HOA and other fun stuff

My townhouse home owners association held its annual meeting last night. Five of 10 owners bothered to show up and only 7 of 10 bothered to vote for the board of directors. Well, that is better then voting in Los Angeles County. We had to raise the HOA fees another $30 a month per unit. The extra money is needed to pay for the increases in insurance cost, its expensive to insure a building in California, and to put additional money into the reserves. For the past two years we have been putting more money into the reserves, but we are under funded due to bad decisions made by prior board members and management companies. No one likes HOA increases, so prior boards started to cut back on the funding of the reserves, which works in the short term but make it worse in the long run. So now we have to pay more money to add money to the reserves as well as special assessments for the work that needs to be done. It will be an expensive two years due to the scheduled maintenance needed.

Class tonight, have to turn in an outline on the research paper, looking at negotiations. I'll be looking at the Munich Agreement of 1938 and how can/should a person or country negotiate when the other side has already made up its mind. That will be interesting. Also have to read a management book this weekend for my strategy class. No holiday for me, but class is over in 11 weeks.

There is news out there, but go look at Lucianne.com or WSJ and you can find all the interesting stories out there.

See you tomorrow.