Recent content by jae.pike

Also ask how decisions are made when shared work is needed. A well-funded building can still be frustrating if owners have little influence, while a townhouse in a shared development may not provide the independence you expect. Control and financial responsibility need to be assessed separately.

Once borrowing is included, the main question becomes whether turnover is even the largest risk. Scheduled rent is only $47,868 a year against a $1.28m purchase price, so fixed expenses already have limited room to move. A different interest cost or down payment could alter cash flow more than...