HOA changes whatever they want.

[Alex Moazeni]

Hi.

I have two rentals in forney tx.

Recently,the hoa started sending increas of fee notices plus $65 one time assessment fee.

I mean that's ridiculous.

And it's not only me .

All the landlords in the subdivision.

So any idea if I can negotiate or appeal this?

Thanks in advance.

[Tim Johnson]

Hi @Alex Moazeni, the "HOA" isn't someone else. You're part of it. These decisions are made together as a group of owners and the decisions are documented in official minutes. Sort of like how democracy is supposed to work. Having rentals where HOAs are strong and functioning DOES have its downside - it can also have advantages. Bottom line - understanding this is a huge part of investment calculations going in.