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27 June 2020 | 5 replies
This is even before you take into account other expenses like insurance, taxes and HOA(assuming there is one).
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26 May 2020 | 0 replies
Should we ask the HOA since the property manager is not helping or wait until the bank gets involved?
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27 May 2020 | 6 replies
Make sure to count in that HOA $$
27 May 2020 | 4 replies
I have a tenant who has NEVER answered her phone, nor the door when I go to the residence to deal with the HOA complaints for her mismanagement of the grounds.
30 May 2020 | 7 replies
The HOA is considering selling the land to a developer and thus the developer would “buy out” all the owners.
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15 June 2020 | 15 replies
Watch out for the HOAs on condos/townhomes.
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2 June 2020 | 6 replies
It may be the city, or HOA, or county, or you may own it.
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20 March 2021 | 1 reply
Gross Income - Expenses (mortgage, hoa, utilities, etc) - cap ex (10% of gross, I like) = cash flowIf your positive after that, you should be fine.
21 March 2021 | 2 replies
On the other hand, there are negatives as well (monthly HOA fees, restrictions on what we can do with the property, special assessments) that you don't encounter if you own something "off the beaten path."