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Succession planning....
Last year two of us in our condo board lobbied hard to get rid of our management co.
as we were in an in trust agreement with them plus they did not do a great job. We were looking for a regular relationship that is not in trust. We interviewed three companies and selected one owner who had the most experience(30 years) but happened to be the oldest - about 70 round about my age. He has been managing us since last September. A week ago he died of a heart attack. Tonight is the first board meeting without him. The accountant is going to be at the meeting instead. Unfortunately he was a smoker. Much like my father I could smell cigarette smoke on him three feet away. We have a retired nurse who lives on the end of the block. I asked her if she went for yearly medicals. She answered no. Do you take your blood pressure. Answered no. What have I learned from this? Get a regular medical. People like bus. partners, lawyers that you do business with ideally should be medically fit. Life goes on if you look after yourself..... |
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02-10-2016, 05:38 AM
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(the shotguns)
Join Date: Feb 2006
Location: Maryland
Posts: 21,688
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your HOA asked for this to happen. responsibility is entirely on the HOA's shoulders.
don't blame a guy who made it into his 70's for dying.
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***************************************** Well i had #6 adjusted perfectly but then just before i tightened it a butterfly in Zimbabwe farted and now i have to start all over again! I believe we all make mistakes but I will not validate your poor choices and/or perversions and subsidize the results your actions. |
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02-10-2016, 05:49 AM
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Quote:
I missed it. When I read the title I thought it was a cautionary story about always having a plan B. The last line seemed to be about keeping yourself healthy. But what do I know.
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02-10-2016, 06:00 AM
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Lexus RX350
