Out of State STR Investing -- HOA Proxy?
Katie MillerPro Member
General Manager, Publishing at BiggerPockets · Denver, CO · Member since 2017 · 459 posts · 642 votesOut of State STR Investing -- HOA Proxy?
Most Popular Reply
Honolulu, HI · Member since 2008 · 3k+ posts · 2k+ votes
2yAloha,
@Katie Miller, first of all, you should have a copy of your By-laws, Declaration, and House Rules. Read the section in the By-laws that details Membership meeting processes and requirements. The Membership meeting is completely different from the more frequent Board of Directors meeting, and also different from a Special Meeting that could be called. You need to be sure the BOD is following proper procedure for holding each type of meeting, providing proper notice of the meeting, and for tallying and recording the votes. Generally Members cannot participate in votes except at the annual Membership meeting, or at a Special Meeting called for a specific issue, such as amending the By-laws or other Governing Documents, or to authorize the Board to seek a loan or levy a Special Assessment against all of the Membership. Members CAN attend regular BOD meetings and participate to an extent, but are not able to vote and cannot be present for any "Executive Session", which is primarily limited to personnel matters, active vendor contract proposal or contract discussions, and Homeowner delinquencies. These regular BOD meetings is where the bulk of the actual "work" that affects the Membership of the HOA is done.
I am not intimately familiar with Florida HOA laws, but in most states you do receive a Proxy form that you can complete and return to the Managing Agent or Secretary of the BOD. This form will have options for naming the Board as a group; Board as a percentage; Quorum only; or you can Name any specific person to vote on your behalf at a specific meeting. Membership meetings are usually only once a year, and you should plan on attending if you do not have a trusted family member or friend that can attend for you, and do NOT want to support any of the current Board.
If you feel your Board is against investors, you need to make contact with other investors in the HOA and any other "friendlies" to develop a voting block to make an effort to change directions. Or, maybe, just get all of those investors to properly manage their HOA properties and Tenants. Many ARE absent slumlords that do not care about the rules and restrictions that they agreed to when they purchased. One bad apple....
Also, a prior poster was ranting about an HOA that was "fired". The HOA is a legal entity, made up of all of the unit Owners in the project. The BOD is made up entirely of Owners in the project. The BOD, based on the authority granted them in their HOA By-Laws, hires a Managing Agent to be the lawful point of contact and legal service for the Association. The Managing Agent works at the direction of the Board. The Board is responsible to see that the Managing Agent, and all vendors, staff, and other Board members follow all applicable laws, and follow proper practices and procedures. The Board can "fire" the Managing Agent, and, if the HOA has employees, they can fire them as well, but the HOA lives in perpetuity or until dissolved in a Court of Law. Board Members can only be removed by a vote of the Membership. Your Board of Directors is where the Buck Stops, and they should, and CAN, be held personally responsible if they are failing the Membership as a fiduciary.
Every HOA's Board is different, there are good ones, and there are terrible ones. Every Board Member has their own agenda, background, and ideas. By attending regular BOD meetings you can easily figure out who is pushing for an issue, and who is just blindly following the alpha dog. What they DO have in common, is the responsibility to maintain, protect, and preserve ALL of the common and limited common elements. If they are failing at that, they need to be voted out. As a fiduciary, they are also responsible for properly managing the finances of the HOA. The BOD sets the annual Budget, and approves the Reserve Funding Plan. If you do not understand these documents that should be sent to you annually, you NEED to, unless an "unexpected" Special Assessment or large increase in monthly fees would not impact your cash flow.
The problem with many HOA's is that the Board does not care enough to learn about their own Governing Docs or local laws. They erroneously believe since it is "their" HOA, they can do whatever they want. They are often motivated only to keep the monthly fees low, which they accomplish in the relatively short term by deferring maintenance on items they feel are less important, and by "saving money" using unlicensed and often poor quality vendors to make improper or inadequate repairs. This can go on for years, until that "unexpected" Special Assessment has to be made. Money for repairs and maintenance only comes from one place...the Owners pockets.
As to changing rules, sure, States and Cities can make changes to zoning and other aspects that can hinder a short term rental investor, but you need to start with your own HOA documents. They will also limit your use for the benefit of the entire project. The difference is, depending on your specific docs, in some HOA's the Board ALONE can make those changes. In others, they require a significant percentage of the entire membership to approve such a change. There is not much you can do about the State or City changing rules, but at least with the HOA, you can easily determine how difficult it would be for the existing HOA rules to be changed. A small HOA, of less than two dozen units, are more likely to be easy to change, vs. a 1000 unit HOA that requires 2/3 of the membership to approve a change.
https://www.caionline.org/pages/default.aspx is a great resource for HOA Owners and Boards, and they have chapters all across the country. Check to see if there is one near you/your HOA to learn how the HOA should be operating.
