Quote:
Originally Posted by Kelse92
I put myself on the HOA board, keeps me out of trouble and in some control of where my $350/mo is getting spent around the property  |
A month? A freaking month?
I only have 1 home with an HOA. It is a lovely community.
The HOA fees are $250. Per year.
I cannot fathom spending over
$4,200 in HOA expenses each year. That is just mind blowing. All that money gone, down the toilet. Hmm...wonder how much that compounds to....I am 42. Gonna retire at 65. Assuming a reasonable RoR based on an S&P500 index fund of 7.9%
$296,489.34
The HOA is taking nearly a third of a million dollars from you over the course of 23 years.
Uh...that's a no for me, dog.