Pros and Cons of Investing in 55+ Communities

[Bradley Buxton]

I've talked to a few people about the pros and cons of 55+ communities with SFH. The tenants generally are easier on the properties but also can have higher HOA's. Do you have to be 55+ to buy or only reside? What is the BP communities' experience with this type of asset? Any pitfalls to avoid or horror stories?

[Eric Gerakos]

The biggest problem is the typical very high HOA in 55+ communities that makes them poor investments.