24 Replies
- Investor · Baltimore, MD · Member since 2008 · 17k+ posts · 13k+ votes2y
@Katie Miller I know I have sent proxies in for the board of directors to vote on my behalf. These forms have always been mailed to me in advance. i would assume you could duplicate the form and simply replace the "board of directors" with your own choice of proxy. Perhaps another investor but local in the area could be a proxy for you.
Many HOAs have trouble getting enough people to show up to form a quorum. So they may appreciate extra proxies. If it is an election meeting perhaps talking to the candidates will help show you care and wnat to be a responsible owner.
- Rock Star Extraordinaire · Northeast, TN · Member since 2015 · 10k+ posts · 16k+ votes2y
Quote from @Katie Miller:
Hello! Looking for advice from other out of state investors who self-manage their properties that are part of an HOA.
I'm new to whole process of investing with a property inside an HOA out of state and looking for insight as to how you send a proxy voter (the proxy is required in-person to vote) for HOA meetings. Do you a send a proxy every time? Do you hire someone random? Do you send your cleaner and pay them separately? If so, how do you compensate them? Do you ignore these votes?
Our HOA is becoming more and more investor UNFRIENDLY and I feel it's important to have a voice at this vote in particular. Even though there isn't anything jarring to my business on the docket per say, I want to show the HOA I'm making an effort to partake as a sign of good faith. An olive branch even.
Unless you think HOA's don't give a crap either way and my participation isn't a sign of good faith.
Curious what your take is or experience is with HOA proxy votes! Thanks!You generally don't need one except at the annual meeting or some special called meeting to change the charter or similar. I am on the HOA for my STR development and the only time owner participation is necessary or meaningful is at the election of board members and if we try to change the covenants, which requires a certain percentage of the ownership to vote. Otherwise it's unnecessary.
As far as who to send, it definitely needs to be someone who knows your feelings on issues and will vote the way you would like. If not it's counterproductive.
We do online meetings, which allows anyone to participate, except for the annual meeting which has to be in person. We get better attendance that way.
In what manner is your HOA becoming investor unfriendly?
Skyline Properties - 2yAmanda HanPro MemberAccountant · Fullerton, CA · Member since 2009 · 106 posts · 68 votes
For my LTRs, I have also sent in my vote by mail since they typically send it to me in advance. For things that I don't care about, just ignore it. I have also sent my mom (who happens to live there lol) for important in-person votes.
- 2yDarren SagerPro MemberInvestor · Tampa, FL · Member since 2013 · 2k+ posts · 1k+ votes
@Katie Miller we never invested in any property with an HOA. When we moved to Tampa, we specifically made sure we didn't even purchase our new primary home in one, or one with CDD fees (kinda like more fancy HOA fees that are tax deductible) for all the reasons you're having issues with. I will say that understanding them more since being here there are "pass thru HOA's" I'll call them, that only charge a few hundred a year. They're like a tiny dog barking. Those don't have the means to really enforce the bylaws and are usually lax in their rules allowing for short term rentals, etc, things us REI's can usually work with. Hope your situation gets resolved.
- 2yMichael BaumPro MemberOlympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
Hey @Katie Miller, how far are we talking to get to your place?
Personally I think it might be valuable to show up in person. Show them how much you care about the issues, being a good STR owner etc.
I am not saying sending a proxy is bad, but in person action always sends the right message in these instances.
