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Buying & Selling Real Estate

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Tristan S.
  • Rental Property Investor
  • Boone, NC
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291
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Buying a property with maintenance fees

Tristan S.
  • Rental Property Investor
  • Boone, NC
Posted Oct 4 2015, 08:25

Hello,

I am currently looking to buy a property in Houston to live in as I am still renting now. Most of the property I could afford have what they call a maintenance fee that varies greatly, can be from 150$ to 600$ depending on the property.

I would like to know what these fees are based upon ? how does it evolve with time and what exactly does it include ?

Would you ever consider a property that had maintenance fees ?

I am saying that because we might end up renting the property down the road, and I feel like it would definitely prevent the property from being lucrative.

Thanks for the help guys.

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