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Nesgroup address: misc.invest.real-estate - Date & Time for the message: 20 May 2005 01:26:48 -0700
/ Author of the message: "The Space Boss" |
Title of the message: |
Are condos and townhomes bad investments??
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Text of the message: |
The way I see it, there are two problems investing in Condos or Townhomes: #1) There is always the monthly association fee, which is often a couple hundred bucks a month. And, #2) You don't actually own the land where your investment is sitting on. Who owns this land then?? On the plus side though, condominiums seem to be at least 1/3rd cheaper than a house, which makes them attractive in that respect. Is my thinking on this wrong?? Please tell me your thoughts on this. I appreciate it, and thanks. . |
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Estaplace.com is one the Ceglia Giovanni projects, started on 20 July 2005, and online since 20 August as a real estate platform for listings, mainly operating on the Italian and American/English market in the Internet, Estaplace would like to become the point of referiment for home sellers and home buyers, a site where private owners or real estate agencies can have the possibility to show their offers to the world. Estaplace.com is only one of the Giovanni Ceglia's sites. Everyday Giovanni Ceglia works to improve new Internet tools and services for online marketing and business. Estaplace.com will become the biggest portal for real estate business and investments online.