
12 July 2020 | 10 replies
I would buy a single family home or duplex-something without condo or HOA fees.

6 July 2020 | 0 replies
I have as somewhat unique type rentals and no idea how to price for sale, they are Residential ALFs ( single family Homes zoned with city as RALF and operating for 15 plus years ,,,, such operators get $300K revenue yearly) , I have a 3 year lease with 3 year renewal signed and personally guaranteed by 4 individuals operators running place , the comps for a residential home regular is 375,000- 385,000 but not sure what that means in my case as these can't be purchased with regular home loans Here are numbers monthly for each RALF$2900 rent eachLandlord pays$50 Hoa each$64 yard maintenance each$50 pool maint Property taxes here are $2300 per year I know move here then is 120 degrees that’s why they are low

6 July 2020 | 1 reply
It didn't cash flow for the first two years (~$150/month), but the appreciation is awesome.With condos you are trading off building/outside maintenance for HOA fees + regulation.

13 July 2020 | 3 replies
Many lot rents in that area are astronomical, and, like an HOA, the park owner can raise it (within CA rent restrictions laws).

7 July 2020 | 14 replies
If you are looking to rent it, I would encourage you have a thorough understanding of the HOA’s rules regarding leasing to determine whether it can be used as a short-term rental.

6 July 2020 | 2 replies
My husband and I are knee deep in our first REI condo purchase and the HOA is a mess.
21 July 2020 | 4 replies
Make sure you are accounting for HOA as that is a big expense.

15 July 2020 | 20 replies
Our HOA covers the exterior but the contents were ur on a Lloyd’s policy.

7 July 2020 | 12 replies
The good thing about a condo is that the HOA handles so much.