There are other advantages you can get as a condominium investor. As an investor aka owner of a rented room unit, you can enjoy the condo facility and stay free of charge, if the unit is not rented. Fun, is not it? If you are curious about botanik residence showflat, you can visit our website now.
If you do not want to sleep at home and want to spend the weekend with your family in a private condo, you can consider this advantage. That’s the various benefits you’ll get if you have a condo investment. However, do not rush to allocate your money! As a wise investor, you must also consider the various losses or weaknesses of condominium investment. Let’s continue our discussion of the disadvantages or disadvantages that you will incur when investing your money in condominiums.
As a condo investor, consider the following factors.
– Association Dues Condominiums
As one of the owners of a condo unit, you have a responsibility to make condominium association fee payments. This fee is indeed allocated for maintenance of various building maintenance operations that make you as an investor not to think about it. You only need to pay the dues along with other investors and leave all the arrangements to the management of the associated condominium association.
– Unit Condominium Not Liquid Fund
All properties are not liquid funds. For those of you who think that you can sell it at any time, you are wrong. Finding a condo seller with the right price is a pretty tough business, especially if you’re in need of fresh funds quickly. It is strongly recommended that you do not put your emergency funds on property type investments, including condominiums.
– Stay Closer With Neighbors
In contrast to private homes, condominiums will make you closer to the neighbors, if you occupy the condo as a place to live. The disadvantage that you usually get when living in a condo is, you can not choose your own neighbor, so you have to have a fairly high tolerance considering you have a closer distance to them. There are times when the noise happens and there is a rowdy noise that might disturb you or your condo tenant.