May 17 2010, 01:16 AM
QUOTE(quiksand @ Nov 12 2009, 06:03 PM)
Just curious to know what you guys think. Would it be wise if I purcashed an apartment for investment purposes, but initially I would like to occupy it first?
The downside would be I'd be paying the mortage own pocket (no rental income) but with time (fingers crossed), the ROI would come from the capital appreciation.
Thoughts anyone?
TBH, capital appreciation will be minimal for apartments. Landed properties tend to appreciate faster. But renting out the rooms will sure ease your load of paying the mortgage. Plus, i guess rent collection will be easier, as you are staying in the same unit The downside would be I'd be paying the mortage own pocket (no rental income) but with time (fingers crossed), the ROI would come from the capital appreciation.
Thoughts anyone?
Quote
0.0172sec
1.20
6 queries
GZIP Disabled