that helped a bit, but it would help much more if you were pointing to the lines on a balance sheet as you spoke

no to HOA

I’m here for Daniel’s socks. Incredible.

You’re doing nothing special that banks aren’t already doing. Difference is, going through you will add additional cost to HOA/Homeowners (your fee).

So everything you said, IS bank loan based. If not, then WTH are you referring to?

Absolutely agree!

Fuck HOAs. Moving on.

BS...HOA should have a working capital fund for these types of emergency over budget expenses.

It's not changing weather patterns that's going to make insurance so much more costly in the future. It's inflation. Those who've been paying close attention will have noticed that the government's figures on inflation are significantly low-balled. There's a reason for that. Our "leaders" know that their ability to manage the economy is becoming ever weaker, and they are trying to cover it up for as long as possible. The insurance story is just one small part of the tip of the iceberg. The dollar is in trouble, democracy and freedom are in serious trouble, and the American empire is about to go the way of all empires in the history of the world. Kaput. We're in for some hard times, and not just with insurance. THAT is the reality of the situation.

Insurance is not gambling! With insurance, the hazard of experiencing a loss preexists. With gambling, the risk of loss begins only when you start playing the game.

And with a shithole HOA, if your house doesn’t look like some picturesque image some random fool imagined then they will pressure you to fix it and there is nothing you can do about it

Nobody wants HOAs except power hungry people who want to try to lord over everyone else

Yeah that the point of buy a property. Last i checked this was America, not North Korea.

It's simply a power trip, and their should be a term limt on positions. The budget and expenses should be transparent.

My sons HOA doubled and they still have not done any of the things they said they were going to do HOA is ok as long as it’s for the benefit of the homeowner not the detriment to the homeowner

Will never buy anything with an HOA

HOAs shouldn’t exist.

STAY THE F AWAY FROM HOA! NO ONE IS GONNA TELL ME HOW To KEEP MY FING HOUSE! FING NO ONE!

Yep. Thats me. Where I live, HOAs are everywhere because they own city counsels. Its practically impossible to not live in an HOA here. They are corrupt Domineering organizations and fuck them. People often have little choice but to live in an HOA and they hate having to do it, so eat shit HOA lover.

HOAs are an abomination. Anyone who defends them is a human waste of oxygen.

Block

Their frustration because they don’t educate themselves about HOA’s prior to purchasing into a HOA community. Then after purchasing, they (homeowners) still don’t educate themselves.

Thank you for explaining this topic. Could you please provide a lead for a company that writes master policies for hoa/coa in georgia. Thank you

There are some board directors who act more like dictators than directors. That's what's frustrating. I have found that most homeowners are friendly and just want to live their lives. Communication is key, but when you have a board who disrespects homeowners and doesn't answer questions, it becomes not worth living there. Sadly, most of us can't move at this point in time. Suing them hasn't worked. Recalling them hasn't worked. Most of the membership has been alienated from participating and just takes the abuse. Elections take several weeks, because we don't meet quorum.

Boards that act as if they own the property. Communication with the owners is important. If you allow cliques to control the HOA, you have lost.

It is 100% fair. Hoa as a whole needs to be abolished.

HOAs are nearly universally garbage.

BEST BET IS BUY YOUR OWN HOUSE !! STAY AWAY FROM HOA CONDOS !!!!!!!!!!!

bottom line is STAY AWAY FROM CONDOMINIUMS!!! ITS A PAIN IN THE ASS

You people are delusional.

Love this!

Fuck HOAs!! They are the number one reason I will never live within any subdivision, neighborhood, or village that has one.

Ain't that the truth?

Try this on for size, a residential neighborhood of single family dwellings of about 180 homes, dues have been $30 per year as long as most people can remember. A week ago today, the board announced a plan to raise dues 400% year over year. But... The HOA board refuses to provide any information about the purpose or need for the increase. They say the board has no plans for the money immediately, they want to collect it then figure out what to do with it. Turns out, the board wants to buy a vacant lot that's not for sale and no price has been agreed but the owner wants $120k. Coincidentally, 5 of the 6 board members want to buy the lot for personal reasons but they're wanting the HOA to buy it for them. That's not all. We currently don't even receive $30 benefits for our dues because many homeowners haven't paid last year's $30 dues but the board believes everyone will gladly pay $150, including those who aren't paying $150. This is because the treasurer's policy is to make no attempt to enforce payment of the dues assessment via liens, fines or interest. He just runs a tab waiting for the day the house sells and the HOA will receive back dues. So tell me again the part about not complaining about your board or any dues increase. Lastly, any time the volunteer board is criticized for self-dealing, failing to produce and publicize meeting minutes, schedules, agendas, reports, etc. changing the location of a meeting without informing anyone but the board members... The board members don't want to hear it because they're volunteers. It's like they think volunteering gives them immunity from criticism, when in reality they know they're doing wrong and harm but they don't care. It's their hobby to self-deal

Excellent presentation. Very informative and easy to follow.

Very informative 101 information.

Great info, annoying music.

Shill

People who live in a HOA need mommy and daddy's approval for everything. Sad

HOA’S SHOULD BE ILLEGAL

They call the Manuel the covenants and there's 9 trustees who volunteer to be elected.

Do you agree 17k for maintenance a month is good?

Rent and ruin are synonymous..hoa demands are rent.. fraud theft extortion embezzlement..devalue by debters..

You and HOA’s suck.👎

How can rules be changed ? Can anyone be given special permission to break rules I.e. no animals allowed in commons yet our project manager was given “special permission” by our board to bring his dog in ?

So glad I chose NOT to live in an HOA. I don't want consistency and blandness. I want eccentricity and creativity and freedom. I lol'ed at this comment at 1:20. My neighborhood doesn't feel "lost". We all enjoy the properties we own and we don't need some Overlord telling us we can't have a pink front door or I have a bird feeder in view or my old truck has faded paint? What kind of life is that? Non HOA neighborhoods seem to have happier residents and a better sense of community instead of HOA residents bickering over lawn height or 1 dandelion.

Items 3 and 4 are why the HOAs should all be federally banned.

Phuck HOAs!!!!!!!!!

HOAs are lame. I would use the G word, but something tells me you would find that one extra offensive.

Just a comment to the creators of this series: The background music should be just a bit lower as the sound interferes ... basically: the speaker and the music are competing for the audience's attention, and I am more interested in the content.