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      10-17-2019, 01:37 PM   #215
kscarrol
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Drives: 2021 X3 M40i, 1974 2002 Tii
Join Date: Jun 2010
Location: Greenville, SC

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Quote:
Originally Posted by Run Silent View Post
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.
I assume the $350 per month is not just a pure HAO fee but includes all fees associated with a condo such as insurance, maintenance etc.
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2021 X3 M40i
1974 2002tii, Inka, 5 sp manual
BMWCCA # 327475
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