Your HOA Fee Is Asinine!

[@lukegray8626]

Dave's daughter giving him grief is the best. It brings him back down to earth. The back and forth is good.

[@John3.36]

She is the Heir to the empire!

[@TheSoulCrisis]

Yes I love it haha!

[@MsJeanneMarie]

110%!!!

[@Andiev12325]

Totally! I think they are my favourite duo.

[@scoutandscooter]

Anyone who thinks this is bad should never consider buying a co-op or condo in Manhattan.

[@Malevolent_bacon]

The real answer is HOAs are mostly scamming owners. Period. I've never ever found a single HOA that does anything within reason.

[@David-wo9un]

These two together are some of my favorite videos; not only is it educational, the bonus of the father/daughter dynamic is so genuine it just warms my heart.

[@Nikkib716]

I love Dave’s and Rachel’s relationship on the show together!

[@jonsmith9728]

Whew $650 sounds more like a second rent check

[@rd24life]

@@jonsmith9728 welcome to the big city where in some parts 650/month HOA is on the low end. It is nuts

[@mishtc75]

The end of this call with Rachel rippin' on her dad just totally made day LOL

[@wreckingopossum]

As someone who lives in Dallas, I can confirm this is extremely common. Condo prices are suppressed by asinine HOA fees

[@JustinCase780]

Yes, and this is nothing new. It's been super high for condo owners in Dallas for well over a decade. Papa never heard of this before in Dallas? The caller will get know place fighting it...buyers historically paid it for low prices but that ship sailed.

[@darex0827]

The people running them are elected amongst the owners. They usually have zero experience in infrastructure management. Recipe for chaos and despair.

[@sydneygray1331]

Is this per month??

[@juanrestrepo1017]

Exactly it’s very common - that’s what all Atlanta HOA are if not even above. Where do this people live ? Middle of nowhere Wyoming ? 😂

[@juanrestrepo1017]

@@sydneygray1331 yes per month

[@Smallvillefreak]

So very glad we found a home near work, family, and church with no HOA.

[@blackworldtraveler3711]

All it takes is effort.

[@ko_djo]

This sounds about right with condos, especially in metropolitan areas. I live in Baltimore and I was looking to buy a one bedroom condo in the downtown area, and the HOA fees on the average range from $400 to $700. 🤦🏿‍♂️

[@ko_djo]

@@Mrsmetamorphosis2012 True!

[@jofujino]

Yes, not new condos (because new condos don't have to pay for the maintenance of the building yet), but that sounds pretty normal for a condo where I live that is currently having to pay for major maintenance work (or pay off loans for major maintenance work). Either that or it might have expensive amenities such as a building security guard + pool + fitness center + landscaper. Hardly unheard of unfortunately, especially because insurance rates are increasing so fast because of climate change and these HOAs are often required to cover home insurance for all of the common areas too. I even saw one building where the HOA fee was that high and the reason it was so high is water and cable is bundled into the maintenance fee (which I would hate as a heavy internet user who never watches cable).

[@ghostbird92]

This is a typical HOA for a high-rise condo in my area (northern VA/DC). I saw a $189k condo in DC with an HOA of $1.1k/month.

[@juanrestrepo1017]

Exactly very normal for Atlanta and Dallas too. Not sure where baldie here gets his numbers

[@MaryBethMcCoy]

@@juanrestrepo1017 And Los Angeles...especially high rises and buildings with lots of amenities.

[@rd24life]

I was on an HOA board and tried to lower the fees but all other members voted to keep the same wasteful management company and raise fees. It’s hopeless

[@rd24life]

@@ghostbird92 even new homes and townhomes often have HOAs around 200/month and they don’t do any maintenance on the homes, that is just for gardening and amenities.

[@MrNiceGuy500]

Our neighborhood was $81 a month but has decreased to $75 a month. We have a nice pool some ponds with fishing and nicely kept grounds. All our HOA guys are former marines and financially responsible. We are in Dallas area also (Frisco)

[@6663000]

HOA and condo fees are out of control... it's like buying a place and then also paying rent on top of it. Doesn't make sense.

