back issue of Working Mom which tackles buying condos as investment. Some buy them and have them rented out which pays off the monthly amortizations. I think it is a very good idea especially if the condo is from a very good developer.
My boss who is based in HK is also interested in buying properties here. I think the best for him are the Condo Hotels. That way he won’t have to worry for rentals administration. Then he can have a place to stay when he is here.
How about you? Do you think Condos / Condotels are good investments?
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