As a property owner in a community that has Home Owners Association covenants and legal restrictions that have 3 options 1) participate actively in the management, 2) Attend meetings and have an understanding of what is happening, 3) Do nothing and pay the consequences of ignorance.

 • Recognize your property and take control of your property. There may be restrictions that do not agree with some make no sense. The only way to change is to be a participant active in the process. The vote takes place only on items that appear on the monthly agenda and board members of the management company to establish the order of day.

 • annual election of new board members. In the covenants is how many members of the board and for how long council members may help. In most communities are limited to 2 or 3 successive quarters with half or one third of the Board changing each year. Some areas allow members of the same board to be reelected continuously with the changing (these are small kingdoms where problems are most apparent).

 • Committees are another way to make your voice heard. The council is not always easy to be elected can be found in the process is similar to a politician in other elections premises are asking homeowners to participate. HOA are always in need of committee members and leaders to help spread the work, with amenities such as swimming pool, tennis courts, playgrounds, common areas, and all social functions of these committees and committee leaders need. These are good places to get your foot in the door so that their voices are heard and listened to with respect to how the community operates.

 • Management companies can be the most useful and helpful for HOA's. The better experienced in all areas of land, construction, and management services and direct assistance inexperienced part-time Board informed decisions. When is an experienced management company or manager of a small person the problems that can get out of hand very quickly. In general, contractors do not have the support and are not available when you really need them. Smaller operations also no accounting department full time to keep the law books that can be dangerous if the board is to monitor the funds.

 • Foreclosures have been on hand in some communities. Non-payment of dues or fees has been the number one reason for foreclosures condo and townhouse communities across the country. Families who have lost properties over $ 600.00 in payments, the real problem is $ 15,000 in added fees management companies a lawyers are allowed to tack on pushing the property in foreclosure. I interview many business management and found that when they refer to their lawyers how to accelerate the collection process of foreclosure show them the door. These are the people who do not want in anywhere near their community. That because of the tactics they use will lower the values of each individual property and are not beneficial to the homeowner or the Association Owners.

Be active in your community to protect their property and the family of unscrupulous management companies, HOA board members, lawyers and Investors who have their own agenda when it comes to your property.

Bill Carey a Broker/Investor/Builder. His over 30 years experience in Real Estate Sales, Investments and Construction offers a unique perspective to the processes of Investment Grade Real Estate. Bill and his family own resort rentals and hold a number of Off-Campus student rental properties in southern states. This started when our oldest daughter went away to school at the University of South Carolina in Columbia, SC. The Carey family continues to buy and successfully rents student rental properties

How to Save $50,000 plus on your Childs College Education. 9 Steps to In-State Tuition. Student Rentals Real Money Makers. Check out the 9 part e-course on “How to Buy Your Student Rental Property”

Contact Bill by email at Info@CollegeTowneProperties.com or visit our website http://www.CollegeTowneProperties.com

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