But,I don't see that there is any appreciation in apartments in the three years since I bought - even in "the location" of Andrassy.
The big disadvantage of buying and selling quickly is that a huge chunk of capital appreciation is eaten up by fees and transaction costs.Have an offer of 240,000. (bought for 197,000 and renovated for 20,000)
devoto you paid 217,000 and you can sell for 240,000 , more then 10% appreciation. real estate investment is not for short time, you can either try a different management company - bear in mind that most of them has service problem to some degree - or just close the apartment and keep it empty without having the need to pay any special costs...
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