American GREED! Florida Condo President BUSTED FOR 16 YEARS OF THEFT!!

Поделиться
HTML-код
  • Опубликовано: 6 окт 2024
  • A condo president in Aventura Florida was just arrested on October 1 on a number of felony charges, including racketeering, grand theft and money laundering. Unfortunately it's becoming too common to hear stories about fraud and theft, and the people who are being stolen from are usually left without much recourse or restitution.
    Need a Realtor? homeandmoney.c...
    ======
    My Filming and Editing Equipment
    michaelbordena...
    ======
    I offer 1 on 1 calls, book one if you'd like!
    michaelbordena...
    ======
    Sign Up for My Email list and Get Weekly Video Updates in Your Inbox!
    bit.ly/MBremin...
    ======
    Get Cash Back on ALL your Internet Purchases!
    www.rakuten.co...
    ======
    My Microphone (Lot of People Have Asked)
    amzn.to/3Mhs2oz
    Articles Mentioned in the Video
    peterzalewski....
    www.floridarea...
    www.msn.com/en...
    FTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make commission on purchases you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support the channel! :)
    DISCLAIMER: This video content is intended only for informational, educational, and entertainment purposes. Michael Bordenaro is not a registered financial advisor. Your use of Michael Bordenaro’s RUclips channel and your reliance on any information on the channel is solely at your own risk. Moreover, the use of the Internet (including, but not limited to, RUclips, E-Mail, and Instagram) for communications with Michael Bordenaro does not establish a formal business relationship.

Комментарии • 649

  • @MichaelBordenaro
    @MichaelBordenaro  День назад +26

    "I'm Living in a CAMPER TO AFFORD HOUSING IN 2024..." ruclips.net/video/xTa6iMceH6U/видео.htmlsi=5dE7L5iCEzjVaQju

    • @davemett
      @davemett День назад

      BULL

    • @Ghekko-kw3zz
      @Ghekko-kw3zz День назад +5

      I'm living in a camper & a yacht because I don't have a wife, a girlfriend or want one.

    • @oleotoleo3414
      @oleotoleo3414 День назад

      Sound noises hear it?

    • @215618680
      @215618680 4 часа назад

      @@davemettI saw a middle-age man eating his dinner from a cook pot while seated behind the wheel of his pickup truck camper (with out of state plates) here at a Home Depot in Florida. He had all manner of gas cans and miscellaneous equipment strapped to the back of his vehicle. Not bull. Just sad.

    • @charlesbrown9213
      @charlesbrown9213 3 часа назад

      Former CA resident here... As to the question: 'what are they doing with the property tax revenues in CA..?"
      I suspect a big part of the answer is: They are draining tax proceeds from the municipal operating budgets, and diverting it to fund the lavish civil service pensions...

  • @michaellalanae7228
    @michaellalanae7228 День назад +77

    Surrounded by crooks . From tax collectors to insurance companies,

    • @HillyBill38548
      @HillyBill38548 День назад +11

      Politicians, law enforcement and government employees.

  • @MuffDiver408
    @MuffDiver408 День назад +111

    Condo association is a microcosm of our government. Cause problem and the solution is give them all your rights and money.

    • @davidOConnor-z3l
      @davidOConnor-z3l День назад +5

      You beat me to the punch

    • @Weathernerd27
      @Weathernerd27 День назад +3

      I used to think some parts of the government were good but in the past few years I've seen signs of major corruption in every branch of government. I'm not against a big government that helps the people but when the government only cares about big corporations the less government the better. Its a strange world we live in where someone who believes in democratic/left ideas wants a smaller government.

    • @joshcal7370
      @joshcal7370 22 часа назад +5

      I’ve always wondered what kind of people are sitting there thinking “You know what I need? More oversight and less control over my property.”

    • @dnllamb
      @dnllamb 21 час назад

      💯

    • @timmywitty1432
      @timmywitty1432 20 часов назад

      @@Weathernerd27. Did you know government means ( ment = mind) (govern = CONtrol) Mind CONtrol?

  • @douglasstone3813
    @douglasstone3813 День назад +154

    HOA stealing money is as old as HOA's.

    • @davidOConnor-z3l
      @davidOConnor-z3l День назад +2

      You would think that would be an individual right at least in America you would think

    • @rokyericksonroks
      @rokyericksonroks День назад

      You’re calling it “stealing” please elaborate.

    • @TomSnyder-j2p
      @TomSnyder-j2p День назад +1

      ​@@rokyericksonroksJust look at the case with this guy Michael is showcasing. One example of many.

    • @TomSnyder-j2p
      @TomSnyder-j2p День назад +2

      ​@@rokyericksonroksJust look at the case with this guy Michael is showcasing here. It's happening all over the country many times for decades.

    • @loribagley3484
      @loribagley3484 День назад +2

      Same thing happened here in my condo but he has never been arrested

  • @LeahDLit
    @LeahDLit 6 часов назад +123

    There is a systemic problem -- greed. We have allowed many of our economic sectors, to take advantage of the American people. It's disgusting and frightening for the future of our country. My husband and I will be retiring in the next two years n another country. We are absolutely worried that SSI will no longer be funded. we'll have to rely on his pension, a 403 (b) and a very prolific lnvestment account with my Abby Joseph Cohen my FA. Our national debt is bloating and expanding every month. Our government needs to get spending under control and cut the federal budget.

