A home owners association (HOA) is an organization that is put together by a real estate developer when planning a new development project. This management organization sets the rules and regulations of a community and is in charge of the upkeep of common areas within a development such as pools or landscaping.
As a real estate investor HOA fees are something you have to account for in your holding cost estimates and there may be additional regulations you have to follow when rehabbing the property. For example, some HOA’s have rules when it comes to the types of exterior colors that are used when painting a home.
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These documents and information contained herein are designed to provide accurate and authoritative information with regard to the subject matter being covered. It is given with the understanding that the authors and distributors are not engaged in providing legal, accounting, real estate or other professional advice.
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Published by Matt Gowan
My name is Matt Gowan and I'm an Investor and Realtor whose primary focus is on customer service. I've been a resident in Albuquerque for over 46 years, so I'm very familiar with Albuquerque and the surrounding areas. I'm a husband and father of three beautiful girls. Love the outdoors, working out, riding, traveling, and spending time with my family. I've worked in many professions from carpentry, concrete staining, and engraving, wholesaling residential real estate, rehabbing houses to complete residential construction. I've worked as a certified travel agent for 20+ years and a Dispatch Manager for an ambulance company for 10 years. Needless to say, I'm passionate about customer satisfaction and serving my community.
As your client, I will work hard to meet all your real estate needs. Whether you are buying or selling your home, going through foreclosure, need to liquidate an unwanted property, inherited property, or divorce, I will make every effort to make the transaction as seamless as possible. Every deal I do is a win-win for all parties involved. I look forward to working with you.
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