Navigating Homeowners Associations (HOAs) as an Airbnb Investor: A Double-Edge

[Luis Bedoya]

Hey fellow investors,

I wanted to bring up a topic that often causes headaches for us in the Airbnb investing scene: Homeowners Associations (HOAs).

There's no doubt that investing in properties within HOAs can be a bit of a risky gamble. On the one hand, they offer benefits like communal amenities and maintained aesthetics, which can be a draw for potential guests.

However, the flip side of that coin is that HOAs hold the power to change their regulations on a whim, which can be a massive roadblock if they decide to shut down short-term rentals.

In some fortunate scenarios, HOAs are quite amenable to Airbnb operations, and it can indeed work to our benefit. But, as many of us have experienced, it's not always smooth sailing.

I think it's important to consider investing in regions where the entire community is oriented towards short-term rentals. This way, we ensure that everyone is on the same page, reducing potential conflicts with long-term residents who might not be thrilled about frequent guest turnover.

As always, diligent research and understanding the risks and rewards is key. But I'd love to hear about your experiences and thoughts on this matter.

Have you found success with HOAs, or is it a situation you try to avoid at all costs? Let's discuss.

Cheers.