    • @JobanyMilito
      @JobanyMilito 5 часов назад +1

      I went from no money to lnvest with to busting my A** off on Uber eats for four months to raise about $20k to start trading with Abby Joseph Cohen. I am at $128k right now and LOVING that you have to bring this up here

    • @JulioMangru
      @JulioMangru 5 часов назад

      I know this FA, Abby Joseph Cohen Services but only by her reputation at Goldman Sachs; even though she's now involved in managing portfolios and providing investmnt guidance to clients. I have been trying to get in contact since I watched her interview on WSJ last month

    • @LeahDLit
      @LeahDLit 5 часов назад +5

      ​@JulioMangru Well her name is 'ABBY JOSEPH COHEN SERVICES'. Just research the name. You'd find necessary details to set up an appointment.

    • @JulioMangru
      @JulioMangru 4 часа назад

      ​@@LeahDLitThank you for this tip. I just looked the name up, wrote to her through her webpage and booked a session..

    • @KhristyDrysdale
      @KhristyDrysdale 4 часа назад +2

      ​@@JobanyMilitoAbby Joseph Cohen Services has really set the standard for others to follow, we love her here in Canada 🇨🇦 as she has been really helpful and changed lots of life's

  • @robertwright7283
    @robertwright7283 День назад +167

    I think as time goes by, greed is going to get way worse.

    • @Rojass91
      @Rojass91 День назад +16

      Specially in this economy that money is harder to find and when you do, it evaporates quickly with all these high prices.

    • @hashimrahman51
      @hashimrahman51 День назад

      It’s not really greed. It’s desperation. Instead of tightening their belt, people are turning to fraud and petty crimes.
      And it starts from the top-the elites. Do you understand what bankers have taken from us by their fraud and theft? So at some level don’t blame the common folk for getting in on the action too. It’s immoral and a sin, but I understand why they are doing it and how they probably rationalize it.

    • @unaldurmaz250
      @unaldurmaz250 День назад +2

      Well as you make youtube cash and money 💰anyway vote Harris 🗳

    • @null40
      @null40 День назад +5

      The rich are running out of things to buy

    • @andrewgleason586
      @andrewgleason586 День назад +10

      It's not only inflation it's greedflation.....

  • @fredk9999
    @fredk9999 День назад +26

    Thank you to our host for this outdoor walk around segment. Always appreciate your research and presentation

    • @rokyericksonroks
      @rokyericksonroks День назад

      There’s nothing wrong with living in a camper. At least it shelters you from the elements.

  • @iddddaduncan
    @iddddaduncan День назад +83

    I owned a condo once, the yearly owner meeting with the financials never made sense or added up and we weren't allowed to question the discrepancies, it was a joke.
    Greed has killed the country

    • @davidOConnor-z3l
      @davidOConnor-z3l День назад +1

      The landscaping fees are ridiculous alone,,Give me a rake and some pruners and I’ll keep care of a plot around my unit are you gonna pay for some company tell him to plant cactus in tumbleweeds

    • @Gary-u8r
      @Gary-u8r День назад

      The result of deregulation or ignoring already established laws. Capitalism, free enterprise. Government keeping its hands off business.

    • @joshcal7370
      @joshcal7370 22 часа назад

      Has there ever been a country in history where people haven’t been greedy? If everyone was just content with what they had, we wouldn’t have the internet or platform to complain about it.

    • @l.j.r.8448
      @l.j.r.8448 21 час назад

      @@joshcal7370nonsense. Greed and innovation have nothing in common.

    • @BranFolio
      @BranFolio 13 часов назад

      ​@@joshcal7370 greed is ok but crime is not.

  • @phaedrus2633
    @phaedrus2633 День назад +31

    If you're really concerned about your HOA, the best path is to be one of their officers. That's what I did, and got to see it from a totally different perspective. That's the reason that HOAs get away with what they do. Not one wants to serve on the board.

    • @Weathernerd27
      @Weathernerd27 День назад

      Yeah I've wanted to serve on the board but I have a 50-60 hour a week job with a long commute and there have been a few family crisis so I really don't have the time.

    • @Joce123
      @Joce123 День назад +1

      You speak as though somebody who has time on your hands?!!

    • @phaedrus2633
      @phaedrus2633 21 час назад +1

      @@Joce123 Well, surely, I did. But, if I didn't, I'd have made the time if it meant keeping an eye on the people who make rules regarding my neighborhood. The real kicker, is that there is never much competition for any of the positions on the board. Out of a hundred or so residence in our subdivision, we could barely scrape out the five for our HOA board. Like everything else in life, if you want something done right.......

  • @iddddaduncan
    @iddddaduncan День назад +41

    All your property taxes goes towards paying pensions and salaries.

    • @ZaKRo-bx7lp
      @ZaKRo-bx7lp День назад +7

      And being used to justify government debt and spending. Basically, you're being robbed out of your ability to afford a quality life. And they're okay with it as there's no consequences for them

    • @bobbya51
      @bobbya51 День назад +4

      Of overwhelmingly every public sector union member , that have an ironclad stranglehold on virtually every municipality across the nation . You can thank the 1935 National Labor Relations Act for this ongoing extortion racket .

    • @butwhytharum
      @butwhytharum 20 часов назад +1

      ​​@@bobbya51 sounds like you're upset you don't make good money... Maybe join a union and see what the fuss is about.
      I'm not crying about my 100k+ salary with defined benefit pension...

    • @shanejones578
      @shanejones578 19 часов назад

      @@butwhytharummaybe there’s not enough union jobs to go around

    • @marymagnuson5191
      @marymagnuson5191 18 часов назад +1

      And interest on debt your local government owes - but they won’t tell you what those interest payments are.

  • @RollingnBodfish93518
    @RollingnBodfish93518 День назад +15

    Went throught the same deal in Las Vegas at the Greenbriar property. Seven of the condo higher ups stole all of our monies and fled the country. This was back in the '90's. All we could do was wait to try to recover. Roofs, painting, basic maintenance took a severe hit! Took us 12 years to recover the lost funds. The neighborhood was never the same. I fled after 34 years of residency.

