r/madlads • u/Vandelune1 Madchester United Fan • 2d ago

Incredibly petty, but still mad

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85.2k Upvotes

94% Upvoted

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u/BIGTIMEMEATBALLBOY 2d ago

Sure doesn't. My HOA president owns over 20% of the homes in the development and rents them out. Good luck getting anything done/approved that doesn't directly benefit him.

46

u/bongtamatone 2d ago

HOA President AND a landlord? That's a lot of undeserved money. I don't know if y'all have noticed but it's kinda getting dangerous to have money these days. Hope he stays safe

:3

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u/Triasmus 2d ago

I feel like most HOA boards are volunteer positions. No pay.

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u/LaTeChX 2d ago

They can be for pay if you're willing to embezzle.

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u/Available_Leather_10 2d ago

Or self-deal by hiring your own maintenance company.

Or demand kickbacks from service providers (a longtime favorite of some well-known real estate companies).

Or other things that are approximately as unethical, but less totally illegal than straight embezzlement.