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What Is a Property Owners Association?

A property owners association isn’t the same as an HOA. Here’s what you should know about POAs as an investor.

[Updated: Apr 16, 2021 ] Nov 12, 2020 by Aly J. Yale
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Pros Cons
Safeguards your property value Comes with monthly or annual costs
Ensures community growth and success May mean more in maintenance and upkeep
Could lead to higher rent or sales price down the line More rules and oversight regarding what you can do on your property
May offer networking and professional education opportunities

Data source: Chart by author.