Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

User Stats

193
Posts
88
Votes
Kim Handelman
  • Real Estate Agent
  • Guilford, CT
88
Votes |
193
Posts

Wholesale lead - Condo with $642 HOA fees OUCH! Worth persuing?

Kim Handelman
  • Real Estate Agent
  • Guilford, CT
Posted

Hey All,

I finally got my first call from my mailings and in the woman's own words "I'm desperate to get rid of it". Gorgeous "A" community but HOA fees are steep. Other comp units aren't selling - 2 have been on the market for almost a year. Usually I'd think if I could get it cheap enough then the rehabber could sell for less and turn it quickly but this HOA problem makes me think it may be dead in the water. Is there a way to save this or should I just walk away?

  • Kim Handelman
  • Loading replies...