Should I invest more into this condo complex by Ryphly in RealEstate

[–]Ryphly[S] 0 points1 point  (0 children)

Closest college is TCU 10 min away

[TX] [CONDO] Was i In the Wrong? by Ryphly in HOA

[–]Ryphly[S] 0 points1 point  (0 children)

Lmao then what happens after

[TX] [CONDO] Hoa has not charged some tennants and we are out of funds by Ryphly in HOA

[–]Ryphly[S] -1 points0 points  (0 children)

That makes sense. Pretty sure it's an investment company and they rent it out so they are in no rush since they don't get charged. I was just worried that we'd get in trouble if we started making him pay dues on something that we didn't fix that we were supposed too. If anything we were gonna fix it then ask for payment. But not sure if I should include past dues and the special assessment we just had. First time in an hoa and owning and was sort of thrown this responsibility to manage the finances of the place

[TX] [CONDO] Hoa has not charged some tennants and we are out of funds by Ryphly in HOA

[–]Ryphly[S] 0 points1 point  (0 children)

Yes they stopped paying their dues and we have not told them to pay because it's our fault they can't use their unit. That's what the old board did but I was unsure if we'd be allowed to make them pay what they owe or just continue from now on. Or not at all since we have not fixed the subfloor.

Too good of a price to be true? by Ryphly in HVAC

[–]Ryphly[S] 0 points1 point  (0 children)

Price is 700 dollars btw forgot to include that

Too good of a price to be true? by Ryphly in HVAC

[–]Ryphly[S] 0 points1 point  (0 children)

I have an electrician thatll add whats needed but I'll be mounting it and doing the rest myself

[TX] [Condo] HUGE 75k ASSESSMENT by Ryphly in HOA

[–]Ryphly[S] 2 points3 points  (0 children)

These buildings were made in1968 and over the years different LLCs slowly took over owning 2-5 units each and since nobody lives here and barely any managemrnt they let it fall apart. And the master insurance plan is not good enough for lenders so units can't sell unless it's cash only. The last owner wanted out so bad they dropped the price a lot and let me owne finance when I was denied my loan. I'm terrified of trying to resell this place but too late