lookingforcondo
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Posts posted by lookingforcondo
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You just need to keep renting if you're only going to be in it for a year. You're either going to waste money on rent, or you're going to waste money paying closing costs and commission to fluffy bunnys. You're not going to get enough appreciation in a year, espescially in a NEW construction condo where you can't do anything to add value to cover the expenses of buying.
If you're just hell bent on buying, find some terrible dump of a condo that you can get for under market, fix it up, and maybe....MAYBE make a little bit of profit on when you sell.
Thanks for the feedback. Makes sense. I'm not the fixer-upper type unfortunately. I was even considering buying something and then renting it after I move. I considered buying something in the burbs but I'm single no kids and would have nothing to do out there. Any areas inside the loop that are appreciating that I could purchase reasonably cheap and then look to sell in a few years? Are inner-loop condos easy to rent?
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Anyone have any opinions on the Jackson Hill Flats? I'm looking for a condo inside the loop and I really don't want to go higher than 170k if possible because I'm probably only going to be a here another year or so but my lease is due and taxes are killing me plus I hate wasting money in rent.
For the price, they appear pretty good and I like the location. Any red flags here that you all know of? Or any other suggestions in that range?
Thanks.
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Jackson Hill Flats At 320 Jackson Hill St.
in Uptown and Galleria Area
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Thanks for the advice. Does the same apply for housing outside the loop, say in Pearland?