[@pangaeamenslijk9183]

In some higher cost of living area $650 is relatively cheap and fees in the $1300 range aren't unheard of, the average condo HOA costs almost as much as an apartment where I live

[@donnafontaine2799]

I'm trying to guess you live in NYC area...Boston..or somewhere in California?

[@Malevolent_bacon]

This is called legalized theft.

[@nualanicghearailt8011]

I love how Rachel simultaneously teases and challenges her Dad! Only she would get away with it!! 😅😅

[@anthonyfaucy2761]

Anyone else would get fired for challenging him like this lol

[@cjhoward409]

I wonder if she cheated on her husband if Dave would fire her? Because he did that to a former co-host 😮

[@jimroscovius]

​@@cjhoward409 Ok, troll - First, she wouldn't do that. Second, yes, he'd fire her.

[@jimroscovius]

I never have, and never will, live where I have to pay an HOA. NEVER!!

[@cjhoward409]

@@jimroscovius Oh you know her so personally that she would NEVER do that ? Lol I’ve seen stranger things in my time. And I seriously doubt he would fire his own daughter. 😂

[@777RL]

Bring it up at the HOA meeting.

[@stevenporter863]

​@MrBean I think that is the point. If someone went through the expense and effort to buy and own something; they may feel they shouldn't have to make yet another sacrifice and take the time out of their schedule to go to yet more meetings. All to just to make sure some HOA doesn't make rules or decisions about the very property they 'bought''. That doesn't sound like owning something besides on paper - it more sounds like communal living at private prices.

[@eddiekulp1241]

Never pay a HOA fee , don't live where there is one

[@austinduke8876]

Condos and townhouses aren't really possible without HOAs

[@JustinCase780]

80% of ALL new builds in the U.S. have an HOA

[@AliciaMcIntire]

In Texas, that is basically impossible. Since most housing was built less than 40 years ago, it is all HOA

[@benjaminhough8804]

I refuse to pay, or be a member of an HOA. When I’m looking at houses an HOA fee will immediately be a no on the property. I’m not dealing with their craziness. When I OWN a piece of land and the buildings on that land, I will do anything I want on that land and paint my house any colors I want.

[@TomDavisVideo]

@@jeffwvu4602 LOL come on man.... are you an HOA board member LOL

[@johndone8045]

​​@@jeffwvu4602tfo, thats none of your business, if u dont like it, live in a cave or buy the whole block Hoa is a plague in this country

[@ferngrows6740]

Emotionally, I'm against HOAs BUT, they have their place. On a $800K place, mine is $100/mo. It covers sewer service, trash pickup, police force, fire department, road maintenance and maintenance of the lakes and common spaces. As stated upthread, it also keeps my neighbor from storing four shipping containers next to me - like my old place. :)

[@DBS472]

Agreed, don’t have one on my home. However 80% of all new builds in the US have an HOA. It’s actually very hard/regional to find non-HOA homes

[@TomDavisVideo]

@@ferngrows6740 ;-)

[@kellywaddell4448]

I like how Dave just hangs up on people. You’ve said enough, goodbye.

[@guillofm]

i suspect its a mute only

[@michaelluczyk]

As the other comment said, mute ❤

[@blackonblack...9244]

It's like a shadow mute, I've call into the show before. Like you can hear the answer, but won't be able to respond and the call-screener will talk to you. Once you ask your question and they have enough information they give their answer but don't need to carry on a whole conversation. Some people ramble a lot on there, so it help to shadow mute.

[@stevenporter863]

​@@blackonblack...9244 Never called in but just about to write the same.

[@roolyfe]

Bye Felicia

[@cherylburnham6660]

But in Texas it is very hard to find a house in a neighborhood without an HOA. It is basically another tax added onto the house because as homeowners in HOA we really have no say. They are usually ran by companies and not the homeowners. Had we known all of this we would have looked hard for no HOA and our next home we won’t live in an HOA (out of the state of TX).

[@blackonblack...9244]

There's plenty of houses and property without an HOA in Texas. You just have to look.

