Paying Attention

I am no longer surprised by people not paying attention to what is going on with their investment in the building. I liked serving on boards with reasonable people who increased the value of our investment. I didn’t like serving on boards with people who did not have the best interests of the building at heart.

Everyone wants to believe things are going great and all they need to do is show up once a year, ask a few questions, and congratulate the board on the wonderful job they are doing.

This year we found out we are still $320,000 in debt, spent $90,000 more than we brought in, and Marty’s board can’t figure out how to deal with the potential liability we all have because Dino uses his daughters, wife, and mother to do his job. At least in our building. I don’t know if he uses them in the other jobs he works.

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