  • @EarlPiller
    @EarlPiller День назад +13

    When jobs pay peanuts, this is the kind of behavior that you can expect.

  • @JALRML1251
    @JALRML1251 День назад +27

    I'm a gold and silver stacker. Trades under 10,000 are not recorded upon purchase. If you buy American Government Issued gold or silver there is no capital gains tax once you sell. If you have generic gold or silver you can trade at a bullion dealer for American issued gold or silver. Yeah, you'll take a haircut but it's worth it. The trade with my bullion dealer would be 6%, sure beats 28%. Keep your trades under 10K in cash. Only ,5% of Americans are investors in precious metals. Imagine what the price would be if investing doubled or tripled. Currently silver is a diminishing resource so in the next few years even without more people investing silver will increase in value. YTD silver is up 36%, gold 29%. I saw this coming 3 years ago. Stackers say if you don't hold it you don't own it. Beware of vaulting your metals you may never see it or your money.

    • @rokyericksonroks
      @rokyericksonroks День назад

      Who do you recommend as a seller of US gold coins?

    • @JALRML1251
      @JALRML1251 13 часов назад

      Vermillion Enterprises, Springhill, FL. They have a RUclips channel at that name.

    • @Maynardd
      @Maynardd 12 часов назад +1

      Gold? You do realize if you’ve been holding gold for the last 15 years, you actually lost money due to the value of the dollar…

    • @JALRML1251
      @JALRML1251 11 часов назад +1

      ​@@MaynarddYou're wrong.

    • @Maynardd
      @Maynardd 11 часов назад +1

      @@JALRML1251 Huh? No, I’m not wrong. I’m just telling you the absolute facts and data. The dollar debases 14% annually. in the last 15 years, that’s 210%. Gold would need to be over $3000 for you to just break even if you got in 15 years ago at $1000. That’s just the way it is….

  • @hot89103
    @hot89103 День назад +18

    In the winter there are homeless people that will break a store window to go to jail to ride out the winter. How many will decide to go to jail because it will be too expensive to live in society.

    • @jimshoe402
      @jimshoe402 День назад +1

      By LAW keep your hands off and trees too.

  • @Rojass91
    @Rojass91 День назад +25

    I've always said it... If you buy a condo make sure it has no more than 15 to 20 units and with no amenities.
    Reason why is because the less units there are, the more your vote count for elections in case you want to change the HOA board members. If a high rise condo has 500 units then your vote is too diluted, however in a 10 unit apartment your vote is 10% which is good.
    No amenities like pool, sauna or fancy jacuzzi because it increases maintenance fee, emergency repair and creates opportunities for corruption from greedy property managers and board members. I wouldn't want to pay a thousand or 2 thousand for condo maintenance fee, not only is dumb but a horrible investment long term.

    • @Leslie-xo9gy
      @Leslie-xo9gy День назад

      Lmao no.. I just stepped down as President for 40 units, no amenities. Why did I step up? Lazy members let the previous President run the show and 75k disappeared over a lawsuit he wanted to win. One large storm & claim later and our insurance cancelled, no updates for 2 decades and roofs shot. I worked my butt of setting the ship to rights but was ALWAYS the bad guy to…the LAZY members. I painted our speed bumps and did so many little things because we were broke- it’s ALWAYS someone else’s job to the squeaky wheels but it’s the memberships fault if they don’t hold the Board to their job or step up themselves 😂

    • @Norm475
      @Norm475 День назад +5

      Also, buy a condo that is no more than two stories and has no elevators. Elevators are very expensive to maintain.

    • @danman1287
      @danman1287 День назад

      Until there is a big problem n some unit owners cannot afford repairs... That is the dumbest post

    • @rightright6582
      @rightright6582 12 часов назад

      @@danman1287expound upon….

  • @michaelhammond5895
    @michaelhammond5895 День назад +19

    How come some of the insurance presidents committing insurance fraud has not been arrested also?

  • @TomSnyder-j2p
    @TomSnyder-j2p День назад +14

    The U.S. ran out of jails and prisons to put all these scumbags years ago.

    • @raymondreiff8170
      @raymondreiff8170 23 часа назад

      Now we open up our Borders to the rest of the world so it Stays that way, Absolutely Disgusting.

  • @genew5758
    @genew5758 День назад +27

    We have changed property management companies on my condo twice in the two years I've owned my unit. There are many shady management companies that are ripping off owners with overcharging for repairs.

    • @CrowdControl123
      @CrowdControl123 22 часа назад

      It sucks. Seems like every level of bureaucracy, business, or both has to take it's cut.

    • @gregh7457
      @gregh7457 21 час назад +1

      @@CrowdControl123 we have turned into a banana republic. moving to a real banana republic to at least enjoy the tropical weather is a viable option now

    • @BranFolio
      @BranFolio 13 часов назад +1

      I wonder why we in Yugoslavia never had any "property management" in buildings where we lived. Pipes were made of steel, thick as man's arm (I am now in North America. The latest I heard is they now make pipes of plastic?! Probably because they want more autism, more neurological disorders. And before plastic, they were using copper?! Thin as man's hair and in accordance to buildings "code". Between copper and plastic choose your poison). And I have never heard anybody's apartment was ever flooded. To manage what? Repair what? Concrete? Concrete lifespan is 75 to 100 years. My building in which I grew up was built in 1968 and it is still as it was 55 years ago. It even survived Clinton's bombs.

  • @RamTrucks590
    @RamTrucks590 23 часа назад +11

    Don't feel sorry for homeowners in San Diego. They voted for it.

