FLORIDA – Homeowner groups wary of rental boom

By Michael Sasso | Tribune Staff  — July 28, 2013
TAMPA – Investors eager to snap up homes while they’re still cheap and rent them out may have a new obstacle to achieving real estate riches: homeowners associations growing anxious about the rental boom. Across the Tampa Bay area, some HOAs are exploring restrictions allowing them to limit the number of rental properties in their subdivisions or giving them the right to vet a landlord’s potential tenants. Actually passing such restrictions is tough, because it usually means getting two-thirds or more of homeowners to approve an amendment to their HOA governing document.  Read more:

Comments are closed.