Condo VS Apartment Rentals | DIFFERENCES EXPLAINED!

I noticed there is a lot of confusion about renting an apartment vs condo and most people don't know what the difference is. In this video, I will clarify so you as the renter, will be able to tell the difference hopefully decide which is right for you.

If you enjoy this video then check out my other videos I have listed below that you may like as well, and let me know in the comments, if you are interested in seeing a pros and cons of renting an apartment vs condo in the future 👍

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[karimsanchez]

I rented my condo, the owner wanted to sell it so I had to leave but I told him give me an offer, the offer was attractive and I bought the place . I am still there I like it

[ndubstar]

My biggest sticking point is a one year lease for many apartment s. Especially with moving to a new place and not sure where the job might be. A month to month would be best to start out.

[Musiqman]

Yes please to a pros and cons list for apt vs condo!

[ryans]

If you can find a small building like say 10 or less apartments it’s not bad cause most the time there’s a property manager that lives their and you get to know them since it’s small building and any issues can be solved pretty easily

[youngloenoe]

Now that's really good content! It's great to see the progress of your channel man.

[grudge]

Hi Michael, in a future video, could you also talk about renting a house and how it compares to renting an apartment or condo? Btw thank you for making such informational videos. I always learn something new and useful 😀

[lextacy]

I feel TOWNHOMES should have been included too. The difference being that townhomes allow a front-back dwelling minus the shared hallway.

[theoneandonlypinkypinky]

Very informative hank you! We live in a "luxury" co op and its a nightmare! Never again! Because of the virus we are thinking of renting when we leave NY and dont know much about renting thanks for clarifying!

[MrPAULONEAL]

If you rent a condo there would be a better chance of buying in the future.

[xbladexx]

Thank you so much . your video's have vary FRANK and to the point. i am about a month from moving from Canada to Florida and your video's have been priceless . video's on moving to Florida ? the best on Youtube.

[TikiShootah]

1 bed room apartment is for rent at $700


1 bedroom condo cost $100'000

[OiVinn-eqml]

I don’t want a house due to maintenance & life style. I considered a condo but there’s HOA, taxes, maintenance, etc. Plus I don’t want to be stuck in one place for many years. Depends if I like it. But I want to build equity & don’t want to throw away money by just renting. Then there’s townhomes, which I’ll look into later. Decisions decisions

[dashriprock]

It's funny how so many people confuse these terms with a style of property. Then they throw town house in the mix, which is a design aspect.
Also, in most states an off sight property manager is required by law to hold a real estate brokers license. An on sight manager at an apartment complex is not required to be a licensed broker.

[jamesstevens]

Hey Michael: Good video. One question: are there any laws to protect the tenant who rents a condo, and the owner happens to be in foreclosure on the unit, or after the tenant has lived in the unit for a while and the owner is being foreclosed on, and the bank or mortgage company gives an eviction notice to the owner’s tenant tenant (whose been paying his rent faithfully all the while). I’ve heard of this happening frequently a while back. Could be a resurgence of the problem given the state of the economy. Thanks.

[Lil-Be]

Thank you! I had no idea about the difference.

[stoicpoet]

Looking forward to your pros and cons video 😁

[ladydee]

I found this video as I am getting ready to retire in November. The retirement seminar teaches moving to another state rent first b4 buying. I own my home here in Wisconsin and looking to retire in another state. No way will I be able to pay rent and a mortgage here. This was helpful thanks

[RG-hfet]

I would NOT want a landlord knocking on my door every month. That is intrusive, imho.

[DavidPerez-ojdv]

THIER BOTH WORST MY HOUSE IS PAID OFF LOW TAXES, HOA IS A RIP OFF, RENT YOU MAKE THE LANDLORD RICH

[ERNIE]

Nice explanation...explains the homeless crisis in the US!