Got a call from the land lord today telling us they cant renew our lease another year because The HOA is adding huge penalties to rental homes if the owner didn't live there a year before renting. Starting with 1500 dollar a month fee. Apparently Denton county approved this.
We were going to buy in a year anyways, July 2021, possibly even this house, but now have to move now on making decisions and packing. Packing and moving is the worst. I'm sure we can figure something out depending on how the great wuhan retard pandemic leaves us financially.
I guess I know why all the homes around the general area aren't selling, first time investors who want to buy to build a portfolio can't. They have to live in them or basically pay double the first year. I wonder how many HOAs are doing this.
Another reason to hate HOAs.
ETA, the shitty thing is we had just asked the owner this and was told no problem cause we've been here almost a decade and then made a couple financial decisions based on that time frame.
Oh well, I'm sure it will work out. Wy might even come out a couple thousand dollars ahead. I just needed a year to save another sum of money.
We were going to buy in a year anyways, July 2021, possibly even this house, but now have to move now on making decisions and packing. Packing and moving is the worst. I'm sure we can figure something out depending on how the great wuhan retard pandemic leaves us financially.
I guess I know why all the homes around the general area aren't selling, first time investors who want to buy to build a portfolio can't. They have to live in them or basically pay double the first year. I wonder how many HOAs are doing this.
Another reason to hate HOAs.
ETA, the shitty thing is we had just asked the owner this and was told no problem cause we've been here almost a decade and then made a couple financial decisions based on that time frame.
Oh well, I'm sure it will work out. Wy might even come out a couple thousand dollars ahead. I just needed a year to save another sum of money.
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