5 Tips For Dealing With An HOA As An Investment Property Owner In Orange County

Are you thinking about buying a condo as an investment in Orange County? Dealing with an HOA can be difficult as an investment property owner. You’ll want to stay in the loop and make sure the tenants you have in place are respectful. Learn more about how to deal with an HOA for your Orange County property in our latest post!

You often hear horror stories about nightmare HOA’s who impose outlandish rules and site owners with ridiculous fines. However, in many communities, this isn’t the case. Many communities have great associations that help manage the community and improve the residents quality of life. Before purchasing a condo in Orange County, make sure you understand their role, your role, and how to communicate most effectively.

Know The Rules

Every HOA is set up a little differently. As such, the rules and responsibilities will be a bit different. While it may not seem like exciting reading material, carefully reviewing the bylaws, regulations, and rules of your HOA is imperative before buying. You don’t want to find out after the fact that you can’t do what you want to do with the property. By knowing the rules, you will be able to stay in compliance and avoid and unnecessary fines or confrontations. You will also be able to ensure the HOA is holding up their end of the deal by enforcing the policies outlined for the community.

Be Respectful

When dealing with an HOA or owning a property in close proximity to so many other, disagreements are bound to arise. The best resolutions are found when both parties are respectful and take the time to hear each other out. Even if you are upset about something, hold your temper and work toward a peaceful resolution. Remember, these people aren’t going anywhere anytime soon, so you’ll want to keep the relationships are cordial as possible.

Stay In The Know

Just because you don’t live onsite doesn’t mean you shouldn’t take an interest in what’s going on. Keep abreast on issues going on in your community. If there is voting happening or an important meeting, be sure to cast your vote or attend the meeting if possible. Put yourself in your tenant’s shoes and what decisions will benefit them. After all, a happy tenant is much more likely to stick around for a while.

Tenant Expectations

When you choose to invest in a condo, townhome, or multi-family property, you have to make sure your tenants understand the rules and will act accordingly. They need to be respectful to other tenants as well as the management. Any violation they incur will be passed on to you and can come with financial ramifications. Make sure to include provisions in your lease outlining what will happen if a tenant violates the rules of the community.

Make Your Voice Heard

If there is a need, a want, or a problem, don’t be afraid to speak up. Your HOA is ultimately there to serve the residents and owners, helping them with issues that arise. You pay fees to live there, so make sure you are joining a community where you will get your money’s worth.

Know How To Communicate

Some associations are best reached by email, others by phone. You’ll want to know the best way to contact the HOA and who you need to speak to. Keep communication open so that members of the HOA know you, your tenants, and how to reach the both of you. Creating friendly and open relationships from the start will help make any issues and differences of opinion easier to handle.

Learn more about dealing with an HOA in Orange County! Contact us today! 949-625-4533


Broker/Realtor/Investor/Mentor (41 years experience) Specialties: Buyer's Agent, Listing Agent, Foreclosure, Short-Sale, Property Management, Landlord I'm a Full Time Real Estate Professional, house flipper and mentor to many of my clients. I am here to help you get top dollar for your home or get you the best price for a home that you are going to live in. I have over 40 years of real estate experience for you to draw on and actively list and sell over 20 homes a year. I have sold over 600+ homes in the last ten years alone. I am a very skillful negotiator and will work diligently to help you realize the best possible price when buying or selling your home. With my Exclusive Home Acquisition & Sales System, I can find the Right Home for You! I have access to homes no other Realtor will show you. I can show you how to save an average of $10,000.00 on the purchase price. We will find a home that fits your needs, in a neighborhood that suits your style. If you are selling your home then I can bring all the professionals to you. I always include professional photos in ALL my listings. I have contractors standing by to assist with those upgrades if needed. I can also quickly get you ALL CASH offers for your home if you desire. My marketing surpasses all other agents. It begins with extensive internet advertising to hundreds of websites throughout the world. I do direct mail marketing for you home and also knock on doors in your neighborhood when I am holding an open house. I hold you home open to expose it to as many buyers as possible. My Exclusive program is designed to sell your home for Top Dollar in Any market. I am an experienced flipper here in Orange County and therefore can offer you my over 40 years of real estate experience. The information is available to you at no charge! If you like what you see, please call me and setup Your Free Consultation.

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