2. CONTENTS
● Tips for buying a condo as an investment
● Mistakes new condo investors make
● Questions to ask before becoming a landlord
● Condos as profitable investment
● Benefits of condominium investments
● Potential drawbacks of condominium investments
● Who should be looking for condos?
● References
3. Tips for buying a condo as an
investment
● Know your budget
● Budget including the closing
expenses
● Buy in gentrifying neighbourhood
● Think long-term
4. Tips for buying a condo as
an investment
● Pick a good location
● Invest in a condo that
promises high returns
● Explore less conventional
financing methods
● Ask about HOA fees rules &
condo fees
● Conduct an inspection
● Work with a real estate
agent
5. ● Trust the floor plan
● Don’t hire a lawyer
● Accept delays
● Think they have a warranty
● Hidden closing costs
● Buy at the wrong time
Mistakes new condo
investors make
6. Questions to ask before becoming a landlord
● Check if you have enough time to spend on
the property
● Is it an active investment role that is in
your mind?
● Are there any better options that can give
attractive returns?
7. Condos as profitable investments
● Buy to rent
● Affordability
● Play the maintenance-
free card
8. Benefits of Condominium Investments
● Low repair costs
● High demand due to
increased urbanization
● Shared amenities
attract renters
● More affordable than
single home units
● Upkeeps and
maintenance are simple
