StreetEasy Discussions
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Normal Reserve Amount
Updated over 16 years agoCan anyone on this board suggest a good standard for the amount of cash a coop should keep in reserve? Is this something that can be expressed in a simple formula? ... -
Boards
Residents AFRAID OF BOARD PRESIDENT
Updated over 16 years agoOur Condo Board President is a HORROR!!! Residents are afraid not to vote for him. The residents and the staff are terrified of him. There is retribution against... -
Boards
What are most important elements for fairly low key co-op board that doesn't have any specific board requirements in terms of cash flow, etc? Some credit card debt ok if have very good credit, have enough liquid assets for over a year of mortgage/mtnce payments and have substantial 401K, etc?
Updated over 16 years agoDoes it really vary by board if there are no publishes requirements or does that mean as long as you get the mortgage approval and you're nice people, you should be ok? -
Boards
leasing a condo
Updated over 16 years agowhen renting a condo from an owner, what is the process prospective leasee has to go thru? other than credit checks, is there a right of first refusal? and can the... -
Boards
Co-op Board Application
Updated over 16 years agoI located an apartment that I submitted a bid on. The broker is from out of town and I do not have (nor was interested in) a buyer's broker. I reviewed the co-op's... -
Boards
Coop Bylaws and Financials, Due Diligence and Auction Properties
Updated over 16 years agoI apologize if many of these topics have been covered in other scattered discussions, but I thought it might make sense to bring them altogether in one topic. I’m... -
Boards
How are Condo Board members chosen & are they compensated?
Updated over 16 years agoI'm just curious how this process works, does anyone have any insight? Thanks,