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Updated almost 4 years ago on . Most recent reply

User Stats

11
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2
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Steven Schaad
  • Farmers Branch Texas
2
Votes |
11
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Rental apartments with HOA

Steven Schaad
  • Farmers Branch Texas
Posted

I'm looking at buying some condos for rentals. These condos have HOA fees. Should I avoid HOA fees always?

thank you,
steven 

Most Popular Reply

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306
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183
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Chris Salerno
  • Rental Property Investor
  • Charlotte NC
183
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306
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Chris Salerno
  • Rental Property Investor
  • Charlotte NC
Replied
Originally posted by @Steven Schaad:

I'm looking at buying some condos for rentals. These condos have HOA fees. Should I avoid HOA fees always?

thank you,
steven 

HOA can hurt your returns big time. Unless HOA allows you to Airbnb and you make money that way.

Thus is why I left single family and went into Multi-Family. 

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