))
Don’t Forget the Association Fee
Manage episode 285724309 series 1016853
Contenido proporcionado por Evan Russell. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente Evan Russell o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
In this episode of “Russell Realty Minute Podcast,” Evan Russell, owner of the Russell Realty Group, discusses what to look for in buying a condo as a real estate investment. It’s important to consider all the fees, especially the association fee, to ensure that the property is cash flow positive.
"It seemed like they were cash flow positive until you dig really deep down and you find out there’s a special assessment on the unit in a condo fee, which turns a positive rent roll into a negative or almost break even really quickly." - Evan Russell [01:21]
What You Will Learn:
[00:00] Intro
[00:18] Don’t forget the association fee
[01:58] Outro
Resources:
Visit our website: https://www.therussellteam.com/
…
continue reading
"It seemed like they were cash flow positive until you dig really deep down and you find out there’s a special assessment on the unit in a condo fee, which turns a positive rent roll into a negative or almost break even really quickly." - Evan Russell [01:21]
What You Will Learn:
[00:00] Intro
[00:18] Don’t forget the association fee
[01:58] Outro
Resources:
Visit our website: https://www.therussellteam.com/
138 episodios
Compartir
