Condo Challenges: How to Raise Money for Building Projects
Manage episode 347208609 series 3397088
To meet the high cost of maintaining condo properties, boards often have to make the hard choice between borrowing money or imposing assessments on unit-owners. Either way, there are decisions of fairness to consider and important operational details to work out. In this episode, Mohammed Salyani, a principal at the accounting firm WilkinGuttenplan, explains the ramifications of various options. Mohammed Salyani is interviewed by Carol Ott for Habitat Magazine.
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