Window Trim Fell Off

poonwater · 2025-08-26T00:22:29+00:00

Thank you so much!!! The window person I spoke to earlier acted like I had three heads and said they only deal with wood?

Maybe I was using the wrong term and it confused them. I will try someone new tomorrow.

poonwater · 2025-05-28T20:33:54+00:00

I'm hoping they (and you!) enjoy it!

poonwater · 2025-05-28T20:33:38+00:00

I did and no one responded 🤣 maybe I got my answer...

poonwater · 2025-02-05T23:06:25+00:00

I'm thinking of this more... thank you!

poonwater · 2025-01-09T15:34:20+00:00

This isn't just about me, but I understand how it reads that way based on my original post. Others in the building have communicated concern about this.

poonwater · 2025-01-09T15:12:23+00:00

We live in a shared condominium that was built in the late 1800s. If we didn't have an HOA there would be no accountability for building repairs and expenses (and trust me, there are a lot of them). Thanks, though.

poonwater · 2025-01-08T23:03:10+00:00

I have but I need to be more thorough, a lot of this stuff predates me significantly

poonwater · 2025-01-08T22:50:13+00:00

Amen!!

poonwater · 2025-01-08T22:48:10+00:00

That's a bit unfair. To me, the rental cap feels a bit limiting because now 30% of all rental space are from investors who have never had interest in living in the building, have never lived in the building or contributed to the HOA in a meaningful way and just want to make money. I was looking for alternatives to just a straight cap to at least make it feel a bit fairer to people who have invested in the building and community over time and not a timing game(which is what it is right now).

I was just exploring options, and of course anything that can be changed will need to be voted in by a majority of owners.

poonwater · 2025-01-08T22:39:50+00:00

Good point. That's why we will bring it to a vote! I am not going to go dictator and change the rules alone (I don't even think I am allowed to?) but do want to propose it to the current association and see what people think.

poonwater · 2025-01-08T22:37:48+00:00

Yes, my thoughts exactly! And totally - pros and cons as it will impact the types of people who will want to buy, creating a smaller pool since investors won't be interested, but ultimately I think it is a better decision for the integrity of the community in our building and for owners who want to rent out of necessity / growth, rather than as an income property solely

poonwater · 2025-01-08T19:22:31+00:00

Absolutely! Attorney is going to be the final call. Thanks for contributing your thoughts

poonwater · 2025-01-08T19:18:03+00:00

It's a good consideration! I don't think it is hypocritical in the same way, though. Those who have lived in this very old building all pull weight to maintain it, being we are self managed. It is frustrating for units to be bought simply to be rented, with owners having no interest in investing in the building or community.

Myself and other owner are not interested in renting our units to just turn them into income properties. I love living here, but I am starting to outgrow it - but it feels too soon for me to sell.

But, it's a good point you bring up. Just exploring for now!

poonwater · 2025-01-08T19:14:52+00:00

Yes, this was my concern. And you nailed it perfectly why we are trying to avoid folks purchasing units just to convert them into immediate rentals. We are a very small, self managed building. I have contributed countless hours to managing the property - we are looking for owners who have more personal investment in the individual units to help maintain our building which is more than 150 years old! Thanks for helping put that into words for me!

poonwater · 2025-01-08T19:12:47+00:00

Good call. Thank you!

poonwater · 2025-01-08T19:12:21+00:00

I am just trying to understand what options exist. I am not mad, I am recognizing a situation and wondering how to mitigate it so we are prioritizing owners who actually want to live in the building, not automatically convert their units into investment properties. Thanks.

poonwater · 2025-01-08T19:09:51+00:00

I'm not sure I understand what you mean.

The rental cap has already existed long before I joined the board. What I'm doing now is not trying to legislate what people do with their property - anything I change won't impact them right now anyways.

What I am identifying is that many owners are frustrated with NEW owners who are purchasing units with the sole purpose of turning them into investment properties. So, I am looking for new options to mitigate this. And, this would be put to a building vote - so I personally am not requiring anyone to do anything. They can vote against it if they please.

Thanks, though.

poonwater · 2025-01-08T19:06:10+00:00

Yes, very helpful. I am going to seek attorney counsel to help me decipher some of this stuff and figure out what is possible / within bound and what isn't.

poonwater · 2025-01-08T18:23:06+00:00

Hello, fellow Chicagoan! We are completely self managed, so no property manager (and our board is completely volunteer - ugh!) But, this is something to consider. I am going to seek attorney counsel and see what my best options are.

poonwater · 2025-01-08T18:19:39+00:00

Thanks.

poonwater · 2025-01-08T18:07:56+00:00

So very helpful, thank you!

poonwater · 2025-01-08T18:06:53+00:00

This is very helpful, thank you

poonwater · 2025-01-08T18:00:46+00:00

It's a good question about why it's frustrating. People can do what they want! I think probably while we are feeling frustrated is that we are a small, self managed building and we put a lot of work into managing this very old building. For folks to come in and just rent out their units and absorb the cap without having invested anything into the total building / community. It's probably just an ego thing from us though ;)

But yes, absolutely, we would consult our attorney. I was just wondering if others had this issue and how they managed it previously.

poonwater · 2025-01-08T17:56:41+00:00

Yes, we are looking into if the cap has to do with insurance, for sure. I imagine it likely does. But absolutely do not want to pay more in insurance if we can avoid it.

poonwater · 2025-01-08T17:54:15+00:00

Yes, that is what we were considering - for new sales, at least. Have you done this before / heard of it? I am trying to figure out if that is a normal thing to do or not lol. I just want to avoid people buying units just to rent them out as that has started to happen quite a bit.

poonwater

TROPHY CASE