In this 52nd episode of We Are TPM, John & Kyle discuss investing in homeowners
associations (HOAs). They explain that HOAs are groups of people who come together
and manage common areas of a property, usually in a planned development. They
discuss 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 negatives
associated with HOAs, such as the negative connotations people have from hearing
stories in the news and from personal experiences. Ultimately, they encourage people
to consider the benefits of investing in HOAs, such as the potential for increased value
and a sense of community.
The conversation discusses the potential for homeowners to have a bad experience
with Homeowner's Associations (HOAs). This is often due to the level of power HOAs
have over the property in a complex, as well as the fees and assessments which are
required.
This conversation includes the personal experiences of two HOA presidents — John: a
current president (with 600 homes), and Producer Steve: an immediate past president
(with 280 homes) . Both have had a good experience overall, with financial success
and the ability to maintain and increase values. The main point made is that the HOA
can 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 Apple
Podcasts, Google Play, Spotify, and many more.
Tune in today!
We Are TPM
Teixeira Property Management
Mansfield, Texas
www.WeAreTPM.com
ShowMeTheMoney@WeAreTPM.com
———————————————————————————
There are a vast amount of ways in today's world to build wealth using real estate and
investing, not just in property, but in yourself!
Located in the Dallas-Fort Worth area of Texas, John Teixeira and Kyle Teixeira of
Teixeira Property Management bring you all of the knowledge and experience they can
provide for the confidence to achieve your investment goals, or how and why to create
them. Now, while John and Kyle have a ton to share, they will also be bringing you
interviews with some of their clients, industry partners, experienced investors, and
much more every week!
John and Kyle look forward to sharing the knowledge you need about arguably the
greatest investment vehicle that is available to the masses — Real Estate. Knowledge
is power, and John and Kyle intend to give you as much power as possible. It's not
always about the HOW, but also the WHY, and they will be digging into it right here
every week!