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Updated over 9 years ago on . Most recent reply

Lamont A.'s profile image
Lamont A.'s profile image
Lamont A.
  • Investor
  • from Summerville, SC
  • Member since Oct 14, 2015
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64
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Lamont A.'s profile image
Lamont A.'s profile image
Lamont A.
  • Investor
  • from Summerville, SC
  • Member since Oct 14, 2015
Connect
Lamont A.
  • Investor
  • Summerville, SC
5
Votes |
64
Posts
General Landlording & Rental Properties

How do I handle HOA fees and rental cost

Lamont A.
  • Investor
  • Summerville, SC
Posted

I'm in talks to purchase a townhome as an investment to be used as a rental. This complex have an $218 HOA fee that includes water, sewer, cable, lawn care, Ext. insurance. So what is the best way to structure this? I know I want to get at least $750 for rent, this alone will me a $200 cash flow without considering the HOA..

Do I just add the $218 on top or my desired rent?

Any suggestions

  • Lamont A.
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