[@nottelling4828]

"But in Texas it is very hard to find a house in a neighborhood without an HOA." That's pretty much the norm across the country for any new home. Florida even has CDD fees thrown in there (municipal loans paid off by the home owners).

[@stevenporter863]

HOAs are the worst. She should sell it. Since it is a condo, not like she owns anything except the four plasterboard walls. Basically an apartment being told what to do along with an extra HOA fee.

[@genxx2724]

@@stevenporter863 She does own the land, together with everyone else.

[@blackworldtraveler3711]

I can understand having condo dues because it's tailored to my wants and needs with the security gates/guards,4k cams,heated pools,lawn/landscaping,maintenance of outside condo,tennis courts,heated pools,payroll,etc.... Not into the subdivision of HOAs for houses. Must admit the subdivisions with HOAs look nicer that those without.

[@buffydog21]

I couldn't afford a condo! I love owning a house with no HOA rules.

[@blackworldtraveler3711]

Heck I couldn't afford one of my condos I have now if I had to buy it at today's price.

[@Phantom-darkness]

Me too and I’m a slob. Hahah. Right now I got weeds growing and I have an old office trailer out back and a park model mobile home down the side. Hahah. I’m just fine with hick!

[@xfhnhhgjbvcfg]

Then you can't afford a house lol

[@Phantom-darkness]

@@xfhnhhgjbvcfg most people can’t afford their houses. I know people spending 60% gross income on a house. I’m at 4-5% my gross and I think that’s bad.

[@dancalmpeaceful3903]

Owning a house (with NO HOA rules OR fees) IS the WAY to go.

[@bettysmith4527]

Sounds like this was a very poorly run condo and it caught up them, now the owners all pay!

[@cyoohoos]

As someone who had a high HOA fee once…$455 for a $198k condo…, it included water, cable, internet, pool, maintenance, taxes, etc. They had annual meetings where we as owners could attend and I sold it and bought a house without a HOA

[@lot5953]

I would like a house without HOA too. Maybe Dave is right. One of my HOA members is a single mom who stays home and has nothing to do so she is strolling around the neighborhood looking for the makeup issue to report

[@goofygirl1311]

Yeah, I was wondering if her fee might include all utilities, taxes. maintenance, landscaping, trash removal. She really needs to see the breakdown of where that money is going to.

[@zoraster3749]

In Florida, some of these condo fees are going up to $1,200 to $1,800 a month for those that don’t have fully funded reserves. Law change after a result of that condo collapse in south Florida.

[@MrWookie1981]

I think the key here is it is a condo. The HOA fees probably include utilities, insurance (not contents), maintenance, property management, capital reserve etc...

[@danielpecaro777]

Go to the annual meeting. Her fault for her ignorance. Almost all HOAs are originally underfunded. Sounds like a catchup of reserves.

[@DillDough4u]

Condo HOAs tend to be high because they typically cover exterior maintenance such as painting, roofs, landscaping, etc.

[@barrymicockner]

I pay about $300 a month for HOA and they do nothing really for the community

[@Primitive_Code]

So what's the point of owning? I rent and pay only twice your HOA fee.

[@shachede6828]

It’s condo’s not houses usually

[@barrymicockner]

@@shachede6828 actually that's incorrect communities are charging hoa for houses and town houses

[@barrymicockner]

@ApplesAndOranges the point is your are paying for the Parks, pools. Club houses, fire pits, bbqs etc

[@Primitive_Code]

​@@barrymicockneryes but you're not getting any of those services like this caller but it's required as a homeowner in the city.

[@Frank-James]

I absolutely love when Rachel picks on dad!

[@bellybooma]

Be very wary as a new buyer. Those who have already lived there for 10+ years don't mind higher fees and assessments as they have already built equity and want to be in a good position to sell. Being hit with an assessment and due raises 1 or 2 years after buying is not fun. You are essentially paying for mismanagement and lack or maintenance of the past 10-20 years.

[@diletante6800]

My current situation. So unfair

[@RalstigRacing]

I wonder if they were underfunding reserves and had to step up the funding. There are new laws passed since the collapse of the FL condo that prevent underfunding reserves. Insurance has also increased by 200-400%.

