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Updated almost 4 years ago on . Most recent reply

Rental apartments with HOA
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

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.