Quote:
Originally Posted by Rich
Condo association fees are hard to compare.
Consider all the variables that can affect them:
Capital reserves fee (is yours properly funded?)
|
So, how does one know if the reserves are properly funded?
Do you know of a formula or a good website to help evaluate?
I own in a ski area HOA which has a long term capital study completed however, given the current need for roads, roofs, etc. there isn't much hope to "put away" much more on an annual basis.
Interested in any insight.