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Real Estate
Reply to "I need to raise Common Charges Again - When do I tell People?"
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[quote=Anonymous]You have a seriously thankless role here. Flood insurance rates are set by NFIP so there isn’t going to be variability by shopping around. And you need to get the bills paid plus reserves built back up. You aren’t going to make your condo owners happy. It’s a no win. But kicking the can down the road isn’t a solution. You all need a regular maintenance and replacement schedule so that costs are spread out and planned for. Thing is, everyone who owns there should be anticipating these issues. Most important thing is to be transparent and honest. Good luck. [/quote]
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