Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $25,907
31%  
Woo hoo!! And we're now over 31%!! Thank you all very much!! God bless.

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  • A Primer on the Miami Condominium Collapse

    06/27/2021 8:33:55 AM PDT · by TheWriterTX · 114 replies
    FreeRepublic | 6/27/2021 | TheWriterTX
    There is a lot of misinformation floating around FR on the Miami condominium collapse. As a high-rise condominium manager, this story hit home. So here is a quick primer to help people combat fake news.First, this is not an apartment complex. In an apartment complex, an investor or group of investors owns the building and everyone is a transient tenant. It is a for-profit business. If there are major repairs needed, landlords can raise the rents to cover repairs.This is a condominium. Each unit has a separate owner, they purchase it with a mortgage or cash. Every month, unit pay...