For many people, the idea of buying real estate is oftentimes limited to buying a house or a condominium. But when you get more involved in the industry, you learn about the large variety of options available for investors, from residential to commercial real estate, to land, and so on.

If you own a condo, you’re familiar with terms like “special assessment”, “board of directors” or “rules and regulations”. And probably, you don’t like those terms.

In this week’s podcast, I explain in general terms the pros and cons of acquiring condos versus investing in multifamily property to give you an idea of what you can expect when acquiring condominiums.