Getbig Bodybuilding, Figure and Fitness Forums
November 17, 2017, 10:52:24 AM *
Welcome, Guest. Please login or register.

Login with username, password and session length
 
   Home   Help Login Register  
Pages: [1]   Go Down
  Print  
Author Topic: its foolish to invest in a townhome or a condo HOA fees and many rules  (Read 511 times)
Marty Champions
Getbig V
*****
Gender: Male
Posts: 31653


ericpdollard.com is what we should know


« on: October 16, 2017, 05:16:47 PM »

unless your the developer

the best home to invest in is single family house with a seven foot tall wood fenced in backyard ideal for privacy , the tenant will fall in love
Report to moderator   Logged

A
Anna Recksiek
Getbig III
***
Posts: 370


« Reply #1 on: October 16, 2017, 07:57:53 PM »

The hoa rules are in place to keep the place from running down due to neglect or all around shit bag, ghetto attitudes. It actually helps the property hold value especially if you plan on renting it out. Hoa takes care of common ground landscaping, trash and snow removal and maintenance of the pool. Also prevents retard from painting their house pink or some other shit color that will be an eyesore. They also are the parking police when some random tries to park in your reserved spot.
Report to moderator   Logged
Marty Champions
Getbig V
*****
Gender: Male
Posts: 31653


ericpdollard.com is what we should know


« Reply #2 on: October 16, 2017, 08:38:51 PM »

The hoa rules are in place to keep the place from running down due to neglect or all around shit bag, ghetto attitudes. It actually helps the property hold value especially if you plan on renting it out. Hoa takes care of common ground landscaping, trash and snow removal and maintenance of the pool. Also prevents retard from painting their house pink or some other shit color that will be an eyesore. They also are the parking police when some random tries to park in your reserved spot.
hoa rules prevent u to selling or renting to whomever you wish, u r also prone to costly assesments
Report to moderator   Logged

A
tres_taco_combo
Getbig IV
****
Posts: 1454


« Reply #3 on: October 16, 2017, 09:11:45 PM »

no - strict HOAs are great. my place is extremely strict and its best that way. ive been fined a few times being a dumbass

its not so much is the HOA strict, how are the HOA fees year to year? is the HOA in good standing? reserves? board members live and do the HOA or is it a seperate HOA management company?

HOA can make or break a condo - they are involved so get used to it
Report to moderator   Logged
SOMEPARTS
Getbig IV
****
Posts: 2980



« Reply #4 on: October 16, 2017, 09:29:30 PM »

Condos go to shit when the economy goes down. Nobody to pay the HOA fees when they mass repo or die off, then you have a whole collection of properties that need updates with nobody to pay them.

How many condos became rental apts (and still are) after 2008?
Report to moderator   Logged
Marty Champions
Getbig V
*****
Gender: Male
Posts: 31653


ericpdollard.com is what we should know


« Reply #5 on: October 16, 2017, 09:43:11 PM »

no - strict HOAs are great. my place is extremely strict and its best that way. ive been fined a few times being a dumbass

its not so much is the HOA strict, how are the HOA fees year to year? is the HOA in good standing? reserves? board members live and do the HOA or is it a seperate HOA management company?

HOA can make or break a condo - they are involved so get used to it
to tricky to invest
Report to moderator   Logged

A
rangerwil
Getbig III
***
Gender: Male
Posts: 831


Straight as an arrow but gay as fuck!


« Reply #6 on: October 16, 2017, 09:53:01 PM »

They serve their purpose of keeping the rif raf out.
But sometimes it's a bit much.
Here is Nevada, there's an HOA in Henderson {I believe}, that only allows you to leave your garage door open just long enough for you to pull your car in. Then you have like 10 min to shut it. Something crazy like that.
Report to moderator   Logged
Yev33
Getbig III
***
Posts: 908


« Reply #7 on: October 16, 2017, 10:34:03 PM »

The kind of tenants that you want to rent to (stable) will appreciate the strict HOA rules. Mainly because they want to live around other like minded and behaved people. Sure sometimes the HOA can go a little overboard but it comes with the territory. It's also nice not to have to worry about the exterior of the property (less headaches for the owner), there is plenty of stuff to break and need maintenance inside the unit. Unless of course you enjoy spending your free time at your rental property doing repairs.
Report to moderator   Logged
IRON CROSS
Getbig III
***
Posts: 374


« Reply #8 on: October 18, 2017, 03:55:36 AM »

live of the grid , beach shack lifestyle is great Grin
Report to moderator   Logged
Pages: [1]   Go Up
  Print  
 
Jump to:  

Theme created by Egad Community. Powered by MySQL Powered by PHP Powered by SMF 1.1.20 | SMF © 2013, Simple Machines Valid XHTML 1.0! Valid CSS!