This morning the HOA on one of my properties located in Colorado Springs informed the owners of a "Special Meeting Notice" to ratify an amended 2024 HOA budget due to an unexpected high insurance renewal.

Ensure you have enough reserves for unexpected expenses, and understand the property's projected cash flow to avoid overleveraging. 

This can go towards covering unexpected maintenance costs or damage to the property.

The pool pump running will add about $15-20 every month to your power bill. 

This just reaffirms the power of the BP community. 

Just make sure you keep enough cash reserves on hand to cover unexpected costs or market downturns.Given the complexity of your plan, especially with the involvement of an LLC and potential rental income, it might be wise to consult with a tax professional.

haha,Nah mateNot my style.Unfortunately, we live in a world where information is power so I'm forced to collect it in order to protect my team and company.But I'd never F@#$ with someone else's business even if they aren't legit.Only as a defense mechanism if we are threatened and pushed far enough where I don't have another choice.

The tenants power was shut off for non-payment and I need to put the account back in my name.Recently my HOA sent me photos of my rental townhome with a gas generator running in the yard and the electric meter missing and shorted out.

While we faced some challenges with unexpected repair needs, our proactive approach and strong project management ensured these were addressed without significant delays.

Hi folks,My wife and I have a construction to permanent mortgage loan on land+home where we intended to build.Unfortunately, we found out that unexpected foundation work due to soft soil would likely make the project use triple our contingency reserve before even breaking ground.We are exploring our options on how to transfer our current financial obligations for this construction loan to some other loan offering (as moving forward with the project is now too financially risky).