Karen Johnson
Is it even possible to sell?
Hello all,I own a nice townhouse in Philadelphia region which is part of a community with an HOA. The problem is that the HOA is broke, has lost FHA status and is under threat of bankruptcy. For full context, more tha...
Quynh-Chi Nguyen
Does this ever happen to you
I mailed a check in for the HOA for that particular month (usually I do the auto payment via the bank). I called the office and they said they didn't get it and if it passed a certain date then I will get a late fee. ...
Mergim Kacija
HOA fined me $12,000 for allegedly short-term renting my condo (Chicago)
Hello BP Community,I've been accused of short-term renting my unit (which I have not) and was fined $12,000. Furthermore, the building's bylaws have a 25% rental cap, and my unit is NOT approved, yet I informed them t...
Derek Sziga
About to purchase a condo! Have had mixed feedback. Do I backout?
Hi everyone this is my first post hopefully in the right forum!I am looking to purchase my first rental for a buy and rent long term strategy.Rundown as follows:-It is a foreclosed condo in an HOA that allows rentals....
Alain Chautard
Fallen fence at LTR property: Who is responsible?
Hi. I'm a remote investor owning a LTR property in Houston, TX, while being based out of California. I was contacted by my PM company a month ago about "70 feet of backyard fence that had fallen down".I received a quo...
Andrea Finkelstein
Is this legal?
Hi. I have owned several townhomes in AZ. One property recently changed management companies. I received this present today seen below (on the heals of a $5k special assessment divided monthly into just a few short ye...
N/A N/A
hoa rules
hello all,
I live in a communtiy with a hoa. I moved in in Feb and went to the annual meeting where I learned that our development cannot rent out our houses. I live in NC, is this legal? I have never had experienc...
Jack Taylor
Owner not paying HOA dues in Small Condo building
This question has more to do with condo ownership than investing. I own a condo in an 8 unit building in Chicago. One of the units owners has not paid assessments in over 10 years. The HOA has a lien on the unit, but ...
Jordan Diehm
First rental NEED HELP.
Hi all looking to buy my first rental property. Condos are a lot cheaper than single family homes. Which is the best route for the first rental. And any advice on what to Watch out for
Michael Hord
malfeasance issue
3 members of my hoa board have commited an act of malfeasance by doing business without a quorum or having a majority vote. They argue that there was a quorum because a member was present by telephone.
For the sake o...