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RockHockey t1_jdwibei wrote

My 24 Unit building pays $50 per month, Per Unit...

So yeah you're getting hosed.

Most small buildings are self-managed. The condo fee covers Master Insurance, Water, Snow Plowing, etc. and then they do an assessment for any project that is needed. My friend 3 unit building condo fee is $220, and they alternate who is in charge of the bills.

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Caraless_While22 OP t1_jdwk7zu wrote

Yes, I completely agree with a larger building you need a property manager. Considering we have no amenities, it seems like it's easiest to come together and assign the few tasks to each unit (water/sewer, Insurance).

To our HOA $500 is a lot and $1,500 is outrageous, but to the property manager $500 is nothing for the headaches that could come from it.

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AboyNamedBort t1_jdxb3rl wrote

That property manager is a thief. Its probably like 30 minutes of work a week, tops. Don't pay because a building of that size obviously does not need a property manager.

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