Written by: Amy R. Remo
Investing in a condominium unit has long been considered as one of the best sources of passive income.
Apart from the fact that you have a tangible asset, gains can be had in two ways—through rentals that will give you additional monthly income and through capital gains as prices of condominiums have been seen to appreciate over time.
But the question many ask is: do I buy the pre-selling or ready-for-occupancy (RFO) units? There are equally compelling merits to both options, but if you want to immediately enjoy the benefits of your condo investment—whether as an end-user or as an investor—RFOs would be the way to go.
Based on estimates of Colliers Phili…
Keep on reading: Understanding the real value of RFOs