Author Topic: Stacked Single Family Home  (Read 1267 times)

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Offline SirJohn

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Re: Stacked Single Family Home
« Reply #45 on: March 25, 2018, 09:59:40 am »
Were property taxes and insurance part of that fee?

Nope. I actually do own a condo on the edge of the city, a high rise, which I rent out. It's a middle income building and the condo fees rose to over $650 this year. That covers utilities and regular maintenance, though if something is wrong with your own unit you pay for that.  On top of that there's a special requirement to replace all the windows and I'll be required to fork over $9,000 as my share this year or next.

On the upside, when I bought it three years ago it cost under $200k. And it's an extremely large 2 bedroom with lots of light.
« Last Edit: March 25, 2018, 10:13:11 am by SirJohn »
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