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Landlord Responsibilities: A Checklist of Things You Need To Know

Landlord Responsibilities: A Checklist of Things You Need To Know

Thinking of buying a rental property? You’re in good company; nearly one in five home sales last year was for an investment property. It makes sense — rental properties deliver solid annual returns. But, to paraphrase the old adage, with great returns come great responsibilities. Let’s look at a checklist of things you’ll be responsible for should you choose to become a landlord.

What is an HOA?

What is an HOA?

An acronym that stands for homeowners association, an HOA can come in different forms and perform a variety of functions. But in general, it’s an organization that creates and enforces the rules for collective properties, usually condo buildings, planned communities, and subdivisions. Let’s delve into some of the different aspects of HOAs.