Hi All,I live in Texas and own a condo in Las Vegas free of debt since 2009. Today, only by chance, I learned that I have a lien on the property which turned out to be from a fine originated in 2016 due to missing a ...
Hey guys,I'm currently looking at some 4plexes that are part of an HOA. What are the pros and cons of doing that? I feel like your ability to add value or raise rents would be limited by the other units within that sa...
We have a home for sale in a HOA community right next to the HOA president. Several potential buyers have been met by her and told how awful the home is, that the neighborhood is not a good place for their family, an...
I keep hearing “start small”, when it comes to real estate. I’ve also heard that the focus should be Single Family Homes or Duplex’s.What is your opinion on Apartment units? I saw an affordable one at a decent pric...
If a homeowner requests the voting results (names,dates,and how homeowners voted) from the HOA board is the board required to give that information to the individual requesting? Assuming the vote is for a maintenance ...
Our HOA board does not provide any narrative to the financials, the minutes only state that the treasure gave a report. There is nothing printed in the minutes as to the condition of the HOA. The own...
I have an Illinois condo unit that I rent out and would like a second opinion about an issue that was debating with the HOA's property manager.The gist is that after signing new tenants to a lease I was hit with a $15...
My target price is $150k-$200k and have been analyzing Condos/Townhouses, since free time is limited (work full-time and family) and maintenance is handled by HOA. But HOA fee + HELOC cost is cutting into cash flow. S...
Hello all,
I am in process of looking at a condo conversion deal in Pasadena, CA. This is a 28 units condo conversion. While an onsite manager is required for all multifamily apartment buildings over 16 units, does...
Property managers, who's more or a PITA to deal with, owners of tenants? I always assumed that certain types of tenants are the main headache when managing properties. However, it's also likely that you encounter cert...