Community Manager

I am Enemy #1 - I am a HOA Community Manager. giving unsolicited introspective to bridge the gaps between HOA’s, Boards and Homeowners

[Community Manager @ComManagerCA]

@DamonDawg As a ex baseball player…

In that situation where you feel impact is coming…

You protect yourself.

Go Padres!

[Community Manager @ComManagerCA]

@realEstateTrent It’s true though….

Especially in middle/high end communities.

Homeowners are upset until they sell.

Find the community realtor and bring him to the meeting and he will do all the work selling it.

Board is using an expert in making that decision

[Community Manager @ComManagerCA]

@chernobelskiy @IadisGr8 Nope

[Community Manager @ComManagerCA]

@_FlipMan @jrklint Unless it’s foreclosure by HOA.

[Community Manager @ComManagerCA]

@NiceQuarterGuys So Bengals

[Community Manager @ComManagerCA]

@heIpfullandlord HOA’s w/good management co’s are great for investors but you need to know who they are.

Good operators will terminate contracts with bad boards.

Usually charge more to not over burden their managers. Lower cost means more HOA’s per manager.

Give annual yearly recap w/budget.

[Community Manager @ComManagerCA]

@jorge_moj @Gugo907 Seems light, no?

[Community Manager @ComManagerCA]

@FracSlap @jakalfayan Burn, urn & earn

Get a satoshi with each referred customer

[Community Manager @ComManagerCA]

@WAR527 Looks like the bought 1.5M shares in Q2

[Community Manager @ComManagerCA]

@heIpfullandlord I manage HOA’s

[Community Manager @ComManagerCA]

@WAR527 $AR Received: $280M

Q1 23: 4M shares (sh) issued
Q4 22: 6M
Q3 22: 6M
Q2 22: 1M
Q1 22: 0
21: 43M

Total: 60M sh issued
Bought: 30M ($1.03B)
Net: -30M sh
Still owes: $39.5M or 9.1M sh

Share buybacks are just expensive debt repayment $280M for $2.5B in costs and buybacks, no?

[Community Manager @ComManagerCA]

I’ll keep adding to this list as I think of more but went on a rant this morning as we begin our budget’s for 2024.

[Community Manager @ComManagerCA]

If you own in an #HOA in CA, you want to read below as the state legislature has and continues to pass policy that will make your HOA more expensive. Below is list!

[Community Manager @ComManagerCA]

Water (con’t) - If you’ve done turf renovations in your HOA lately, you know the rebate doesn’t cover the cost well and that homeowners hate it (as much as they hate assessment increases).