Condo Assessments and that Reserve Study

click here: Leave a text, tell us what you likedDon't buy a condo before listening to this podcast.  If you buy that perfect condo without diving into reserve study and assessments, you could find yourself in big trouble.  Many people have walked away from their condos because very large assessments have been required to complete deferred maintenance on their properties.  The large condo complex that collapsed in Florida is a great example of a building that was falling apart and the HOA did not manage the property by accruing funds every month for eventual maintenance.  The result, the building was destroyed and people died.Learn more about what you should do before you sign up to buy your condo.  Connect With Us:🌎 Website: RetireCoast.com📩 Email: [email protected]🌎 Website Starting a Business After Retirement📱 Follow us on Social Media: Facebook |🎙 Subscribe to Our Podcast: Apple Podcasts | Spotify | IHeart | RetireCoast Podcast 🎧 Enjoyed this episode? Don’t forget to rate, review, and subscribe to stay updated on all things Finance, Real Estate, Lifestyle, Retirement, and the Mississippi Gulf Coast.Support the show🎙️ Enjoyed This Episode?Subscribe to the RetireCoast Podcast for practical conversations about retirement planning, financial preparedness, estate planning, entrepreneurship, and life on the Mississippi Gulf Coast.👉 Visit RetireCoast.com for in-depth articles, calculators, decision tools, checklists, and guides that expand on the topics we cover in each episode.📋 Looking for more advanced planning resources?Explore our membership programs:• Estate Planning Membership — Build and organize your legacy with decision tools, trust planning resources, trustee selection guidance, emergency preparedness documents, and more.• Business Builder Membership — Access tools and resources designed to help entrepreneurs, retirees, side-hustlers, and small business owners start, manage, and grow a successful business.• All Access Membership — Receive complete access to both memberships and our entire premium planning library.Learn more at:https://retirecoast.com/estate-planning-membership/https://retirecoast.com/business-builder-membership/https://retirecoast.com/all-access-membership/💬 Have a question or a topic you'd like us to cover?Email: [email protected]...