Thanks for this video, I found it helpful and informative. I’d love to see an update on how your experience was and what you’ve learned since then. I would really appreciate it. Take care, best wishes to you and your family. Thanks! :)
That’s great and all, but what do you do if there is more than $20,000 missing from an HOA and nobody knows why? How do we as homeowners protect ourselves from misuse of funds? There is greed out there and not all Run for the board for the right reasons. There should be laws to protect homeowners against misuse of funds
Me too, but it was a criminal entreprise that refused to abide by its expiration date and decided to defraud embezzle and extort...and theive..by vote...
Ask for resumes of people running for the Board. Ask if HOA Board members have ever rented their own units in a condo or a house and ask for references from their renters. Were they responsive to their renters’ requests for repairs or anything else? Ask if the members have ever been an administrator or manager and if possible get their current or former company’s or agency’s executive references for them. Also, do criminal background and credit checks on people running for the Board. There should be interviews by Owners for people running for the Board, before they can be nominated to run for any office on the Board. Also, ByLaws must require full transparency with money collected from Owners, submission of an annual budget to every Owner and a CPA audit should be done every 2-3 years. Also, ByLaws must include term limits of two, three or four years.
Thanks for this video, I found it helpful and informative. I’d love to see an update on how your experience was and what you’ve learned since then. I would really appreciate it. Take care, best wishes to you and your family. Thanks! :)
That’s great and all, but what do you do if there is more than $20,000 missing from an HOA and nobody knows why? How do we as homeowners protect ourselves from misuse of funds? There is greed out there and not all Run for the board for the right reasons. There should be laws to protect homeowners against misuse of funds
That's called theft. File a police report and hire a private investigator to look at who had access to funds and determine the person responsible.
Be rid of jackasses in your life..
Thank you for this video. I was just nominated for HOA President and this is some valuable information.
Me too, but it was a criminal entreprise that refused to abide by its expiration date and decided to defraud embezzle and extort...and theive..by vote...
Theft is ruining HOA. Watch the Board members and the Manager like a hawk.
Ask for resumes of people running for the Board. Ask if HOA Board members have ever rented their own units in a condo or a house and ask for references from their renters. Were they responsive to their renters’ requests for repairs or anything else? Ask if the members have ever been an administrator or manager and if possible get their current or former company’s or agency’s executive references for them. Also, do criminal background and credit checks on people running for the Board. There should be interviews by Owners for people running for the Board, before they can be nominated to run for any office on the Board. Also, ByLaws must require full transparency with money collected from Owners, submission of an annual budget to every Owner and a CPA audit should be done every 2-3 years. Also, ByLaws must include term limits of two, three or four years.
Taxation without REPRESENTATION