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Reply to "Signs of a dysfunctional condo association [DC] "
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[quote=Anonymous]BTW my 30 unit building it is $950 a month a good managing agent. We also have a CPA, lawyer (only pay when we use), snow and lawn service (same guy) quarterly sewer service, annual gutter cleaning and roof check and handiman on call. And we don’t do assessments but we save up new driveways, cement work, painting etc My building is lucky we let it run down on purpose 2007-2012 as we build reserves. We then over 4 years redid whole place from 2013-2018. No assessment. Luck as prices shot up in 2020-21 but we are good for a long time. We have two years worth of common charges in bank! Right now we are charging slightly above break even on condo fees. We can go 10-15 years now with no raise in fees. [/quote]
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