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Updated over 3 years ago on . Most recent reply

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John Nelson
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Short term rental HOA dues

John Nelson
Posted

I'm wondering your thoughts regarding a short term rental investment property that has HOA dues. Is there a sweet spot in terms of price of the dues that you want to be in? Or do you want to avoid HOA dues all together? If you can't avoid the HOA, what would be the max per month? Thanks!

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259
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Luke Trovinger
  • Realtor
  • Denver, CO
153
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259
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Luke Trovinger
  • Realtor
  • Denver, CO
Replied

Hey @John Nelson! If the numbers work including the HOA dues, then you're probably set from a dollar perspective. My real concern with short term rentals and HOAs is that the HOA likely has rules on short term rentals, and often unfavorable. Definitely double check with the HOA you're considering to see if short term rentals are allowed in the community. Best of luck!

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