[@appendix-q6k]

I’m from Dallas as well and property prices are insane. What this lady said is very true . Texas is supposed to be one of the cheaper places to live in. This place is becoming the next California. I definitely won’t be retiring in Tx if things keep going this way.

[@funtechu]

I would guess it's to avoid an expected special assessment, probably because the HOA fees were artificially low in the past and then some major renovation popped up (like roof replacement). It's unfortunately common for HOAs to be mismanaged and either substantially overcharge or undercharge.

[@getinthespace7715]

It increased 200 dollars or 40%. It was insane before they upped it. Lol.

[@genxx2724]

I’d rather pay a special assessment for something that’s needed, than let the HOA sit on my money and possibly not budget it for infrastructure replacement. They can collect your money monthly and STILL pass a special assessment (“Oops!” with no consequences). I prefer to hold onto my money and invest it so it grows, then pay for things as needed. Most people can’t handle their money properly, though, and don’t know or accept that the building will need things.

[@blackworldtraveler3711]

@@genxx2724 Same. We've had one assessment in 25 years of $400 a few years ago. Was voted on 95% approved and necessary. Part of my emergency fund/investments covers any assessment that comes up in the future. The board of directors encourage everyone to have an emergency fund regardless even though we have a hefty reserve fund and preventative maintenance. They don't like surprises.

[@genxx2724]

@@blackworldtraveler3711 It sounds as if you have smart, mature people running your HOA.

[@Lon1001]

@@genxx2724 I live in a condo and I'm the opposite, I never want to be around for a cash call, especially for something that should have been planned for but was missed somehow. I prefer there be a budget and audits in place to make sure the reserve fund is suitable for the major upcoming expenses (which thankfully my condo has), I also prefer that the cash reserves on hand are being responsibly managed and invested in appropriate funds until needed... the reason I prefer the condo to manage it is because even though people like you are able to plan for yourself, many/most people including fellow condo members won't have this which is why condominiums that dno't have good governance fall into terrible disrepair. Having suitably high condo fees and funded reserves protect your investment.

[@SpoonHurler]

I'm with Dave... you can tell me what to do and pay me OR I can pay you and I can tell you what to do. I hate HOAs.

[@kajalshekhawat436]

Same reason I hated school 😂

[@portertn123]

I once looked at a condo in Downtown Houston that was $1,200/month on a $250k condo. High rises generally have that high of an HOA.

[@joejoe-bs6jq]

Yes. Watched a few Vegas high rise videos and they are the same. For a high-rise, I can certainly understand HOAs and having higher fees. There's a lot more maintenance and care that goes into buildings (shared walls/building supports), sewer systems, electricity, the telecomm rooms must be built out, parking, trash, and other amenities. So, I can see that. But, normal one to three story condos? Can't see why they'd be terribly high unless you are getting a lot of amenities for your money.

[@ElijahHunter77]

GO, DAVE! GO! SERVE YOUR HOA! 😂😂😂😂😂😂😂

[@wtk6069]

My problem with HOAs isn't the size of the fees so much, though it can sometimes manifest itself in exorbitant fees. It's the way they inevitably bring out the inner fascist in those running them. Humans always abuse power. Always. It's in our basic nature as a species, and it's always a risk to give another person power over you. They will always eventually abuse it.

[@Danielathebrand]

That was me on the show!! Watching this replay was SO funny 🤣If yall have advice, I welcome it! Should I sell the Condo?

[@chrismcc6563]

Is that 650 a year?

[@sppeders1]

Best of luck.

[@andrewrossnagel9433]

@chrismcc6563 $650/month I would imagine. Mine is $300 and it includes everything except electric/gas and whatever breaks on the inside. Roof, siding, water, lawn/snow care and a pool/tennis court all covered. And I still think thats expensive

[@toeknee5565]

Buy two more of them

[@SenorMoneyintheBank]

You need to look through the minutes to review why the dues have gone up. You also need to figure out exactly the $650/month covers. Every HOA is different so there's no way of knowing if this is a reasonable fee or not without that info.

