Condo Renting & How To Navigate HOA fees
Any investors in the Charlotte area or bigger city areas that own and rent condos.
Is there any way to structure a lease that has a set rent amount but the tenants pay the HOA fees so that if the fee were to change or increase it would not hurt the cash flow for the property?
Just looking at different avenues of getting started in real estate investing and working with the higher prices in my area. Thanks for the help!
Most Popular Reply
I would definitely not do that. If the tenant doesn't pay the fees (it'll happen) it's your problem, not the tenant's. Sure, you'll move forward to evict the tenant, but you'll have the association chasing you down for the money plus fees, or worse.