- Investor · Tampa, FL · Member since 2016 · 679 posts · 288 votes2y
Hello Katie MIller with an HOA property in ? The idea for designating a Proxy to go to a meeting and "vote for you" is a JOKE. Do you have a problem with your HOA? Your vote with or without a Proxy to represent you is meaningless. Have you seen the Condo Towers in Miami Beach requiring up to two or three times the Condo fees and making Special Assessments for tens of thousands of dollars per member for all the new Insurance costs and Deferred Maintenance jobs like new roofs?I am having a problem with my HOA in Valrico, Florida. The old one was fired for Theft in December and the new one wants to paint the Community buildings when they were painted TWO YEARS AGO. They also demand changing the colors from dark beige to white walls, ruining the whole, warm feeling for a Floridian style Community. The Owners around me all say the buildings were painted two years ago and they do not want the colors changed. The HOA continues to go ahead with their contract to paint and wants me to do the research for documents which are not on the Portal to prove that there was a work order with checks and cancelled checks etc. to prove that painting was done two years ago. I paid to talk with an HOA Lawyer who is a Board member of his own HOA in Tampa and he showed me in my by-laws that the HOA is required to get me the requested documents. Another lawyer I have talked with before said that HOA's are more powerful than the Teacher's Union! So, your witnesses and your vote and your Proxy vote are meaningless with an HOA. STR's in Florida are being shut down with new City and County regulations when the complaints come pouring in with all the noise and no parking for ten SUV's on front lawns and the Police being called for big Game Day parties. STR in an HOA or Condo Association is even worse than buying a Townhome or Apartment or Single Family Home. At this point I am having to keep all Text messages etc. from the HOA to file a complaint in Tallahassee? It's like being in a Federal Prison and trying to demand your rights if you have a problem. Give up!
- 2yMichael BaumPro MemberOlympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
Hey @Michael Haynes, this is a non-sense post. Your issues with your HOA doesn't reflect or have anything to do with @Katie Miller's HOA.
Plus, paragraphs are your friends.
@Katie Miller, I stand by my recommendation that you attend in person if you can. - Member since 2019 · 54 posts · 9 votes2y
Hey Michael Baum. I can only give a picture of what is happening today in Florida. Your in WA and Katie Miller is in CO and does not mention where she has an HOA property. In Florida the HOA rules are City to City and there are County rules and a State rule. You have to do your own City specific research of the rules. My new HOA since January, is run by another group, since the first one was fired for Theft. I outlined the first major problem we are having with this Management Group that is causing us to Stress Out.If Katie Miller is an Absentee Owner and would like to authorize a Proxie, she has to know some other resident in her HOA to designate. That is a problem and I live in my Community. The thing that is good here at Summergate is that everybody minds their own business. I don't personally know any of the other Owners and would not bother them to attend a meeting in the pool as my Proxie. Enough said. I don't make paragraphs because the program for messages does not work like that. Has to be all just one message. Got it?
- Member since 2019 · 54 posts · 9 votes2y
Hello Katie Miller in CO. I just saw on YouTube that New York has banned Airbnb STR's. The rules are changing all over, for different reasons. My oldest RE friend turned their deceased parents 2/1 on Tampa Bay, in Safety Harbor, into an STR. It is next door to their two story, 3/2 with a pool. That makes it easy to manage. The rule in Safety Harbor is that you have to rent for 7 days. Bob and Vivian get $250 per day for a whole 7 day rental only to Older Adults with no Children. They can stay for one day or seven, but, pay in advance for the whole week. They have it pre-rented about nine months out of twelve. They had Airbnb until the fees increased and multiplied. Now, they are happy with VRBO. I point this out because it complicates matters if you are in a Condo or HOA, especially near the beaches. You have more rules to follow and little parking. There are some 2500 STR's and thousands more houses for sale in Austin, Texas because of the downturn in RE and the new rules. Single Family Homes usually don't make Money with the numbers at this time.
- 2yCliff H.Pro MemberRental Property Investor · Nashua, NH · Member since 2014 · 587 posts · 477 votes
@Katie Miller get your HOA to offer online meetings. If they won't listen to owners, run for the board and enact change from inside. I run one HOA and am a member of several others. Anything's possible if you're engaged and approaching from a win-win perspective.
- Honolulu, HI · Member since 2008 · 3k+ posts · 2k+ votes2y
Aloha,
@Katie Miller, first of all, you should have a copy of your By-laws, Declaration, and House Rules. Read the section in the By-laws that details Membership meeting processes and requirements. The Membership meeting is completely different from the more frequent Board of Directors meeting, and also different from a Special Meeting that could be called. You need to be sure the BOD is following proper procedure for holding each type of meeting, providing proper notice of the meeting, and for tallying and recording the votes. Generally Members cannot participate in votes except at the annual Membership meeting, or at a Special Meeting called for a specific issue, such as amending the By-laws or other Governing Documents, or to authorize the Board to seek a loan or levy a Special Assessment against all of the Membership. Members CAN attend regular BOD meetings and participate to an extent, but are not able to vote and cannot be present for any "Executive Session", which is primarily limited to personnel matters, active vendor contract proposal or contract discussions, and Homeowner delinquencies. These regular BOD meetings is where the bulk of the actual "work" that affects the Membership of the HOA is done.
