Quote:
Originally Posted by TripletDaddy
I recently looked into buying some condos at BYU.....south of campus.....go into it with another person and buy 4 of them. I was shocked at how low the rents are there. Seems like it would take a decade for enough appreciation to allow you to refi with any significant equity. Didnt seem worth it so we backed out.
Is there a better area in provo to consider?
|
The rich daddies of BYU kids really drive up prices around BYU. You get good appreciation but probably not good cap rate.