923: Q&A: Should I Keep a Property with High HOA Fees? - Episode 923

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

Business News, News, How To, Business, Education, Investing

4.1 • 1.1K Ratings

🗓️ 20 February 2023

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

If your rental property costs you a boatload in homeowner association fees every month, should you keep it and wait for it to appreciate or sell it and buy more investments? That's the first question I'm answering on today's Q&A Monday!

On this episode, I'm tackling three listener questions about HOA fees, purchasing real estate in the US from abroad, and the best practices for quickly paying back a private money lender. Press play to hear my advice on this episode of Investing in Real Estate.

Transcript

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0:00.0	Welcome to the investing in real estate show. This is the show where we help you become a more
0:09.0	intelligent real estate investor. I'm Clayton Morris so glad to have you here. I'm the
0:12.2	founder of Morris Invest, which is a full service
0:14.4	rental real estate company. And today I've got my doggy sitting here with me because he was barking. He's on my lap. So if you're watching the video version,
0:21.1	you get to see Grover before he runs away.
0:23.7	So we've got a great show lined up for you today.
0:25.6	We're going to be talking about three different questions that you have.
0:29.1	So today's our Q&A episode day where we answer some of your questions. So we got three great different questions
0:34.8	coming in from our viewers this morning.
0:36.8	And I don't listen to these ahead of time.
0:38.9	I like to be surprised and kind of give you my honest opinion,
0:41.7	right, want to hear them.
0:42.6	So we've got three great calls.
0:43.9	You can leave me a voicemail that we can dissect here on the show.
0:46.6	Ask any question you would like around finance, real estate, etc.
0:50.4	Planning your future around your freedom number. It's very simple to do.
0:53.4	Just go to our website Morris Invest.com slash Clayton.
0:56.8	Morris Invest.com slash Clayton. That is how you leave us a voicemail message.
1:01.3	Okay. All right dog jumped down now is playing with a bone, so I
1:05.0	apologize for the background noise. But let's get into it today. Here is our first
1:08.8	question. This one comes to us from Joy.
1:11.3	Hi Clayton, my name is Joy and I currently own a condo in Arlington, Virginia that's about
	...

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