Don't invest in a condo! 4 reasons you should stay away!

🚫 Don't Invest in a Condo! 🚫
Think pre-construction condos are a surefire path to wealth? Think again! Join us as we reveal four critical reasons to avoid condo investments in Toronto.
💡 What You’ll Learn:
The risks of relying on market timing.
Why condos appreciate slower than homes.
The reality of cash flow negativity.
How realtor incentives can mislead you.
Watch now to learn the truth and make informed investment choices! 🏢✨
👉 Subscribe for more real estate insights!
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🌐 www.volitionprop.com
📞 1-877-416-BRRR
📣 VolitionProp
📣 volitionproperties
📣www.ca.linkedin.com/company/volitionprop
Volition Properties is an award-winning Toronto boutique real estate investment firm. We provide real estate education, help clients buy investment properties, renovate and build income properties, and have sophisticated property management. We have helped clients invest over $250M in real estate in the Toronto area - we can guide you too!

[@SamanoSoleyn]

What about a town house

[@venturevlogz]

Wish you would have given a specific scenario with $ that would make sense for condos. Kind of an empty video.

[@VolitionProperties]

Thanks for the feedback! We'll have another video coming up which will go through the scenarios when it might make sense to buy an investment condo. Please keep a look out for that!

[@uhohitsdanny]

I agree with the video depending on the location. For places like Los Angeles CA with high interest rates, if a person is making middle-class salary where they are netting ~$5k+ a month and ideally have dual income from their SO, the monthly mortgage for a ~$450k condo is so much easier to handle than a house here. A house would be living paycheck to paycheck here whereas a condo would be more money left over to either make extra payments or save. In this scenario I view condos more beneficial since the extra payments can speed boost the mortgage payments and get to rentals sooner which can eventually fund your next home. The lower payments can also alleviate getting laid off a bit as well and even more once rentals exceed the monthly mortgage.