[@NiqLikes]

I’m not sure why we are talking about HOA fees in a condo (assuming building) like it is an HOA fee in a ranch house….that is a pretty common HOA fee for $250k condo

[@juanrestrepo1017]

Thank you. Baldie here Lives under a rock 😂

[@blairkunka2888]

We live in a $400 K condo and our main't fee is $875, most of which is insurance. Our insurance has over doubled in the last 8 years. Also included are other expenses that a homeowner would also have to pay, Water,Sewer, trash, landscape,, Internet, basic cable, and reserves.

[@cowboys20004]

Before anyone can say its too high, what are the amenities? Utility Bills, Maintenance? Playground, Gym? Absent that , the financials are available at the monthl meeting, They are not going to send it via email, because email isn't secure. But, when you ask, it's available. Ours id available at the meeting, from the office, and an online portal.

[@williamlackey123]

I live in Myrtle Beach, SC. We have a ton of condos here with HOAs well over 1,000 a month

[@warrentrout]

My condo is far cheaper than a house. I cannot maintain a house for the price of the HOA fees and no external repairs

[@jennyberger6688]

Yep that’s what happens here we’re in Colorado and some of the HOA’s are in the 700s and they’re just for tiny little condos and houses even houses even have HOAS

[@juanrestrepo1017]

Yup. That’s how much HOAs are nowadays

[@Mr_D555]

I was VP for our HOA for one year, NEVER again will I do that. Once I punch out of this place if I do that I will NEVER go into another HOA.

[@genxx2724]

Me too. It was a thankless job. I’m not getting involved anymore. The less you know, the less you have to disclose when you sell. La la la la la, ears covered.

[@robloxvids2233]

HOAs are fine. They make sure the losers in my neighborhood keep their yard cut, trees trimmed, and keep cars off the lawn. Human beings need to be saved from themselves. It's why we can't have nice things.

[@phantomfpss]

With an HOA that high, you never own your condo, even if its paid off

[@matszombiekillb9223]

Love this funny poke sticking between Rachel and Dave, all in good fun.

[@AuthenticallyTee]

I’m in Toronto and the condo fees here are ridiculous as well! Just ridiculous!

[@rondrake3720]

Depends on what the HOA covers ? How old is the condo, delayed maintenance, law suit, how many buildings? etc. are they preparing to do a major overhaul of something? And she doesn’t know

[@MaryBethMcCoy]

She is clueless and should not have called without getting her facts together first. This call was a waste of time because she has not done her due diligence ahead of time.

[@samaelestevez]

With the high cost of insurance in Florida it is not uncommon to see $600 HOA fees.

[@patty109109]

The fault here is this caller being so lazy she has no idea what it covers; hasn’t asked to see the budget.

[@donkemp8151]

I pay $550 / year in HOA fees. We have 4 miles of walking trails, pool, and tennis courts. Entrance is landscaped 4x year to keep things looking good.

[@houseofgrindgaming]

I owned a condo once. Never again. Biggest mistake in housing I ever made.

[@jessicalizarraga9160]

May i ask why? They seem more affordable than buying a house and they are becoming very popular lately

[@houseofgrindgaming]

@@jessicalizarraga9160 HOA fees soar when some of your neighbors are foreclosed at once in downturns so those left have to pick up the slack. Massive restrictions in most about even getting permission for repairs inside your own unit like laying carpet or flooring. You usually can't just decide to rent it out, u have to get on a waiting list for months or years. Politics everywhere. I could go on.

[@genxx2724]

@@houseofgrindgaming If more than a certain percentage are rented, the entire property doesn’t qualify for FHA loans.

[@ditttch]

Our house is worth $250k and our HOA is $200 a year. $650 sounds ridiculous for her place valued at the same amount.

[@richardwallis9374]

My house is worth 620k and my HOA is 80$ a month. I get a members only pool with life guards, a ton of communal gardens and parks in the area with equipment that is maintained, tennis court, driving security 24/7, and most importantly I’m left alone.

