Condo or detached house?? - Posted by Rosalind Endriga
Posted by Rosalind Endriga on June 02, 2006 at 23:34:08:
I am trying to buy my second investment property and I need advice if I should go for a condo or a house. of course the condo is cheaper, but I don’t own the land…as opposed to the house, though more expensive, I own the land. living area is about the same, 936 sq.ft, 2BR 1BA for the condo at $340k, 3BA 1BA for the house at $415k but I have a beautiful deck and landscaped backyard w/ a huge walnut tree. the condo is located in Benicia, CA, while the house in Vallejo, CA. the condo was a conversion, so everything is brand new. for those of you who are familiar with the San Francisco east bay area, which do you think I should go for? I could rent them both for $1450/mo. The condo has breathtaking views of the Benicia hills. the house has no view, but does have a beautiful backyard.