Questions about HOA Fees

[Parker Jackson]

Hi everyone! I've been looking into some properties that make sense numbers wise. However, they all have monthly HOA fees associated with them. I have looked up a few things about these fees, but I still don't totally understand them. The numbers would all make sense and it would be a great deal if I could eliminate all the HOA fees.

Does anyone have any experience with HOA fees that they'd be willing to share? Is there a legal way to eliminate the fees or do they just come with certain homes? I'd love any feedback or experiences that you have! Thanks so much!

[CJ M.]

@Parker Jackson

Nope. HOA fees need to be calculated as another line item on your expenses. Nothing most people can do about them.