Rental Property Investor · Happy Valley, OR · Member since 2015 · 6 posts · 3 votes
Hi BP,
I am new to REI and I have been looking at a lot of types of properties, single family detached, attached, condo, etc.. And some of the have HOA, some don't. My question is, actually a two part question. Is HOA good, bad, or doesn't matter for investors? If so, why?
And another question I have is what type of properties do you guys buy for REI? Why?
Investor · Katy, TX · Member since 2015 · 112 posts · 24 votes
10y
It seems like all property in my area have HOA's, so it's almost inevitable that you will have an HOA. That being said, I have heard of HOA's denying homes for use as rentals (to keep property values up) and of course, it's an additional expense that you have to pay.