HOA Fees

HOA fees—short for Homeowners Association fees—are recurring dues that property owners pay when their property is part of a managed community. These fees help maintain common areas, cover amenities, enforce community rules, and fund neighborhood upkeep. For real estate investors, HOA fees directly impact cash flow, and they vary widely based on the services offered. It’s important to evaluate what the fees cover (e.g., landscaping, security, insurance) and whether they limit rental activity. At Meridian, we include HOA details upfront so investors can make apples-to-apples comparisons and understand how fees might affect net returns.