B
bkkguy
New Member
Does anyone know anything about the Melrose Landing building in Tampa? I am interested in purchasing but the price seems high to me when you consider what the rental income is. There is a UK company selling apartments for around $125k and I saw one on internet for $109k, although this could be an old price from the same company.
Is there any way to find prices of sold properties in the US? This would give me an idea of what they would be worth. Yield is only about 5% when you take into account property tax, HOA fees, etc.
I've seen other Tampa apartments for much less, but would these rent out and if so, for how much? Is it possible to get decent rental income by purchasing a cheap property in Tampa or elsewhere in the US. I'm look at $50-$100k price range.
I'm new to US market, so can someone explain HOA fees. They seem very high to me. What are they used for?
Is there any way to find prices of sold properties in the US? This would give me an idea of what they would be worth. Yield is only about 5% when you take into account property tax, HOA fees, etc.
I've seen other Tampa apartments for much less, but would these rent out and if so, for how much? Is it possible to get decent rental income by purchasing a cheap property in Tampa or elsewhere in the US. I'm look at $50-$100k price range.
I'm new to US market, so can someone explain HOA fees. They seem very high to me. What are they used for?
