Remove HOA Remove Landlords Remove Modernization
article thumbnail

Condo Vs. Townhouse: How Are They Different, And Which Is Right For You?

Quicken Loans

Townhouses and condos both refer to a type of ownership, meaning you won’t have to pay rent to a landlord. While these HOAs are not responsible for the maintenance of the individual townhouses, they oversee the preservation of the community as a whole. Everything else is reserved for the condominium’s HOA.

HOA 64
article thumbnail

17 Popular Types of Homes In Real Estate

PennyMac

Cons: Limited exterior personalizations (HOA restrictions). These units are rented out, so landlords have more responsibility than residents, but residents aren’t building equity since they don’t own anything. Limited privacy and total freedom with property (HOA restrictions). Modern appliances and other functions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

8 Essential Steps on How to Rent Out Your House: A Comprehensive Step-by-Step Guide

Movoto

However, the logistics of renting a property and being an upstanding landlord are a bit more involved. You’ll also need to check with local authorities to understand requirements for how to rent a house in your area and any organizations like HOAs or condominium associations, when applicable. Does Rental Income Count as Earned Income?

Tenants 36
article thumbnail

28 real estate niches brimming with potential

Housing Wire

Gated communities, HOAs or up-and-coming communities are three subspecialties of this niche. Unique architectural properties Do you feel warm and fuzzy when you spot a lovingly restored Craftsman or the clean lines and wood finishings of a mid-century modern gem? Or is Scandinavian, modern minimalist more your thing?

article thumbnail

Opinion: Will Kamala Harris’s or Donald Trump’s 2025 housing agenda add sneeze-guard protection to the economy?

Housing Wire

price-fixing and steering) Corporate landlord hoarding vs. owner-occupant homebuyer first-look periods Digital and modern-day redlining Downpayment and/or closing cost assistance needs Gutted safeguarding of protected classes (nationality, religion, etc.) HOA board dysfunctions Legal “source of income” discrimination (e.g.,

Landlords 442