Its crazy to me. Where I live a condo downtown will have 1k assesments and 1k in taxes per month and I have been told. Not sure if its true that there are services that send out a cleaning crew once a month to keep empty ones in good condition. Yeah they are worth a lot but if not rented in some way its 25k a year or more. Makes no sense to me.
Its crazy to me. Where I live a condo downtown will have 1k assesments and 1k in taxes per month and I have been told. Not sure if its true that there are services that send out a cleaning crew once a month to keep empty ones in good condition. Yeah they are worth a lot but if not rented in some way its 25k a year or more. Makes no sense to me.
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I would call that pretty risky given housing prices can collapse and you have to pay even if you can’t sell.