Are HOA's An Expense Issue?

[Josh Oaten]

I am looking to start my REI journey around Phoenix, Arizona. When researching single family homes around the $250K-$300K price range in places such as Gilbert, Goodyear, Tempe, Litchfield Park I am finding that most of these places come with HOA fees. Is this normal? Could it be the price range I am looking in or could it be the areas I'm looking?

Are HOA fees an issue for seasoned investors, let alone someone just starting out like me and should I try to steer clear of places that come with a HOA tie or is it just an inevitable fact of REI?

[Michael Johnson]

As a homeowner I can say that HOAs are very normal and common in the Phoenix area.  

The standard of implemention of HOA rules and enforcement vary from community to community. As due the rates and frequency of dues.

Another thing to watch for is HOA transfer fees from the previous owner to the prospective owner.

Just my 2¢. I'm sure the professionals will chime in soon.

Regards