  • @waynebatson6825
    @waynebatson6825 22 часа назад +6

    Exactly Michael. Spot on. Homeowner can get sued for Someone tripping and falling in front of their house on a city sidewalk. That is absolutely insane.

  • @Gerald-i6w
    @Gerald-i6w День назад +8

    I used to give painting estimates for HOA’s. They didn’t want a detailed description of the work but yet they wanted it really cheap. I gave him the best price I could because I wouldn’t negotiate. I didn’t get the job. I’m glad I didn’t.

  • @smallcoffee75
    @smallcoffee75 День назад +11

    Three of the 11 units listed for sale in the complex are "Listed by Grigori Arzoumanov
    Brokered by Turnberry & Co. Inc." copied and pasted.

  • @In-obscurity-n7j
    @In-obscurity-n7j День назад +15

    The city planted the trees watered them. Trimmed them. I would sue the city because their trees ruined the sidewalks.

    • @ImVeryBrad
      @ImVeryBrad 9 часов назад

      Sue for what? Hurt feelings?

  • @AshleysBallistics
    @AshleysBallistics День назад +24

    The "King of the Condo" is now the "King of the prison soap" 😳

    • @luck9837
      @luck9837 День назад +1

      Sadly people who do white collar crimes like fraud get sent to a different type of jail, more of a camp, get fined a couple million and able to keep the rest when hes out

    • @Stoneface_
      @Stoneface_ День назад +1

      😂😂😂

    • @BranFolio
      @BranFolio 12 часов назад

      He is the tip of an iceberg

  • @mrlarry999
    @mrlarry999 23 часа назад +4

    The board of directors of the HOA needs to order an annual audit from a CPA firm.

  • @kingglizzer
    @kingglizzer День назад +41

    The storm-damaged states are using cash and silver right now because there's no infrastructure that works for credit cards or bitcoin.

    • @mikebravo4545
      @mikebravo4545 День назад +3

      cash I believe idk about silver got a link to a story about it?

    • @shanejones578
      @shanejones578 19 часов назад

      @@mikebravo4545silver is also the oldest money in recorded history. Even older than gold as a currency. I would take silver no questions asked, and based on that alone that means plenty of others will and would too

    • @FairyNews369
      @FairyNews369 10 часов назад +1

      Cash was gold when net was down. Gas stations in Asheville had gas,
      but no one could get any with all their money thru card.
      Imagine if they get their cashless society!!!

  • @andrewgleason586
    @andrewgleason586 День назад +15

    Inflation is feds fault,with interest rate cuts the 10 year Treasury will rise causing higher borrowing costs,then causing higher inflation..... amazing....

  • @jeffreybaier5312
    @jeffreybaier5312 День назад +10

    This is nothing new, these crooks have been doing this for years. 😂

  • @movdqa
    @movdqa День назад +8

    Most condos are apathetic. Maybe 10-15 percent of owners show up to the meeting as everyone is too busy.

  • @murrayterry834
    @murrayterry834 День назад +113

    the real crime to ask is why we can fund ukraine and israeli wars but cannot help our own hurricane victims or the hawaii victims.

    • @HillyBill38548
      @HillyBill38548 День назад

      Palestine Ohio , Flint Michigan. This administration puts everyone else before Americans

    • @angelafarrell-aimetti7775
      @angelafarrell-aimetti7775 День назад +10

      There is no answer to that question unless we demand change through our vote. Let’s all realize that we need to begin demanding accountability.

    • @Ghekko-kw3zz
      @Ghekko-kw3zz День назад +5

      Because the USD is backed by international military reach. Withdrawing that reach = Venezuela on steroids

    • @chrisweidner4768
      @chrisweidner4768 День назад +15

      The tragic answer is that our government, both parties, serve the great reset and not our Republic. This must end. Keep speaking out. The rule of lies and greed must end globally. Be kind. Always. Out lies and evil. Always.

    • @patrickm6012
      @patrickm6012 День назад +4

      Check with your house representatives they are the usual roadblock.

  • @thomasrbishop8736
    @thomasrbishop8736 День назад +15

    Great video.
    You just can't trust anyone anymore.
    Yes stay on top of everything.

  • @mikeshoemaker1909
    @mikeshoemaker1909 День назад +18

    America is doomed

    • @Kevinttvv
      @Kevinttvv День назад +2

      Agh finally someone just saying it.

    • @rokyericksonroks
      @rokyericksonroks День назад

      No, but integrity based leadership is in greatest demand.

    • @chrisweidner4768
      @chrisweidner4768 День назад

      Naah. Be a voice that helps bring back honesty, hard work and caring. Stop tolerating evil. Be kind.

  • @TimesandGens
    @TimesandGens День назад +5

    Yep, each 3x3 sidewalk square is about $500 to $700 depending on if they have to cut the tree roots down.

  • @mikkimikki5376
    @mikkimikki5376 День назад +11

    Michael, you keep giving us the best info in your genre. 😊

  • @josephlynch3746
    @josephlynch3746 День назад +7

    WtFark!!! If I own the sidewalk ... 😂~*
    There's gonna B a Toll-Booth involved!!!!

  • @robertlaird6746
    @robertlaird6746 День назад +6

    I've been stacking both gold and silver since 1993. On March 18, 2020, I traded all of my gold for silver and now only have silver. That trade has now tripled in value. When I traded my gold for silver, I did it private party and have avoided any and all capital gains taxes because I was smart about it. In 1993 till 2008 I was mostly stacking gold and then switched to only stacking silver but never paid more than $14.50 an ounce of silver till July of 2022 and then I started stacking silver again.

