Well, it’s your responsibility to have valid address on file.
Thanks Wayne, I’m sure I speak for Nick when I say “you’ve been real helpful.‘’
Nick, I deal with some horrible HOA here in Vegas but that's a new one on me, $2,000 seems high for such a short period of time. You would have had to move out, you find renters, the Hoa would have had to figure out there were renters not family members or yourself living there, and then send you 2 warnings. Probably a month apart. So $2,000 for a few months seems high. Even retroactively it seems high.
It’s too bad your renters didn’t tell you when they received a certified letter saying the Hoa was trying to get ahold of you about a violation which I assume they would have as all fine notices I’ve received have come certified mail. I would say your best bet is to attend the next Hoa meeting, ask them how they tried to contact you, and then ask for a “reasonable” $50-$100/month fine. Maybe read over the Hoa cc&rs you received when you bought the place for what you’re supposed to do and what they can fine you for not doing it.
Can I ask which HOA and maybe as importantly which management company?
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you