NOVA Students would you buy a condo

[Doc AdamK in 2006]

Hey I was accepted to NOVA and I was wondering if it would be smart to buy a condo.

I would probably buy a 2 to 3 bedroom condo and share it.

The mortage would probably be way lower than the regular apt rent.
In the long run would it be a better investment. I'm originally from Buffalo but I may want to stay in Florida. I could keep renting it out to NOVA students and make money off the deal or just pay off the mortage quicker.

Thanks

AK

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[mistirvr]

Nope, no way, uh-uh! Of course, that's just me...I'm stressing over paying rent and don't think I could handle the mortgage AND the responsibility of repairs (and/or keeping up with renters) while getting through the med school curriculum! :wink:

But, if you can swing it, I think it's a great way to build up equity and really feel "at home" in Fort Lauderdale!

-Melissa