In future years’ budgets, the association should consider budgeting for an Operating Contingency (funds not earmarked for any specific expense) or should consider creating a line item specifically to fund Prior Year Equity in order to bring the balance into the 10-20% range.If the board doesn't know what it is doing financially then they need a management company that does along with an accountant that understands how HOA's work.

I recently retired from the military and I don't want to ask for permission to do something reasonable anymore since I had to for 29 yrs.As the owner your little bit of energy savings and wear and tear on the unit will cost you hundreds if not thousands in lost revenue.

Dear fellow members, I am confronted with a weird accusation that I haven’t seen in 15 years of managing student rentals. We have multiple properties rented to students living in different rooms. We start showing room...

If you're putting in a new kitchen and other items does the capex need to be that high?

I have my painter itemize extra charges so I can deduct from deposit.

Are they seeking to charge you for items that would have required your approval in the first place? 

That means a column on a spreadsheet for each property (tax number) and a comprehensive list of items on the row side of the spreadsheet.I want to look at what my exit strategy is for each building.I want to know why he is offering seller financing and of course if it's a fair price, has title reports and is done through escrow.I don't need a real estate agent, but I would have inspections done to look for something I night miss.I want to know if buying the lot and selling off a portion makes sense.

You could also share it with local corporate recruiters, hospitals, military housing sites, etc.

Some items have come up.It's not an expensive property or an investment property, and I feel my real estate agent and real estate attorney are pushing me to purchase it. 

Stephen - if you have the scope, itemized invoices and pictures I’m happy to give you my thoughts on if the work was justified or not ( I’m not saying that them doing unauthorized work is okay) I’m assuming deposit was more than $1k.