DanT1 (California)
Posts: 1
Posts: 1
Posted:
I am a member of an HOA in Fremont, CA and over the years I have felt that the property management company that we are using is doing a poor job. Each year HOA rates continue to rise and we are now paying nearly 300.00 per month for our condos. During this down economy I know that many companies have re-negotiated contracts and lowered costs while for some reason our property management company always finds ways to raise costs and our board members seem to always approve them. Being someone who grew up in a family of contractors, I can know bad work when I see it and currently we are having our units painted and its terrible. I guess it my fault for not getting on the board but I plan to change that next election period.
A specific example is a special assessment we had last year of 7k to replace our decks. I contacted a contractor and got a bid to do my deck and his price came in at 2k. How is that possible?
My questions are simple. Isn't an HOA for they people and by the people of the particular community? Well, I can tell you that our property management company makes it feel like they own the place. That is not right. Our budgets also do look kind of shady.
I want to know if anyone has every replaced their property management company and what the process was like.
A specific example is a special assessment we had last year of 7k to replace our decks. I contacted a contractor and got a bid to do my deck and his price came in at 2k. How is that possible?
My questions are simple. Isn't an HOA for they people and by the people of the particular community? Well, I can tell you that our property management company makes it feel like they own the place. That is not right. Our budgets also do look kind of shady.
I want to know if anyone has every replaced their property management company and what the process was like.