[@abacab87]

There is a big difference between a house and condo. 650 is crazy, my Mom's was considered inexpensive and was around $200 a month. Includes all outside maintenance and covered anything outside like roofing, siding, driveways, etc.

[@33ladyRAM]

This is ridiculous, and I'm glad I got involved and joined the board. This is ridiculous!

[@jasonrodgers9063]

NEVER NEVER NEVER buy ANYTHING that has an HOA!!!! Condo, suburb, ANYTHING!!! You WILL be sorry!

[@amireallythatgrumpy6508]

True of all American properties with or without a HOA to be honest.

[@chemicalfrankie1030]

you dont know what you are talking about. let me ask - who does pay to replace the roof where you live?

[@Raven-uh5pl]

Condo fees in my bldg go from around $600 - $1300. Electric & water included. It also has a 24 hr concierge, stores, plus other amenities. We rent so we dont have to pay the condo fee, but we’re considering eventually buying because it’s a very desirable county and pretty much a guarantee we can rent it out eventually. I don’t know if it would be worth it considering the condo fee keeps increasing though.

[@mrsmith1339]

You rent. Of course you pay the condo fee and the landlord's taxes and insurance.

[@Raven-uh5pl]

@@mrsmith1339 It would seem that way but our rent is only $1500. If we are paying the condo fee, then our rent is only $200.

[@ericcarlin]

This banter was FABULOUS

[@BeeTimesTwo]

It’s common for very high HOA’s on condos in Northern Virginia too. So frustrating!

[@AnnikaOBrien]

I live in Houston in a gated community with armed guards and cameras. We also have a community pool and pond with fountains that stays stocked with fish - our HOA fees are $1250/yr and it covers tons. (It’s a house on land, not a condo)

[@MrWookie1981]

But you pay your own utilities, insurance, maintenance including major repairs like roof, windows etc.. and manage all the services provided. Once you add this all up I bet you are paying more than $650 per month.

[@dezalex1174]

OMG Rachel cracks me up! I love when she takes a dig at Dave it's so much fun to watch

[@nigiabrown4547]

Sounds like it's $650 a year... That is NOT astronomical!

[@kbanghart]

650??? Fees like this give HOAs a bad name. My fee is $100 a month in California and it's well worth it.

[@Taylor-js9ik]

Is it a condo? Where in CA?

[@kbanghart]

@@Taylor-js9ik search "Anatolia" Rancho Cordova, that should return a decent result. Try Google maps. I'm about 15 miles from downtown Sacramento as the bird flies. Yes, $100 a month HOA for single family homes. Included is high speed Internet and use of clubhouse which has small gym, pools, etc. A great deal if u ask me.

[@DoubleJabSlipRightHand]

You can't find a coop or condo in NY less than $800 HOA a month. It's not uncommon for HOA fees to be closer to 1200 a month on long island and in Queens.

[@anaiyasmommy1]

Some HOA fees include exterior maintenance, landscaping, the common clubhouse and pool maintenance, and security. I pay $100 for HOA, and all they do is pay the weekly landscaping, maintain the playground and security gates. $650 in comparison to the value of the condo is astronomical.

[@genxx2724]

There’s also water, sewer, trash, electricity, possibly gas, insurance, taxes, and accounting.

[@shachede6828]

@@genxx2724 everyone charges that, it doesn’t cost even up to a $100

[@genxx2724]

@@shachede6828 It depends on the complex and what common area amenities and landscaping it has. Yes, it does cost hundreds, and I’m in an 8-unit building. Granted I’m in California, so our insurance is likely higher.

[@thedude5040]

​@@shachede6828 my summer water bill reaches $500/mo. My electric and gas is $200/mo. My trash is $25/mo. My taxes are an additional $500/mo. Homeowners insurance is $100/mo. This is all for a $315k in Kansas. So yes $650/mo hoa fee that pays for all of that is reasonable

[@juanrestrepo1017]

It’s actual normal for any city. Look it up.

[@suem6004]

A lot of it is for property management companies. Our HOA is small (18) and we run it voluntarily. Otherwise those companies want like 4K a month to run the HOA.