  • @chrisweidner4768
    @chrisweidner4768 День назад +6

    As long as good people stay quiet, none of this evil will ever end. Speak out. The rule of lies must end. Be kind. Always. Out lies and. Evil. Always.

  • @rory7511
    @rory7511 День назад +8

    Here in the UK, we don’t pay capital gains on any amount of gold and silver, as long as it’s produced by the Royal Mint, ie Gold or Silver Britannia’s. I do wonder how long this will remain the fact though 🤔

    • @wattbenj
      @wattbenj 21 час назад

      Always I think. It's why it has an irrelevant Pound Sterling amount on it (£2 on silver, £50 on gold I believe, though correct me if I'm wrong). Because you can't tax money by law. For them to start charging tax on Britannias, they'd have to remove the legal tender status of them and mint new ones without the amount.

  • @llew-AZ
    @llew-AZ День назад +9

    I don't buy homes with sidewalks, so I am lucky. Trees take toll on sidewalks.

    • @petuniasevan
      @petuniasevan День назад +1

      Yes, we sold our property with a Norway Maple pushing up the sidewalk. Tree (and sidewalk) belonged to the city; all we could do was have them come out and trim the tree as it would really snarl up the powerlines that ran through it. Now we have a home and yard with no sidewalks. And no messy maple tree!

  • @joshcal7370
    @joshcal7370 22 часа назад +4

    I’ll never understand the desire of wanting to buy something, but wanting someone else to tell you what to do with it. I’ve owned multiple properties, and there is no deal on property good enough to deal with an HOA.

  • @twhitten828
    @twhitten828 День назад +4

    - 00:05 seconds in

  • @tolar9
    @tolar9 День назад +30

    In other words, gold is not going up, the USD is going down.

    • @jjred233
      @jjred233 День назад

      Right. Its not a good way to show that. Everything is gold to gold collectors.

    • @Maynardd
      @Maynardd 12 часов назад +1

      Bingo!

    • @Maynardd
      @Maynardd 12 часов назад +1

      If you’ve been holding gold for the last 20 years, you actually lost money.

    • @MyaVilla88
      @MyaVilla88 11 часов назад +1

      @@Maynardd😮

  • @ralphpal
    @ralphpal 19 часов назад +6

    The money is gone and now what

  • @KatieB1776
    @KatieB1776 День назад +18

    Love your videos Michael. Keep up the great work. ❤

    • @MichaelBordenaro
      @MichaelBordenaro  День назад +1

      Thank you! Will do!👋

    • @davidOConnor-z3l
      @davidOConnor-z3l День назад

      He’s telling it like it is without the fancy Hollywood fake lights that is and script

  • @mr.wonderful2195
    @mr.wonderful2195 День назад +5

    That sidewalk rule is the way it is in many cities. I worked for the city of Portland Oregon and live in Vancouver Washington and they both have that rule.

    • @BranFolio
      @BranFolio 12 часов назад

      I find those sidewalks charmy looking. Let them be. And forbid lawsuits by issuing a Putin-like decree. And problem solved. You ran and fell? And died? So did victims of Helena. Bad luck. Sue God. Business as usual. Life is too short.

  • @danielstevens3372
    @danielstevens3372 День назад +10

    In Oregon when they put in sidewalks they put a tax lien on the property that has to be paid when the property changes ownership my grandparents place was sold and they had to come up with over 40k for the sidewalks

    • @bobbya51
      @bobbya51 День назад +1

      They ? The buyers , sellers or the municipality . Please clarify .

    • @danielstevens3372
      @danielstevens3372 6 часов назад

      @@bobbya51 the city

    • @danielstevens3372
      @danielstevens3372 6 часов назад

      My uncle had to pay at closing to release the deed

  • @Norm475
    @Norm475 День назад +7

    Most condo boards are honest in not stealing from the dues, but many get kickbacks from the condo vendors. Since these board seats are non-earning positions, why would anyone put up with the BS serving on the board unless there was some form of remuneration?

    • @rokyericksonroks
      @rokyericksonroks День назад

      Okay, but usually you will get what you pay for. You want something for free then expect poor quality.

    • @commonsense6967
      @commonsense6967 День назад +2

      How about ALL the condo owners be forced to take their turn on the HOA board for one year?! And how about the condo dwellers actually be required to attend at least several meetings per year??

    • @bobbya51
      @bobbya51 День назад

      Remuneration ? You mean under the table bribery .

    • @Norm475
      @Norm475 23 часа назад

      @@bobbya51 Of course

    • @BranFolio
      @BranFolio 12 часов назад

      Imagine a condo with 150 units. Each paying $2000 per month on average. That is $300000 each and every month. Now imagine all those crooks in boards contemplating ways how to steal it on continual basis. Every 10 months you get 3 million. You have no school. No job interview. You were selling watermelons in Tarkarstan or whatever. All of sudden you became a President of a corporation?! That's how Grigoris get millions in America. I say: every man is Grigori until proven he is not.

  • @Dave-eu3ib
    @Dave-eu3ib День назад +6

    Never ever buy into an HMO

  • @edwardhoffenheim3249
    @edwardhoffenheim3249 23 часа назад +7

    Wow. Sounds like the government

  • @Technotranceism
    @Technotranceism 14 часов назад +2

    If I have to repair a sidewalk, due to a tree that the city put there, you can bet that tree is going by by.

  • @stargazer5073
    @stargazer5073 День назад +3

    Fraud, theft......the way of the world. Sadness

  • @MaxWolf-s9y
    @MaxWolf-s9y 17 часов назад +4

    1990s: A house cost around 257 ounces of gold.
    2024: A house costs around 193 ounces of gold.

