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Updated almost 11 years ago on . Most recent reply

Who pays HOA fees?
Hi,
I am going to rent out my house that has HOA fee of $30/month. Do you think is it better if I add $30/month to the rent and keep paying for the HOA fees myself, or I ask tenant to pays the HOA fees?
I understand that some HOA can take legal action for unpaid HOA fees. So, to keep things simple, I would like to just add the fees to monthly rent.
What do you think about it? Any pro and cons?
Thanks,
Donny
Most Popular Reply

You pay the HOA fees as a part of your cost of ownership. If the HOA offers amenities that the tenant would enjoy then use it as marketing - pool, trash, etc. You are renting the property at what the market will allow (not the market rent plus HOA fees) and pay the HOA payment out of the rent you collect.
I wouldn't put that responsibility into the hands of the tenant, the late fees and challenges with no payment is too much risk.