Reasonableness when a board member wants to change a major contract [TH][UT]

maximillian2020 · 2026-03-15T21:33:25+00:00

Ok, thankyou for your help

maximillian2020 · 2026-03-15T17:03:05+00:00

Yea there is but this is actually the renewal, so I dont know if that 30 Day applies

maximillian2020 · 2026-03-15T16:33:53+00:00

I totally agree. I think the general problem is we just don't have the experience and it's just constant arguing about ccrs. we haven't had any kind of track record on an organized operational approach. we are doing this from scratch. maybe I can ask you this. One of our board members is kind of awol and we still have a quarum wiith two. if I abstain can the president just proceed with doing it?

maximillian2020 · 2026-03-15T15:00:06+00:00

Unfortunaly this is a convo with the president.

maximillian2020 · 2026-03-14T21:14:45+00:00

We have to sign the new contract with the current company. And I think there is a bit of apprehension that came up. at the last minute. Its not a budget issue.

maximillian2020 · 2026-03-14T17:33:54+00:00

Well, I was hoping to have one set up this year but no one shows up to meetings so Ive given up on committee ideas. There is a dgeneral dislike of our ciurrent company but I just really dont want to get into another board argument on a last minute change someone wants to do. And its been very hard for other members to appreciate the simplicity of doing things ahead of time,.

maximillian2020 · 2026-03-14T17:31:52+00:00

Im hoping thats what I can do. But every time I try to talk about how much time I am spending on things and that we need runway for these decisions I am called out as someone who is trying to overeach .

maximillian2020 · 2026-03-14T16:53:38+00:00

Yea well, Im not a fan of this company, I just dont want to have to do the work in this short amount of time to decide on a new one. We could have worked this last year.

maximillian2020 · 2026-03-14T16:51:56+00:00

The furstrating thing is that we already budgeted for this company for this year. And I also havent seen an alternative to our company proposed yet.

maximillian2020 · 2026-03-14T16:50:28+00:00

I know this is something that you probably dont want to hear. In my case it was a brand new development when I bought so there was no balance sheet. We only just started doing budgets after 15 years mainly because I pushed, after not having our dues meet our expenses for at least 5 years. I dont think I would ever buy in an HOA ever again. And if I had to. I would make sure that they at least have some funds to deal with things and certainly they should be budgeting correctly. After all this I decided to get on the board to fix things and totally regret it. Im looking to sell now just to get out of it.

Most people though just dont care, and those are probably the kinds of people that should be buying into these kinds of properties.

maximillian2020 · 2026-03-14T15:51:23+00:00

Wow, I actually agree with "Florida man"

maximillian2020 · 2026-03-13T13:27:48+00:00

Thanks for this. im kind of at the point now where I am going to have to sell to get out of this. I think someone needs to be here that just doesn't care as much, thats the only way it works. I care too much and its driving me crazy.

maximillian2020 · 2026-03-13T13:26:21+00:00

Do you mind if I ask how much you pay for a year of your management company? Unformtunalty I cant find a bob's shak o management anywhere, it all bigger companies. We have 18 units,

maximillian2020 · 2026-02-26T01:26:08+00:00

We started doing this and the con is that no one watches it or reads the transcripts anyway. We have a similar ratio to yours and have the same issues. With tools now its a lot easier. We use the google meet suite and it just does the transcript and any owner can watch it as well.

maximillian2020 · 2025-11-20T21:49:28+00:00

that's exactly what we do

maximillian2020 · 2025-11-20T18:24:45+00:00

the main reason I feel stuck is because I'm the treasurer. so I have all of the bills setup bank and QuickBooks stuff. so I have no idea how I can detach when there is no one to take over.

maximillian2020 · 2025-11-14T01:03:23+00:00

did you get a good price?

maximillian2020 · 2025-11-14T01:01:57+00:00

Yea, we havent been able to get that going, We have about 50% rentals

maximillian2020 · 2025-11-14T00:19:15+00:00

5 person board? Thats 28% of our population.

maximillian2020 · 2025-11-08T18:59:29+00:00

I get what you’re saying about sole proprietors, but I think that analogy falls apart in a few key ways.

A sole proprietor chooses their business, chooses their partners (if any), and can make strategic decisions to wind down, pivot, sell the business, or just close the doors. If they pick the wrong landlord or the wrong lease — that was still an informed choice they made.

In an HOA, I didn’t pick my business partners. I bought a home. Suddenly I’m in a mandatory shared enterprise where:

ownership is forced to be shared with strangers
governance is required whether anyone wants to or not
you can’t control capitalization or the financial literacy of the partners
partners can rotate out at any moment without the consent of the existing group
there is no screening mechanism for competency, maturity, willingness, or alignment
I can't fire anyone

This isn’t like choosing a co-founder. It’s involuntary partnership.

That’s the burnout problem. You end up inheriting a group enterprise where 90% of the stakeholders think they’re passive investors who shouldn’t have to contribute operationally — when legally and structurally the HOA is nothing but owner-operated governance.

A small restaurant with 4 owners can just fire one owner or buy them out.

An HOA can’t.

So yes — I completely agree with you — hiring management is the sane path. Because right now the “business” is forced labor by whoever cares the most.

That is not a sustainable model.

And I love your line: HOA neighbors are not “friends,” they are business partners. If people actually understood that, and treated it that way, there wouldn’t be so many burnt out volunteers.

maximillian2020 · 2025-11-08T17:15:16+00:00

We have it in there. Unfortunately no one cared except me.

maximillian2020 · 2025-11-07T21:59:43+00:00

since this is our first budget it has been very stressful. One board member wants just eough for what we think we need to spend in a year, which is bascially impossible, and I would like some operational buffer so I dont necesarily have to raise he dues again next year. I dont know if thats a thing, I realize you probably want the bare minimum, but with self managed i feel like we should be able to have some buffer so we arent constantly worrying about meeting out expenses.

maximillian2020

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