    • @theone4929
      @theone4929 10 часов назад +1

      Very few people will understand this, if the dollar was not artificially created, the actual cost of a house should be approximately 2 ounces of gold.

    • @MaxWolf-s9y
      @MaxWolf-s9y 8 часов назад

      @@theone4929 The idea that a house would cost approximately 2 ounces of gold without the influence of fiat currency doesn't align with historical economic data. Gold has been a store of value for millennia, but its purchasing power relative to goods like houses has varied significantly over time due to factors like supply, demand, and economic conditions.
      Historical Gold Prices: In the early 20th century, under the gold standard, an ounce of gold was fixed at $20.67. Even then, the average house cost much more than $41.34 (2 ounces of gold).

  • @jamesdonald7485
    @jamesdonald7485 День назад +4

    In NZ where I come from, the seller ALWAYS pays the agent's commission. A buyer NEVER pays commission. If an agent shows a property to a potential buyer< and the buyer purchases, the seller pays the agent's commission. Anything else is just a rort designed to take as much money from property owners as possible. And if an owner wants to sell the property themselves, they are perfectly entitled to and then there is NO commission payable to anyone.

  • @dianasimpson9392
    @dianasimpson9392 23 часа назад +2

    This is everywhere. It’s with the management company too!

  • @curtgomes
    @curtgomes День назад +4

    I had a job that put me in court for many different types of cases. It was every week that the court calendar had law suits that dealt with HOA fees or some kind of HOA violation. These HOAs had the power, via contractual agreements, to put liens on peoples property, for various rules violations. Some petty, some more serious than others. Some of the violations were extremely petty and lots of in fighting occurred. ie; color of your front door. I made up my mind right then and there, to NEVER get involved in a piece of property that has HOA fees and rules. The enforcement is sometimes arbitrary and some people do not pay their fees. On top of that they just keep going up and you have absolutely no control.

  • @frankgrengo8474
    @frankgrengo8474 23 часа назад +3

    I am a realtor in San Jose. I have a listing where I told the agent that seller it offering 2%. When they made an offer, he asked for 2.5% We countered on price and commission and ended up setting on 2% to buyers agent. I know many agents are still offering and getting 2.5% but I believe that will decrease as time goes on.

  • @8.5x11
    @8.5x11 День назад +5

    I lived in Sunny Isles for a couple of years. Hearsay was that there was alot of underground Russian communities living lavish lifestyles through means of embezzlement.

  • @Wakeupandsniffthecoffee
    @Wakeupandsniffthecoffee День назад +4

    So much of our country is suffering from infrastructure taxes and the money collected doesn't get put into the places it needs it.
    Upper class neighborhoods get all the services and lower class get nothing.
    Trees in the side of the road is another can of worms. So many love the trees and don't want to see them go, but there should be other trees that don't damage and fit better planted.
    Many trees were installed without the home owners consent, just part of the original design.
    Taking down a tree can cost me $6000 here in Virginia.
    Many neighborhoods don't hardly get sunlight because of the old growth trees that were just too big for that application.

  • @jgal1231
    @jgal1231 23 часа назад +3

    The "Prez" was smart enough to get the money but not smart enough to buy a one-way ticket to Costa Rica ...

    • @bobbya51
      @bobbya51 23 часа назад +1

      💥💥

    • @maisade
      @maisade 13 часов назад +1

      They always perfectly plan the crime but completely ignore the escape plan. Typical of those types😂

  • @twhitten828
    @twhitten828 День назад +4

    If you FORCIBLY TAKE MY MONEY ie: Insurance, Taxes, 'FEES', HOA blah, blah, blah... I want to (holy) SEE...the AUDIT TRAIL..of Every effen/ $cent. 😬

  • @bypinkerton892
    @bypinkerton892 День назад +3

    There are a lot of people that are not interested in participating in our politics....
    It's the same with small scale Board of Directors at their Place to live...
    I'm Secretary & no one wants my position....
    Our BOD has never changed except we recently added 2 Members at Large.... In hopes they can take our place in case we can't.... Even getting residents to attend Quarterly Member Meetings...
    People aren't interested until they want to complain....

  • @fredk9999
    @fredk9999 День назад +4

    I reside here. Good, good neighborhood

  • @patrickm6012
    @patrickm6012 День назад +1

    Michael, call out these people who are taking advantage of HOA.

  • @meganne8
    @meganne8 День назад +7

    Just like Katy Williams said 2024 is the year everyone will be exposed and I’m really enjoying it! I’ve been waiting about 4 years for my association to be cleaned out but it’s so bad nobody wants to do it.

  • @moonlight-kh6uz
    @moonlight-kh6uz 23 часа назад +2

    Condo "business" is the most lucrative business in the world. A perfect crime. A loophole in the law. Endorsed by all level of government.

  • @strokeracp1
    @strokeracp1 День назад +1

    Gregory is why these condo associations don't have RESERVES‼️‼️‼️

  • @Junglelove20mm
    @Junglelove20mm День назад +4

    I'm stocked,shocked I tell you.

  • @hansraub8663
    @hansraub8663 День назад +9

    Owning Property especially in California, is a Liability, unfortunately !

  • @jeffjohn9898
    @jeffjohn9898 День назад +1

    What did the tenants think when the HOA wasn’t doing any upgrades to the building?
    It’s called embezzlement!!!

  • @petuniasevan
    @petuniasevan День назад +3

    6:13 Actually, Michael, they just dropped the asking rent to $4250 a month 🤣 Yeah, no. And you can't pay your rent or grocery bill with scenery or nice weather.
    Notice that the house was sold in 1981 for $134k. That is about the time my parents bought their second home after we moved. They paid $65k for a home twice that size in Chico CA (100 miles north of Sacramento).
    Yes, I still miss my home state but no way in hell could I afford it. That house in Chico that my parents used to own? It's for sale, $680k. I do like the renovations done... but dang.

