Updated almost 7 years ago on . Most recent reply
Question about renting a townhouse/w amenities
Thank you everyone who is taking the time to read this post. My wife and I own several duplexes, but have an opportunity to buy a townhouse below market value. The issue is this townhouse has higher fees than we would like ( I’m sure that goes without saying ). These fees include things like cable, water , trash , pool, fitness center. Let’s say the hoa fee is 400 dollars a month. Is it ok to pass some of those fees on to the potential renter? Let’s say that fmv for the rental is 1500 a month. Is it alright to tell the tenant that cable or trash is an additional non negotiable fee on top of that of 150 a month to cut some of our costs or are in the end, will we be stuck buying our tenants cable, water, and trash? Thanks ahead of time for anyone who takes the time to share their experiences.