Updated over 10 years ago on . Most recent reply
First Condo/ HOA property
i am looking at a condo on Friday in Columbia, SC. While I have rental property, this is the first condo I have considered purchasing. In addition, this is the first property I have considered with an HOA fee. I am looking at buying the condo for $20k with a rental history of $675 a month, but it has a $180 HOA. The cash flow works for me though. Does anyone have any HOA thoughts or horror stories I should consider? Also are there any differences between SFH rentals vs condos that I should consider?