  • @twhitten828
    @twhitten828 День назад +4

    I HAVE A SIMPLE/STUPID.QUESTION:
    How many (*Liscenced) - Middlemen are NEEDED...to ''Buy' a 'Property'.
    What happened to : Here is a 'bill of sale', here is the 'deed', here: it is 'recorded'?
    An Honest question.
    Ty 🙌

  • @elchapo101
    @elchapo101 11 часов назад +1

    How can you fault a guy for having a strong work ethic, Michael?😂😂

  • @bryanspayde5681
    @bryanspayde5681 День назад +2

    A condo is a apartment you truthfully own nothing..

    • @bobbya51
      @bobbya51 23 часа назад

      Similar to owning a home if you don't or can't pay your ever escalating property taxes . Ultimately , the municipality you reside in " owns " the property legally . Sad , but true .

  • @mylesworster3707
    @mylesworster3707 День назад +6

    If you trade gold for property it’s not a sale. Saves a ton of value. Why would anyone report a gold sale in the first place?

    • @rokyericksonroks
      @rokyericksonroks День назад

      Gold IRAs. They make no sense. Holding gold but meeting reporting requirements destroys the stealth aspect of PM ownership..

    • @petuniasevan
      @petuniasevan День назад +4

      Problem is, it has to be registered. Joe Blow sells you a home with 3 acres for 20 pounds of gold at today's price. Now, the property is in his name. You need it transferred. You have to go through every motion that you do for a cash/financed sale. The gold must first be liquidated and transferred directly to the title company in U.S. dollars. THEN it is effectively the same as a cash sale.

    • @rightright6582
      @rightright6582 12 часов назад

      @@petuniasevanwhat law says the the gold needs to be liquidated?

    • @petuniasevan
      @petuniasevan 9 часов назад

      @@rightright6582 I don't know about a specific law but you can go to your local title company and tell them they will be accepting gold for the transaction... they will tell you no, you must do the transaction in U.S. Dollars drawn on a financial institution (bank, credit union, etc). They aren't in the business of trying to determine whether your gold is salted with tungsten rods, or the incorrect weight. Your state might also not allow gold or silver to be considered legal tender.

  • @tinaho1966
    @tinaho1966 День назад +2

    People now , FRAUD anywhere include big insurance , big corp , LOT of people go JAIL

    • @MaxWolf-s9y
      @MaxWolf-s9y 16 часов назад

      😂 It is been always, now it is obvious because no enough money for all kind of frauds

  • @Lil_Homie.
    @Lil_Homie. 19 часов назад +4

    Sidewalks are on a 10’ easement and accessible to the public, they are not owned by the homeowner so why should they be responsible for replacement? How is that even legal?

    • @jimshoe402
      @jimshoe402 15 часов назад

      The LEFT came up with the Idea Get it ???

    • @alyross2850
      @alyross2850 13 часов назад +1

      I used to own a duplex. I was responsible for the sidewalk. Not that I could use my “property “ any way I wanted. Cops would go by and ticket anyone parked with a single car tire on the sidewalk. If anyone is allowed to walk or play on my sidewalk, cool. But how can I be required to fix it, suffer the consequences if someone gets hurt, but I can’t say they can’t be there???
      It was a small town close to a mid size city. Bloated government, basically sucking up tax dollars because they can.

    • @NomadChristian
      @NomadChristian 7 часов назад

      In gated communities, the roads are private, not public. Therefore the HOA is responsible for road and sidewalk maintenance

  • @josegerena1028
    @josegerena1028 22 часа назад +1

    Love that joke with de sopranos 😂😅😂!!

  • @youarethecreator1
    @youarethecreator1 22 часа назад +1

    Most condo owners have no idea if the board is stealing. They show up to a meeting once a year.

    • @MaxWolf-s9y
      @MaxWolf-s9y 16 часов назад

      😂 Jewish Gregori Arzumanov knows where is money and how to steal them ... Jewish society gave him the job as soon as he arrived to the USA

  • @Glideslopes
    @Glideslopes День назад +7

    The Tip of the Condo Iceberg.

  • @sylvestertat1078
    @sylvestertat1078 4 часа назад

    Anyplace a pile of money exists, there is someone looking to steal it. That's Accounting 101.

  • @CarlWithACamera
    @CarlWithACamera 23 часа назад +3

    Wait for it… the treasurer will soon join him in handcuffs.

    • @bobbya51
      @bobbya51 23 часа назад

      A conspiracy you say ? Where are my smelling salts .

  • @Peter-tk6rm
    @Peter-tk6rm 22 часа назад +1

    Private Equity firms buy into Management rights here
    in Australia 🇦🇺
    It's beyond criminal.

  • @SlimShady771
    @SlimShady771 День назад +4

    You don't have to pay capital gains tax on gold. You sell it to any gold coin shop and they will give you cash. They don't report anything to the government unless it's 25 ounces or more sold or bought.
    Come on folks stop complying with their rules.

  • @karenkramer3760
    @karenkramer3760 22 часа назад +1

    We changed property managers 3 times already.

  • @alfonsoalfonso5254
    @alfonsoalfonso5254 День назад +12

    Thank your multimillionaire politicians

    • @commonsense6967
      @commonsense6967 День назад

      Why should politicians be responsible for managing YOUR homesteaded property for you! Condo owners need to grow up.

    • @shanejones578
      @shanejones578 18 часов назад

      @@commonsense6967lol, why should lawmakers be responsible for the laws that they made?

