Quote:
Originally Posted by Vendzilla
I have a HOA, $335 a month, not bad since the condo is almost paid off. Meetings are open. I talk to the president all the time. As long as I keep the noise down in my garage to doing the day and the door closed, no one has a problem. If they find something that upsets them, they just ask to have it fixed.They keep the place clean, repairs are done quickly and the pool and sauna and Jacuzzi are kept up very nice. Parking in front sucks, but I have a 4 car garage.
When I retire, I'll use this as an income property
|
Most likely and also partially due to your HOA your property would not make a good income property. Which is more my issue with HOAs... Unneeded extra costs that will never go away even if you pay off your loan. Though obviously stuck with taxes forever
Also Rochard how are they planning on paying for those pool upgrades? I've heard some horror stories before where they pass some new upgrades and all the owners have to chip in thousands of dollars