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Reply to "Signs of a dysfunctional condo association [DC] "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]A lot of rentals. Low condo fees.[/quote] I wouldn't say "a lot of rentals" is a red flag at all. Low condo fees I agree with. [/quote] I wouldn’t say that’s a sure thing. My building charges mid-range condo fees and is a hot mess. We don’t get anything for them. [/quote] What do you expect to get? Managing agent, electricity, heat common areas, cpa, lawyers fees, insurance and building maint and any snow/grass outside plus a little in reserve each month it is nearly all gone. Plus my condo we discussed storage area, benches, small gym, garden area but each time only few want to use so we have zero amenities in building. Then the older buildings things pop up. Then if you have a large lobby, elevators, laundry room, garages and large flat roof and building liable outside windows and doors or outside pools ouch [/quote]
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