The Perfect Budget for Your HOA? (This has your answer!) | Reserve Study Basics Pt 3

[@reservestudies]

✅ Is a Reserve Study right for you? 👉 www.reservestudy.com/

[@Doris-jz2xe]

My HOA, e.g. has a ditch in the streets (asphalt) about 12 inches wide and 5 inches deep, and is getting worse. I pointed this out to new potential home buyers who clearly did not care. They are starry-eyed, fearful that others will get the house and end up paying more than the asking price. A house that was purchased at $175,000 new was sold for almost $800,000. We have a poorly funded reserve study because we have no BOD, no annual meetings, no elections. The management co. is the lead instigator of embezzling our money, along with a few fake BOD/officers. The corp. BVH, Inc. is currently suspended by the FTB. I cannot afford an attorney, and have been to small claims court without the support of the other homeowners mainly because they are afraid. I have been physically battered, at least 3 times, once being trapped in my car door while mace was being sprayed directly into my eyes and nose. This is no longer any form of a democracy. We are segregated and easy prey because the real estate criminals know that most people don't have the time to read the CC&Rs and the Bylaws which are meant for lawyers to read. The only positive is I know where my enemies live. I will be 71 in a week, have a reverse mortgage and live alone in Los Angeles. FYI.

[@Chicago_Clout]

Deferred maintenance will destroy a community in no time. CROOKED Creek HOA in Sarasota is a mess.