Comprehensive HOA review
Unique insights into the HOA’s financial condition, rules & regulations, such as leasing restrictions, and operational health to help you verify the compatibility of the property with your portfolio without risk
Crucial HOA information is buried in hundreds of pages
There are 400,000 HOAs and they are all different, which makes due diligence challenging.
The process usually involves going through hundreds of pages to find the relevant information about the HOA’s financial condition (fees, expenses, reserves, special assessments), rules and regulations (dozens of leasing restrictions, right of first refusal, pet policy, etc.), and operational health (litigations, foreclosures, defaults, and more).
Unfortunately, missing any of these could force the sale of the property or significantly hurt investment returns.
HOA Review is a key tool for acquisitions
Knowing the Rules and Regulations is essential for ensuring an HOA is consistent with your investment model. There are myriad leasing restrictions that could make a property uninvestable for many investors.
Our Rules and Regulations summary helps you make better investment decisions while also helping your tenants live peacefully in their new homes, not incurring unnecessary fines.
Some of the points we cover in the HOA Review:
- Is there a master and a sub-HOA?
- Is the HOA professionally managed?
- Are there any age restrictions for owners?
- Can you lease the property right away?
- Are there any tenant approval charges?
- Are architectural changes allowed?
This is a huge win for us – so THANK YOU for all you do!"