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Updated over 3 years ago on . Most recent reply

Deepika Namboothiri's profile image
Deepika Namboothiri's profile image
Deepika Namboothiri
  • from New York City
  • Member since Nov 1, 2021
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7
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3
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Deepika Namboothiri's profile image
Deepika Namboothiri's profile image
Deepika Namboothiri
  • from New York City
  • Member since Nov 1, 2021
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Deepika Namboothiri
  • New York City
3
Votes |
7
Posts
General Landlording & Rental Properties

Is high HOA fees a good idea for rental property?

Deepika Namboothiri
  • New York City
Posted

Hi BP community! I'm making my first rental property investment in a market different than where I live. All condos seem to have high HOA fees which upon analysis decreases my cash flow monthly. Should I instead consider town houses with lower fees? I have never lived in a town house and am anxious about managing one.

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