A 37-year-old who is financially independent from her 12-unit real estate portfolio says 'investors overlook condos.' She explains why this type of property is a smart investment and her 'secret sauce.'
"I started very small," said McIntyre, who now owns 12 units across nine properties, according to settlement statements viewed by Insider, and has writtenWhile a condo — which is different from a single-family home, in that you own the home itself but not the land it sits on — was all she could afford at the time, she still believes this type of property is a smart investment.
McIntyre doesn't mind that condos are underrated. It means less competition, she noted:"A lot of people don't like condos so they're a little easier to get. That's my secret sauce."investing in multi-family properties Consider the maintenance required for a single-family home, she said:"You have just one property but you're paying for everything: You have to deal with the landscaping, the roof, the lawn. It's a lot."
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