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Updated 7 months ago on . Most recent reply

Barry Ratliff's profile image
Barry Ratliff's profile image
Barry Ratliff
  • Flipper/Rehabber
  • from Belton, Texas
  • Member since Jan 6, 2008
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161
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45
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Barry Ratliff's profile image
Barry Ratliff's profile image
Barry Ratliff
  • Flipper/Rehabber
  • from Belton, Texas
  • Member since Jan 6, 2008
Connect
Barry Ratliff
  • Flipper/Rehabber
  • Belton, TX
45
Votes |
161
Posts
General Real Estate Investing

HOA Organization income after Tornado damage

Barry Ratliff
  • Flipper/Rehabber
  • Belton, TX
Posted

Anyone have experience as HOA Management in what happens to revenue when property owners losing their houses? Does HOA have loss of income insurance or some fund to make up the losses until owners get property rehabbed or built? I'm curious.

Unrelated to HOA but if homes won't pass the safety engineered designation, who demo's house and haul off and when does HOA or city make owner to remove?

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