Quote:
Originally Posted by Kelse92
Its a condo, what are your typical bills at your house?? The HOA are covers all of mine except my electric bill. There's a pool here, elevator, porter who mows/gardens/etc daily and capital improvements (eg 100k+ this year spent on roofing/gutters/stucco damage). It's expensive but ultimately not much different when comparing the expenses involved in owning a home if I was paying for all of those services separately  |
Please refer to my above post regarding the revision if it was a condo. I still don't average $3,000/year (accounting for a back out of utility bills you aren't paying) for upkeep and maintenance, but it's not nearly as dramatic as if it were a free standing home.
I don't pay HOA style fees anywhere close to that on any of my rental property condos - but they are overseas, so not really an apples to apples comparison.