Updated about 3 years ago on . Most recent reply

HOA fees cost renters pay or me?
Hey hey! I'm looking at a property that has $250 a month in HOA fees, it covers the outside of the property, lawn maintenance, trash and water. I think $250 is a whole lot of money. Would the renters cover that or would it come out of my (hopefully soon Bigger) pockets?
Thanks!
Most Popular Reply

You pay it and it comes out of the rent, just like any other expense. It will be a big problem for you if the tenants don't pay it, which is almost guaranteed to happen eventually.