I am not intimately familiar with Florida HOA laws, but in most states you do receive a Proxy form that you can complete and return to the Managing Agent or Secretary of the BOD. This form will have options for naming the Board as a group; Board as a percentage; Quorum only; or you can Name any specific person to vote on your behalf at a specific meeting. Membership meetings are usually only once a year, and you should plan on attending if you do not have a trusted family member or friend that can attend for you, and do NOT want to support any of the current Board.
If you feel your Board is against investors, you need to make contact with other investors in the HOA and any other "friendlies" to develop a voting block to make an effort to change directions. Or, maybe, just get all of those investors to properly manage their HOA properties and Tenants. Many ARE absent slumlords that do not care about the rules and restrictions that they agreed to when they purchased. One bad apple....
Also, a prior poster was ranting about an HOA that was "fired". The HOA is a legal entity, made up of all of the unit Owners in the project. The BOD is made up entirely of Owners in the project. The BOD, based on the authority granted them in their HOA By-Laws, hires a Managing Agent to be the lawful point of contact and legal service for the Association. The Managing Agent works at the direction of the Board. The Board is responsible to see that the Managing Agent, and all vendors, staff, and other Board members follow all applicable laws, and follow proper practices and procedures. The Board can "fire" the Managing Agent, and, if the HOA has employees, they can fire them as well, but the HOA lives in perpetuity or until dissolved in a Court of Law. Board Members can only be removed by a vote of the Membership. Your Board of Directors is where the Buck Stops, and they should, and CAN, be held personally responsible if they are failing the Membership as a fiduciary.
Every HOA's Board is different, there are good ones, and there are terrible ones. Every Board Member has their own agenda, background, and ideas. By attending regular BOD meetings you can easily figure out who is pushing for an issue, and who is just blindly following the alpha dog. What they DO have in common, is the responsibility to maintain, protect, and preserve ALL of the common and limited common elements. If they are failing at that, they need to be voted out. As a fiduciary, they are also responsible for properly managing the finances of the HOA. The BOD sets the annual Budget, and approves the Reserve Funding Plan. If you do not understand these documents that should be sent to you annually, you NEED to, unless an "unexpected" Special Assessment or large increase in monthly fees would not impact your cash flow.
The problem with many HOA's is that the Board does not care enough to learn about their own Governing Docs or local laws. They erroneously believe since it is "their" HOA, they can do whatever they want. They are often motivated only to keep the monthly fees low, which they accomplish in the relatively short term by deferring maintenance on items they feel are less important, and by "saving money" using unlicensed and often poor quality vendors to make improper or inadequate repairs. This can go on for years, until that "unexpected" Special Assessment has to be made. Money for repairs and maintenance only comes from one place...the Owners pockets.
As to changing rules, sure, States and Cities can make changes to zoning and other aspects that can hinder a short term rental investor, but you need to start with your own HOA documents. They will also limit your use for the benefit of the entire project. The difference is, depending on your specific docs, in some HOA's the Board ALONE can make those changes. In others, they require a significant percentage of the entire membership to approve such a change. There is not much you can do about the State or City changing rules, but at least with the HOA, you can easily determine how difficult it would be for the existing HOA rules to be changed. A small HOA, of less than two dozen units, are more likely to be easy to change, vs. a 1000 unit HOA that requires 2/3 of the membership to approve a change.
https://www.caionline.org/pages/default.aspx is a great resource for HOA Owners and Boards, and they have chapters all across the country. Check to see if there is one near you/your HOA to learn how the HOA should be operating. - 2yMichael BaumPro MemberOlympia, WA · Member since 2016 · 8k+ posts · 7k+ votesWell I have no problem using paragraphs on this forum so I have no idea what you are talking about.
Quote from @Michael Haynes:
Hey Michael Baum. I can only give a picture of what is happening today in Florida. Your in WA and Katie Miller is in CO and does not mention where she has an HOA property. In Florida the HOA rules are City to City and there are County rules and a State rule. You have to do your own City specific research of the rules. My new HOA since January, is run by another group, since the first one was fired for Theft. I outlined the first major problem we are having with this Management Group that is causing us to Stress Out.If Katie Miller is an Absentee Owner and would like to authorize a Proxie, she has to know some other resident in her HOA to designate. That is a problem and I live in my Community. The thing that is good here at Summergate is that everybody minds their own business. I don't personally know any of the other Owners and would not bother them to attend a meeting in the pool as my Proxie. Enough said. I don't make paragraphs because the program for messages does not work like that. Has to be all just one message. Got it?
