Buying a House vs. a Condominium as a Rental Property Group 2 EGR 403 Section 02.

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Buying a House vs. a Condominium as a Rental Property Group 2 EGR 403 Section 02 Team Members: Samuel Mebasser Tim Craig Bryan Hannah Michael Lai Henry.

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Presentation transcript:

Buying a House vs. a Condominium as a Rental Property Group 2 EGR 403 Section 02

Team Members  Tim Craig – Summarizer  Samuel Mebasser – Organizer  Henry Phan – Techie  Kuang-Chih Lai – Techie  Bryan Hannah - Research

Scenario  Upper Middle Class Engineer or Executive  Looking to invest in real estate  Considering condominium in a gated community or a single family home  Property will be used for rental purposes and possible resale in the future.

Options  Condominium Two BedroomTwo Bedroom One BathroomOne Bathroom KitchenKitchen GarageGarage Community PoolCommunity Pool Community Tennis CourtCommunity Tennis Court West Los Angeles AreaWest Los Angeles Area  Single Family Home Four Bedrooms Two Bathrooms Kitchen Garage Dining Room Backyard Pool West Los Angeles Area

Resources  Internet  Real Estate Brokers/ Agents  Newspaper Property listings  City Hall