  • @carieyounginsurance
    @carieyounginsurance 10 часов назад

    These HOAs and condo owners make me absolutely sick…! Terrible

  • @youtubechannels9205
    @youtubechannels9205 День назад +7

    Russian mafia is very active in condo HOAs. Basically, free money.

  • @Dan_the_mn
    @Dan_the_mn 16 часов назад +1

    Sounds like Michael needs to get the hell out of Florida.

  • @maverickcapitalist1
    @maverickcapitalist1 День назад +5

    Straight from the central Soviet republics with that type of name lol, shocker this happened very Russian like scam here lol.

  • @purplemonster2239
    @purplemonster2239 10 часов назад

    You wanna know what's more crooked, messed up, and broken then the sidewalks?? The local and state politicians.

  • @adventurebabyboomer7318
    @adventurebabyboomer7318 10 часов назад

    This is why people should STEER CLEAR of Condo HOAs at all costs! I lived in a condo community in CA; the Board held absolutely no reserves on the books- been siphoning off money for years. Homeowners have no control. I sold condo and moved ASAP.

  • @jolemire2546
    @jolemire2546 День назад +21

    House in California... do not buy...do not rent... move away from California!!!!!

    • @petuniasevan
      @petuniasevan День назад +1

      Absolutely. I got away 32 years ago.... had to start over (long story) but have been doing well until now. With the economy imploding, we'll see.
      A lot of relatives are still there. Some of them regret it. Some already left.

    • @gracechen513
      @gracechen513 День назад +2

      ​@@petuniasevan
      And some are happy there

    • @petuniasevan
      @petuniasevan День назад +2

      @@gracechen513 If they have the government jobs and connections. Or inherited a load of money. Or are in the entertainment business. But many ordinary folks are stressed and finding themselves a paycheck or two away from losing their homes or being unable to pay the rent. This is compounded by the cost of living there (yes, depending on area; it's more spendy to live in Mill Valley than in Fall River Mills....) compared to the average in the USA. I've been in the Midwest for 31 years now, and it's been a lot easier to thrive.

    • @bobbya51
      @bobbya51 День назад +1

      @@gracechen513 Especially in 🌞🌞 Santa Barbara !

    • @godogs89
      @godogs89 День назад +4

      Don’t vote the same after leaving

  • @rockyroad7345
    @rockyroad7345 23 часа назад +1

    I've lived in a few large neighborhoods that had an HOA that were run by homeowners who volunteered their time...they got no compensation. There was never a problem with Karens or thievery.

  • @shirley9066
    @shirley9066 7 часов назад

    Thank you for uncovering what they're & trying to do to us!

  • @FrankGallagherr
    @FrankGallagherr День назад +20

    Who else loathes Obama, Kamala Harris, Biden, Jack Smith, Mayorkas, Schumer, Newsom, Schiff, Hochul, Willis, Fauci, Pelosi, AOC, Cheney, Hillary, Woke Hollywood, The View, ABC, CBS, CNN and MSDNC.

    • @bobbya51
      @bobbya51 23 часа назад +1

      Maybe half the country . The other half ? Applauding with glee .

    • @cHernandez6449
      @cHernandez6449 15 часов назад

      Trump sucks

    • @littleredhen3354
      @littleredhen3354 15 часов назад +1

      About half of registered voters are INDEPENDENT, so 25% more or less.

    • @maisade
      @maisade 13 часов назад

      Hollywood in general is a cesspool and has been from the very beginning.

    • @talusranch990
      @talusranch990 8 часов назад

      Forgot big rack whitmer

  • @Wakeupandsniffthecoffee
    @Wakeupandsniffthecoffee День назад +1

    19:34 many places want to complain about a lack of sidewalks or maintenance if you have one, but in the end they just tax you for your portion?
    I could install a nice sidewalk in front of my house, but besides being illegal, it would open me to lawsuits and other problems.

  • @mikedavison4313
    @mikedavison4313 22 часа назад +1

    After watching this I realise there is so much difference between the USA and Australia.
    First, here in Australia having a buyers agent is an abnormal thing. Most people do their own house shopping and don't need a buyer agent. Yes sellers still have an agent.
    Second, we have something called rates which is your equivalent to property tax. We are currently screaming at our government because rates on the average house has reached just over 2k per year.
    Third the verge and road is public property and the local council is responsible for sidewalks and roads. Any repairs is on their dime and if they need to repair the cost goes to every house in the area, not just the house near the sidewalk. If anyone trips or falls on public land it's the gov that gets sued.

  • @carolgeyser5415
    @carolgeyser5415 День назад +3

    Michael. Love your vids. Excellent

  • @ebx100
    @ebx100 20 часов назад +2

    Did that 96 year-old woman that you mentioned in a previous video get to stay in her nursing home unit for life, despite the new investor trying to kick her out? Maybe she can just pay to fix the sidewalk in front of her home as a "compromise".

    • @MaxWolf-s9y
      @MaxWolf-s9y 16 часов назад +2

      She died soon after

    • @ebx100
      @ebx100 11 часов назад +1

      @@MaxWolf-s9y Um, ok. Thanks for the post.

    • @MaxWolf-s9y
      @MaxWolf-s9y 8 часов назад

      @@ebx100 Sorry ! I was just joking-she's alive and well. She's still living there, and they've decided not to kick her out. However, in the future, elderly people might be thrown out of such nursing homes, and we'll see more seniors on the streets in their underwear and without identification. That's capitalism for you; it has never had a human face. Just look at Palestine-that says it all.

  • @MrBojo-jv4qq
    @MrBojo-jv4qq 20 часов назад

    People won't complain when economy is good, but when shtf, and economy tanks, tenants start caring more about stealing from their condo fees.