What you are talking about is what is happening to YOU in FL. One single person's experience isn't indicative of all condo owners in FL. - Member since 2019 · 54 posts · 9 votes2y
Hello Michael Baum in WA. We are getting off the subject. Katie Miller asked how an Absentee Owner of an HOA property can send a proxy voter for HOA meetings. I am paid all Cash for my Townhome with an HOA and my experience is that if you are not painting the buildings or fixing the pool or replacing the roof or some major maintenance project, then it does not matter if you attend the monthly meetings. How to find someone who lives in your HOA when you don't live there? Do you see my point? You don't know anyone to ask to be your Proxy. The nice thing about my small gated Community is that I don't have to know or talk to anyone as long as the Status Quo remains the same. Get it? That's all.
- 2yMichael BaumPro MemberOlympia, WA · Member since 2016 · 8k+ posts · 7k+ votes
I am not sure anyone gets what you are saying.
- Rock Star Extraordinaire · Northeast, TN · Member since 2015 · 10k+ posts · 16k+ votes2y
Quote from @Michael Haynes:
Hello Michael Baum in WA. We are getting off the subject. Katie Miller asked how an Absentee Owner of an HOA property can send a proxy voter for HOA meetings. I am paid all Cash for my Townhome with an HOA and my experience is that if you are not painting the buildings or fixing the pool or replacing the roof or some major maintenance project, then it does not matter if you attend the monthly meetings. How to find someone who lives in your HOA when you don't live there? Do you see my point? You don't know anyone to ask to be your Proxy. The nice thing about my small gated Community is that I don't have to know or talk to anyone as long as the Status Quo remains the same. Get it? That's all.
I have a home in FL with an HOA. Your proxy doesn't have to live in the community at all. They are just a person you give legal permission to represent your status as an owner in the HOA for purposes of voting when required, ie board elections, changes to bylaws, etc. Most HOAs in Florida use management companies (which is what I assume you're talking about when you say they were "fired" for theft, not the actual HOA board) and they will have a form that you fill out for your proxy.
As for whether or not it matters if you go to the HOA meeting and/or vote, that depends on your HOA. Some HOAs have very active members and it makes a world of difference. Others have mostly absentee owners or owners who don't care one way or the other, and the system runs on inertia. My HOA was an inertia system but we (I am on the HOA board) have been flipping the script over the last year because I don't accept inertia and I have a lot of money invested in my property.
Bottom line with an HOA - if you don't like what's going on, there's almost always a way to change it. You can become a Board member. You can collect signatures and petition the Board. In my HOA if you can get enough owner signatures (50% + 1 of actual owners) you can change the covenants without any kind of vote. What I've found being both a member and a board member of an HOA is that most people love to ***** and complain but hate to get off their rear ends and do anything about it.
Skyline Properties - Residential Real Estate Broker · Sedona, AZ · Member since 2017 · 751 posts · 504 votes2yThat's got to be frustrating, owning in a state where those changes after your purchase negatively impact you. I'm happy to say that in Arizona (according to an AZ Superior Court ruling last year), if CC&R's change after you purchase, that negatively impact your reason for purchasing (Such as operating a STR), your rights are grandfathered in.
Quote from @Katie Miller:
Hello! Looking for advice from other out of state investors who self-manage their properties that are part of an HOA.
I'm new to whole process of investing with a property inside an HOA out of state and looking for insight as to how you send a proxy voter (the proxy is required in-person to vote) for HOA meetings. Do you a send a proxy every time? Do you hire someone random? Do you send your cleaner and pay them separately? If so, how do you compensate them? Do you ignore these votes?
Our HOA is becoming more and more investor UNFRIENDLY and I feel it's important to have a voice at this vote in particular. Even though there isn't anything jarring to my business on the docket per say, I want to show the HOA I'm making an effort to partake as a sign of good faith. An olive branch even.
Unless you think HOA's don't give a crap either way and my participation isn't a sign of good faith.
Curious what your take is or experience is with HOA proxy votes! Thanks!
Granted, this doesn't help you in CO. - General Manager, Publishing at BiggerPockets · Denver, CO · Member since 2017 · 459 posts · 642 votes2y
Quote from @Michael Baum:
Hey @Katie Miller, how far are we talking to get to your place?
Personally I think it might be valuable to show up in person. Show them how much you care about the issues, being a good STR owner etc.
I am not saying sending a proxy is bad, but in person action always sends the right message in these instances.
