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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Published by Kelvin Thomas
Meet Kelvin Thomas, a dedicated and compassionate real estate professional who is committed to serving his community. With a wealth of experience and a passion for helping others, Kelvin is always ready to assist clients in solving their real estate and financial challenges.
As a business owner, Kelvin takes great pride in helping people find their dream homes and making their lives easier in any way possible. With a keen eye for detail and a deep understanding of the local market, he works tirelessly to ensure that each client is satisfied with their transaction.
A devoted family man, Kelvin is married with adult children who also share his passion for serving their fellow citizens. With over 30 years of experience as a firefighter, he knows what it means to have a calling to serve others, and he has brought that same drive and commitment to his work in real estate.
When he's not helping clients, Kelvin spends his time with his loved ones, enjoying the company of his family and friends. Whether you're looking to buy or sell a home, he is ready to help you navigate the process with professionalism, dedication, and a deep commitment to your satisfaction. Contact him today to learn more about how he can help you achieve your real estate goals.
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