|Re: Guest room fees||<– Date –> <– Thread –>|
|From: Eris Weaver (eriserisweaver.info)|
|Date: Thu, 18 Dec 2014 15:12:27 -0800 (PST)|
> Question - Do you have any other source of revenue for your community other than > your HoA dues? How much are your HoA dues per month? Our monthly dues range from about $250 to $350 depending upon the size of the unit and whether you have a carport. We have an additional source of revenue - one of our buildings is mixed-use, with commercial on the ground floor and eight residential units above. We have a separate legal entity, Cotati Gateway LLC, wholly owned by the HOA, which owns the commercial enterprise. Cotati Gateway contributes a chunk of its profits to the HOA...which is taxed. Having this revenue stream allows us to do more stuff with lower HOA dues! It's not ALL rainbows and unicorns, though...there is some financial risk. We have had empty units since the recession although that is looking up. And mixing some kinds of commercial enterprises (pizza parlor, bakery, beauty parlor = smells; healing center = noise (drumming & chanting)) with residents in the same building has its challenges. ------------------------------ Eris Weaver, Graphic Facilitator & Group Process Consultant eris [at] erisweaver.info . 707-338-8589 . http://www.erisweaver.info "There's not much in this world that can't be improved by either chocolate, bacon or glitter."
- Re: Guest room fees, (continued)
- Re: Guest room fees Catya Belfer, December 17 2014
- Re: Guest room fees Jude Foster, December 18 2014
Re: Guest room fees Eris Weaver, December 18 2014
- Re: Guest room fees Ann Zabaldo, December 18 2014
- Re: Guest room fees Sharon Villines, December 18 2014
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