The killing of Alex Pretti is a heartbreaking tragedy. It should also be a wake-up call to every American, regardless of party, that many of our core values as a nation are increasingly under assault.
A new leader in the backfield please join us in welcoming in Kenny Hill as the new running backs coach‼️
https://t.co/CQYEWiDwjR
#WolvesUp🐺 I #PoundTheRock🪨🔨
Houston attorney Tony Buzbee said today that he's representing the parents of 19-year-old Texas A&M student Brianna Aguilera. Brianna died in Austin after tailgating for the Texas A&M-Texas game.
https://t.co/BVpMgDiHcQ
Please don't buy a bunch of condos as an investment
No you can't master buying condos
Because you don't control master insurance and availability of it and every MF investor knows its a wrecking ball
Because you don't control how everyone else votes to not do work and underfund HOAs
Because you can't control who gets hired to do the work and the quality of the work and the choices made
Because most owners do not care about being a steward of an asset nor the structural integrity of the building 5 or 10 or 20 years down the line
Because litigation or structural issues in other units can impact lendability and value and your ability to sell
Because you can't control your neighbors, the board
Because the costs for working on condo buildings are higher than working on single family
Because the rules can and do change- just because the CC&Rs or rules and regs says A today, doesn't mean people won't vote in B
Because its only a matter of time before special assessment and increased HOA dues show up
Because you may not be able to rent it out if owner occupancy levels drop and the board decides they have to approve all new renters
Every condo is a ticking time bomb - nearly every HOA is underfunded over the long term. Whether it's five years or five decades, a moment of reckoning will come in terms of capital needs, and the owners at that time will be left holding the bag.