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Updated over 1 year ago on . Most recent reply
Vacation Rentals with an HOA
I know it's usually a bad idea to use a property with an HOA as a short term rental, if it's even allowed. Has anyone out there attempted this or managed to be successful? What was your experience?
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
#1 Short-Term & Vacation Rental Discussions Contributor
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- Greer, SC
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John Underwood
#1 Short-Term & Vacation Rental Discussions Contributor
#1 Short-Term & Vacation Rental Discussions Contributor
- Investor
- Greer, SC
Quote from @V.G Jason:
Hard no to HOAs. Sure everyone can tell you success stories, but let someone share the story of the rules changing on them. Do you want to marry that downside or just want to hear the upside?
I agree. Hard no to HOA properties. It is not worth the risk of large assessments or rules changing that are both out of your control.