Texans believe in our freedoms: the right to free speech, self-protection, and property ownership. When there are rules to follow, fine, but they should not impede on our freedom or ability to manage our own business. Unfortunately, there are entities that can impose their own will on others by going a little too far with the ‘rules.’
Let’s take a Home Owners Associations, or HOAs, for example. They are designed to help ensure the community rules are transparent and followed by every property owner in the neighborhood. The goal is to keep a well-maintained, aesthetically pleasing community. HOAs in Texas may also host community events, such as block parties, to foster a positive vibe. And if there is a dispute between neighbors, an HOA has a process to help address the issue and reach a fair resolution. These are all good things for someone wanting to live in a nice, well-cared-for neighborhood. Shared areas like swimming pools, parks, and playgrounds are welcoming. And we agree. But sometimes, depending on who is on the HOA board, some situations can turn into disagreements that become time-consuming to deal with.
If you own investment properties in a neighborhood with an HOA, you might be sharing the benefits with prospective renters. Young families are drawn to clean, safe neighborhoods with parks and pools to keep their kids busy. And they may be willing to follow HOA guidelines to rent in a great neighborhood in Allen, Texas.
Unfortunately, there are times when an HOA has a dispute around your property, and you aren’t available to get to it right away. And they have something to say whether you show up or not. That’s a problem for both tenants and homeowners. And it’s where a residential property manager for Allen, Texas can help. We service other communities as well, of course – Allen is just an example of one of the communities here in Collin County.
Here’s How to Address an HOA Dispute and Costly Mistakes When You Are Unavailable
Most people renting out a home in a nice town like Allen, Texas, may be prepared to handle basic responsibilities, such as collecting rent and addressing tenant concerns. But they may not be prepared to manage the changing rules and regulations of an HOA. And they might not be keeping up with the latest HOA laws in Texas. Like SB711, which passed in the 89th Legislature. The bill requires some HOAs to be transparent about their rules by posting them on a website. Or HB517 , which does not allow a POA (Property Owners Association) to fine a resident for a brown lawn during temporary water conservation times. A clear understanding that the HOA is following its rules can help avoid unnecessary fines and possibly violation letters. It’s why working with a residential property manager for your Allen, Texas home is helpful. They can professionally handle any misunderstandings with HOA’s, POAs, City, and County entities that have something to say about your rental home!