Live in Mexico – Retiring in a Playa del Carmen Beachfront Condo

In the commercial and residential real estate investment market condo conversions have become a controversial topic. Many experts say there are still profits to be made with condo conversions, while others assert that condo conversions are high risk and potentially lead to big losses.

Many condo conversion projects have reverted back to apartments due to slow sales.

Real Estate and Affordable Housing: The American Class War

Condo conversions can be built with more affordable prices in mind if the property is chosen correctly and the plan is designed with working class buyers in mind.

Condo conversions can create affordable housing available to working class families, especially in areas where single family home prices are too high for middle class residents. Investors interested in selling condos to the working and middle class have a great chance of being successful if they buy the right property, in the right location, where affordable housing is a necessity.

Tips for Condo Conversion Success

Tip 1. When marketing a condo conversion property think carefully about your niche markets.

Think Outside the Box with Condo Conversion: Commercial Investment Options

A condo conversion investment can be more profitable if residential space is sold on upper stories while first floor property is sold as retail or office space. If you think creatively about your condo conversion investment you will discover all the possibilities. The real estate you buy with condo conversion in mind must be well suited for this kind of project.

Condo Conversions - How to Succeed in a Changing Real Estate Market