Listen "Investing in HOA's (Homeowner's Association)"
Episode Synopsis
In this 52nd episode of We Are TPM, John & Kyle discuss investing in homeownersassociations (HOAs). They explain that HOAs are groups of people who come togetherand manage common areas of a property, usually in a planned development. Theydiscuss the different types of investments that can be made with HOAs, such as longterm, short-term, and vacation rentals. The hosts also discuss the potential negativesassociated with HOAs, such as the negative connotations people have from hearingstories in the news and from personal experiences. Ultimately, they encourage peopleto consider the benefits of investing in HOAs, such as the potential for increased valueand a sense of community.The conversation discusses the potential for homeowners to have a bad experiencewith Homeowner's Associations (HOAs). This is often due to the level of power HOAshave over the property in a complex, as well as the fees and assessments which arerequired.This conversation includes the personal experiences of two HOA presidents — John: acurrent president (with 600 homes), and Producer Steve: an immediate past president(with 280 homes) . Both have had a good experience overall, with financial successand the ability to maintain and increase values. The main point made is that the HOAcan only govern what is written in the CC&Rs (Covenants, Conditions, & Restrictions).You can listen to We Are TPM on any major podcast platform including ApplePodcasts, Google Play, Spotify, and many more.Tune in today!We Are TPMTeixeira Property ManagementMansfield, [email protected]———————————————————————————There are a vast amount of ways in today's world to build wealth using real estate andinvesting, not just in property, but in yourself!Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira ofTeixeira Property Management bring you all of the knowledge and experience they canprovide for the confidence to achieve your investment goals, or how and why to createthem. Now, while John and Kyle have a ton to share, they will also be bringing youinterviews with some of their clients, industry partners, experienced investors, andmuch more every week!John and Kyle look forward to sharing the knowledge you need about arguably thegreatest investment vehicle that is available to the masses — Real Estate. Knowledgeis power, and John and Kyle intend to give you as much power as possible. It's notalways about the HOW, but also the WHY, and they will be digging into it right hereevery week!
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