Thursday, August 11, 2011

HOA Fees

Donald asks…



How to make a business proposal to reduce my increasing HOA Fees
5 years ago, HOA fees were 70 dollars. within 5 years it shot up to 155. By July, it went up to 200. The association claims that they don't have enough money in reserve, or that the repairs cost too much, or that we need to upgrade the jacuzzi with 400 jets instead 20 jets, or they need more money to pay the garbage men.

I want to make a proposal to not increase increase the funds in reserve but to lower the HOA fees back down to 70/mo.

My suggestions are:

1. to have 2 cars

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