Updated almost 7 years ago on . Most recent reply
Taking over dysfunctional condo association/condo? Need help
So My brother owns a condo in MA and the condo association is very dysfunctional and honestly there is only one old man running as the president and he is really sick and nothing has been done. Condo fee is about $180 a month with 13 units total and it's self managed. However, the association hasn't done anything to take care of the building and common area, washer and dryers are broken and no one cares. So as an investor, I would like some advice from you all on how to step in and take over this opportunity? My knowledge in condo is very minimal compared to SFH. Any advice would be greatly appreciated!