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24 May 2024 | 6 replies
Here are some of the responsibilities.Financial Management:Overseeing the HOA's budget and financesCollecting dues and managing delinquenciesMaintaining financial records and generating reportsCommunication and Administration:Acting as a liaison between the HOA board and residentsDisseminating information through newsletters and noticesResponding to homeowner inquiries and concernsScheduling and facilitating HOA board meetingsMaintaining the Community:Overseeing maintenance and repairs of common areasEnforcing the HOA's Covenants, Conditions, and Restrictions (CC&Rs)Managing vendors and ensuring adherence to contractsSupervising common areas like pools, gyms, and landscapingOther Responsibilities:Planning and organizing community eventsHelping to resolve disputes among residentsStaying compliant with local and state lawsThe PM doesn't go on-site is very weird, it's called Property Manager for a reason, to oversee the property.
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25 May 2024 | 12 replies
@Paul Novak landlords MUST be careful how involved they get in domestic disputes, etc.Tenants always want to dump their problems on the landlord!
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23 May 2024 | 1 reply
They may need to access cash or move to a more suitable living situation.Tax Liens or Legal IssuesOwners facing tax liens, legal disputes, or other complications may want to sell their property fast to resolve these issues without further financial or legal consequences.Burnt-Out InvestorsReal estate investors who are tired of managing properties, dealing with tenants, or facing constant repairs may decide to liquidate their holdings quickly to invest in other opportunities or simplify their lives.Understanding these motivations can help you tailor your approach and offer solutions that address their specific needs, making it more likely you'll secure a deal.
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22 May 2024 | 90 replies
Wife didn't recognize the charge 60 days after it was collected, they disputed it, now they're refusing to re-pay.PayPal opened a dispute before reversing the funds.
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22 May 2024 | 4 replies
They may be thinking that there is a dispute with the trust/heirs or something going on.
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22 May 2024 | 3 replies
Lean on your local investor network for support, and don't hesitate to seek legal counsel if needed for insurance disputes or liabilities.I hope this helps provide a starting point for dealing with this challenging situation.
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22 May 2024 | 9 replies
Until they reach that agreement, there probably won't be much movement/resolution with your claim.
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21 May 2024 | 10 replies
It's crucial to remain objective and not get involved in their personal disputes.
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20 May 2024 | 7 replies
You can always ask for a tax recert and challenge the assessment file a petition to the VAB value adjustment board and dispute assessment.If all of that fails start looking at investment properties in states like TN, LA, AL, GA, FL, these states in the South East can offer super low annual property taxes.
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21 May 2024 | 53 replies
Hey @Bukka Levy was there a final resolution to this?