Unfortunately we live in Denver and the property is in Florida; so not a feasible/easy trip!
- 2yMichael BaumPro MemberOlympia, WA · Member since 2016 · 8k+ posts · 7k+ votesI hear ya, but let me put it this way. If there were hundreds of thousands of dollars on the line, would you travel then?
Quote from @Katie Miller:
Quote from @Michael Baum:
Hey @Katie Miller, how far are we talking to get to your place?
Personally I think it might be valuable to show up in person. Show them how much you care about the issues, being a good STR owner etc.
I am not saying sending a proxy is bad, but in person action always sends the right message in these instances.
Unfortunately we live in Denver and the property is in Florida; so not a feasible/easy trip!
Personally that is how I look at it. You have a property that it's STR use is in jeopardy. Do you have a plan if they decide to ban STRs? What will it cost you? - Rock Star Extraordinaire · Northeast, TN · Member since 2015 · 10k+ posts · 16k+ votes2y
Quote from @Katie Miller:
Quote from @Michael Baum:
Hey @Katie Miller, how far are we talking to get to your place?
Personally I think it might be valuable to show up in person. Show them how much you care about the issues, being a good STR owner etc.
I am not saying sending a proxy is bad, but in person action always sends the right message in these instances.
Unfortunately we live in Denver and the property is in Florida; so not a feasible/easy trip!
Where in Florida and when is the meeting?
Skyline Properties - 2yDale Robert MasonPro MemberInvestor · Member since 2022 · 10 posts · 11 votes
Quote from @Katie Miller:
Unfortunately we live in Denver and the property is in Florida; so not a feasible/easy trip!
Hello Katie:
Does the community already consist of mostly investors who rent or homeowners who occupy the property? That may determine which way the issue of permitting STR goes. If there are already a lot of investors, it's much easier to preserve your rights because you will have many allies.
As a long-distance member, unfortunately, it may be very difficult for you to impact the changes taking place in your association.
Proxies are typically not people. As mentioned earlier, proxies are usually a document you sign and mail in that are used to establish a quorum at a members meeting, which is usually just the annual meeting where elections are held.Also, At a regular board of directors meeting, which may be held monthly or less frequently, homeowners may or may not be permitted to speak. Board meetings are for the board to conduct business and they don't always allow members to comment or participate. Further, many associations don't permit non-members to attend. So using some sort of in-person representative to voice your opinions may not be possible at all.
Sorry for the negative take but this is a hard issue to tackle long-distance. - General Manager, Publishing at BiggerPockets · Denver, CO · Member since 2017 · 459 posts · 642 votes2y
Everyone! Thank you so much for the help. I learned a ton from you all: especially important to note is the fact that sending in a "proxy" doesn't mean I'm sending a person in my place. Who knew?!
THANK YOU!
Here's what we decided to do:
- Send in our proxy vote documentation early
- We are sending our cleaner as a 1x year in person to be at the annual meeting in our stead as a show of good faith and that we're interested owners
- If there is a vote on regulating STRs in the future, one of us will fly out to attend. This vote there is nothing specific to STR regulation so we're only sending our cleaner to the annual meeting - Rock Star Extraordinaire · Northeast, TN · Member since 2015 · 10k+ posts · 16k+ votes2y
Quote from @Katie Miller:
Everyone! Thank you so much for the help. I learned a ton from you all: especially important to note is the fact that sending in a "proxy" doesn't mean I'm sending a person in my place. Who knew?!
THANK YOU!
Here's what we decided to do:
- Send in our proxy vote documentation early
- We are sending our cleaner as a 1x year in person to be at the annual meeting in our stead as a show of good faith and that we're interested owners
- If there is a vote on regulating STRs in the future, one of us will fly out to attend. This vote there is nothing specific to STR regulation so we're only sending our cleaner to the annual meetingDepending on where it is in Florida and when the meeting is, I spend most of the winter there and I'm a board member on my own HOA.
Skyline Properties - General Manager, Publishing at BiggerPockets · Denver, CO · Member since 2017 · 459 posts · 642 votes2y
It's on the panhandle, between 30A and PCB! Where do you go in the winter?
- Rock Star Extraordinaire · Northeast, TN · Member since 2015 · 10k+ posts · 16k+ votes2yOk, that's pretty far from me - I'm south of Orlando in the Four Corners area. C'est la vie!
Quote from @Katie Miller:
It's on the panhandle, between 30A and PCB! Where do you go in the winter?
Skyline Properties
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