[@genxx2724]

Ours charges $400 per month for an 8-unit building with no amenities. We just have a security gate, garage gate, and a little landscaping.

[@jenniferlee7167]

I live in a co-op in Washington DC. It is on 14 acres and the HOA is $1316.40. We just re-did our roofs and the buildings were built in 1929! Old buildings require maintenance. This includes everything except Cable TV and Cell phone.

[@MyFunSizeBudget]

My hoa is $475 a year. They don't bother us. Keep the grass cut and yard clean. You can add any neutral paint color change of the house. New structures you have to ask for permission

[@charlesconley]

Depends on what is incudes with the HOA dues. I lived in a small condo and the dues included electric, gas, air, pest control, building maintenance, cable tv and all maintenance. A 20M house with a $700 HOA is not going to include those items so it is not really a fair comparison.

[@scidav87]

NEVER live in an HOA 🤮🤮🤮🤮🤮🤮

[@CZsWorld]

Dave should join the board of his neighborhood and become HO-Dave

[@michelesavino1928]

I am in the same position with my condo in ATL

[@TheEGA4421]

One of the reasons why some people are surprised by their HOA fees is that they do not stay up to date with what is going on in their community. Everyone is suppose to vote. For those renting an apartment you are also paying HOA fees...it is called increase in rent. Due to the fact apt renters do not own their apt increase fees happen to pay for building insurance, taxes, mainteance, landscape, swimming pools, community center, etc. For legal purposes it is about the wording. If you do not want to pay HOA fees, increase in rent then move off grid and do as you please.

[@katelynpalmer7523]

I love their banter at the end 😂

[@kevinstevenson]

How can you criticize the HOA fee when you don’t know what it includes. Her HOA could be very reasonable if it includes utilities

[@nickadams7775]

We don't have the context though of what that HOA cost covers. I live in a condo that costs about $400/month in a cheaper city that covers everything except for electricity. So it covers water/sewage, gas, trash pickup and we have a pool/clubhouse. So to me that doesn't seem like an outrageous price in a big city for a condo that's worth 2.5x mine

[@Fishouta]

Caller needs to attend meetings.

[@genxx2724]

Or just read the minutes and documents she receives.

[@earllsimmins9373]

This is what happens when you don't think it's worth the hassle to go to an HOA meeting..

[@Simpleharmonica]

I cannot understand how HOA became a thing I would never live in a neighborhood where I paid someone to tell me what to do with my house

[@sobeliever1638]

I like it, people act like they are breathing down your neck while measuring your lawn length every week. It really depends on the community.

[@miketheyunggod2534]

No one’s gonna buy it with that fee.

[@kimberlysoto6864]

Why would you be paying his own fee month after month this high and not question what it allocated to?. Seriously. 🤨.

[@JackAceINC]

So what this nice lady forgot to mention is the $650 covers all utilities, common areas, insurance, building repairs ect. It's not like they say "Hey you owe $650, and you get nothing."

[@kagnewcobra5228]

ALL utilities? Highly unlikely but I suppose possible.

[@alex182618]

Very few cover electricity. Most buildings where I live cover heat and water. Sometimes gas.

[@MaryBethMcCoy]

Exactly! This lady did not appear to understand anything about condo HOAs or what her fees are paying for. When I owned a condo, the dues covered everything except electricity.

[@dc1674]

Mine covers that for about $200/month.

[@JackAceINC]

@kagnewcobra I live in the Dallas area where this lady lives, I have worked in construction for 30 years, specifically midrise condo and apartment development. What happens is they take an older building that was apartments and never had individual meters for anything and convert them to condos. So the HOA dues are fairly high because all these items are included.

[@oahuguy3918]

In Hawaii, most of our condo's have HOA fees (called Maintenance Fee's here) that are way higher than this. In fact, $650 is normal, or on the low side here.

[@EricAndradeMusic]

I live near downtown Los Angeles. I have a $294 HOA fee every month and that includes All of my utilities. They keep the HOAs low on my old historic building to attract buyers. We had a very expensive assessment a couple of years back but it was the first one in over 15 years. Something is fishy.

