Got a few questions, been toying around with the idea of buying an apartment at a nice complex to live out of for a few years till I decide to settle down and buy a house and then proceed to rent the apartment out.
For those of you that have done it, how does it work? Do you pay a monthly fee to the apartment complex for maintenance and amenities on top of your monthly payments for the apartment itself? Kind of like HOA payments?
For all you old guys that can't comprehend why I would want to do this, I'm not looking to get into a house at the moment being single and not sure if I will stay in the metroplex long term. Also, decent homes in my area are well over my budget on a single income and on mt budget, so an apartment or condo seems like a decent investment for my situation.
Thanks in advance guys.
For those of you that have done it, how does it work? Do you pay a monthly fee to the apartment complex for maintenance and amenities on top of your monthly payments for the apartment itself? Kind of like HOA payments?
For all you old guys that can't comprehend why I would want to do this, I'm not looking to get into a house at the moment being single and not sure if I will stay in the metroplex long term. Also, decent homes in my area are well over my budget on a single income and on mt budget, so an apartment or condo seems like a decent investment for my situation.
Thanks in advance guys.
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