The Uncommon Area

The Uncommon Area


Are HOA Repair Projects Doomed for Failure? Financial Strategies and Opportunities

June 07, 2024

















In this episode, Matthew Holbrook sits down with Dirk Petchul of Whitney | Petchul to unpack the intricacies of modern HOA repair projects.


Key Topics Discussed

Aging Infrastructure: Understanding the increasing frequency of repair projects due to the aging infrastructure of many communities. The Balcony Bill: An overview of the legislation prompted by the tragic balcony collapse in Berkeley, mandating inspections and safety reports.


Financial Strategies: How to manage the financial aspects of major repair projects, including special assessments and loans.


Emotional and Political Realities: Navigating the social dynamics, emotions, and politics that accompany these large-scale projects.


Effective Communication: The importance of storytelling and transparent communication in achieving community buy-in and successful project outcomes.


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The post Are HOA Repair Projects Doomed for Failure? Financial Strategies and Opportunities appeared first on Action Property Management.