Episode 63: What You Need to Know About Owning Rentals Located in an HOA

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So, a few years ago we bought a 4-plex that was located within the confines of an HOA or Homeowners Association.

And the numbers worked, so that was great,

And we were told that they handle a lot of the landscaping and care for the parking and deal with all the trash again, which was great.

But we made a crucial mistake and did not thoroughly read the bylaws, which is all on us. There was one item in there that made a really big difference on how well this new purchase would play out.

So, this week on the podcast, we are talking all about what it means to own a rental property within an HOA.

There are several pros and cons to Homeowners Associations.  Some aspects can be fantastic when owning a rental governed by them and others can really affect the value of your rental and the ability to rent it.

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