Advertising price for rental property - include HOA fee?
Hello everyone! My very first rental property is going on the market today and at the last second I realized I had a question (that's where you come in).
My rental is a townhouse governed by an HOA (I know I know, they're terrible). But I've vetted the HOA, called other owners, and I'm cool with it. Anyways, when you advertise for your rental does that advertised price include the HOA fee or not? Let me explain.
Before I purchased this property I called around on some similar rentals in the area asking about pricing and amenities. One manager I called said "rent is $750/mo plus a $50 HOA fee each month." Others nearby would advertise as $800 and be all-inclusive.
What's your opinion on this? The lower advertised price might get more people calling, but aren't you just going to tick them off when you drop another monthly fee on them?
-Ryan