What Is A Home Owners Association (HOA) In SFR Investing?
An HOA is an organization in a subdivision that makes and enforces rules for properties in its jurisdiction.
A Home Owners Association (HOA) is an organization in a subdivision, planned community, or condominium that makes and enforces rules for the properties in its jurisdiction. Properties within these associations typically require monthly, quarterly, or annual fees funding common area maintenance. Investors should verify whether an HOA permits rental properties before purchasing.
The information in this article is for educational purposes only and does not constitute tax, legal, financial, or investment advice. Consult a qualified professional before making investment decisions.