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Potential_Ship5662 t1_iro1vvo wrote

I live in the community and own multiple units at both Capitol and Rialto. It’s a good investment.

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MuskIsKing OP t1_irpaf9y wrote

But how do you manage profitability considering the high HOA, taxes, maintenance etc. not considering mortgage assuming you paid out apartment.

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Potential_Ship5662 t1_isll4fr wrote

The 1br condos are cheap and there is a tax abatement. The HOA is ~$500/mo. Renting out between $2400-$2900 you make profit each month. Pretty easy.

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