[@kekejefferson9219]

Ahhh, Rachel is hilarious. 😅😂😂

[@genxx2724]

This girl didn’t bother to remember what the special assessments were for, and how much for how long, when the notices came. She should have looked into it before calling. Now she’s going to indignantly make demands of the HOA, when they already sent her everything and she ignored it. Another lesson in becoming an adult.

[@Danielathebrand]

I’m not a girl, I’m a woman. 🥰 Those were some serious assumptions you made. But thank you!

[@kbanghart]

​@@Danielathebrand did you find anything in your email?

[@Kaktus965]

@@Danielathebrand Any update? Curious minds want to know!

[@NateLives]

This woman would never be on air if Dave wasn’t her dad

[@Fishouta]

Rachel and Dave you cannot say this is mismanagement at all until you know what is going on.

[@RN4L1990]

It is complete mismanagement if your HOA is raising rates 100 dollars a year without an explanation

[@bettysmith4527]

It is complete mismanagement if your HOA was so bad with money that they didn't have enough reserves to pay for projects, and instead had to add assessment after assessment to the point that they just had to add it all to the condo fee!

[@sobeliever1638]

With no explanation is an assumption. She probably did not look into it.

[@Fishouta]

@@sobeliever1638 Agreed!

[@PureToneMusic]

My parents' condo in FL is $450/month, but it covers cable, internet, grounds keeping, roofing, water, pools, tennis/pickleball courts, and a few other things. Their condo is right around the $250K range too.

[@juanrestrepo1017]

Exactly - Thank you.

[@thebubbacontinuum2645]

Property I own rents for $3000, and the fee went to $832. Hoping to do a 1031 and buy a boat slip or warehouse.

[@Ernest_Burns]

I don't like paying, then being told what to do, then losing the property I own if I don't do what I'm told.

[@johanlaurasia]

Dave's got my vote... Could you imagine the country being on the baby steps...! just what we need !!!

[@Trenton.D]

Yeah because it’s totally logical to think you can run a country or world economy like a household. This is why Dave is a financial guru, not an economist.

[@RJMEL24]

I am HOA Board member in a 55+ over community and we post our monthly financials on the HOA Management companies web portal. Also, the HOA would be required to hold an annual meeting where they present and explain the current and next year’s budget. She had to be asked to attend. We also send a copy of the proposed budget for the following year and any intended increase in HOA fees that will be discussed at our annual meeting. All this information is public knowledge. She first needs to read her bylaws and covenants and learn how her HOA operates and how to find or ask for the information she needs as a condo owner. I agree the HOA fee seems exceptionally high for a $250,000 condo but maybe the HOA never did a reserve study and set aside $$ for future maintenance and capital improvements and are now forced to “catch up”. More to this story for sure.

[@brooklynzoo81]

That's her fault for not asking for a budget.

[@cirer8790]

That is fairly high but it depends on what the HOA includes, a lot of Florida condo in a similar price range has a +500 HOA.

[@tacojohns3432]

once you learn about hostile takeovers in HOA's you will likely never buy one again

[@christiS907]

Yep. Living in the country has its perks.

[@57_Triumph]

If you don’t know what your HOA fees are paying for, then you are not a right fit to live in a HOA community.

[@itsmikac8777]

HOA is a rip off! No way with HOA (it rhymes 😂)

[@glenchitty1515]

My first criteria when I purchased my current home was absolutely no HOA. Non negotiable

[@austinduke8876]

Then you cannot buy a townhouse or a condo.

[@JustinCase780]

Then a new property is going to be a challenge being that 80% of ALL new properties in the U.S. have HOAs.

[@thedude5040]

​@@JustinCase780 id go farther and saying that 100% of new houses in numerous cities have HOAs. The developer sets up the HOA then owns the managament company to collect a "subscription" of eternity. Then they set up the terms that the HOA will not be turned over to the homeowners for 20 years

[@glenchitty1515]

Yes it may be a challenge. Don’t care. I searched and got mine without HOA. Now it’s my rules. Not someone else I lived in a townhome once. Never again. So that doesn’t matter to me