They Said There Were Predators at BLMH

First, let me say that what follows will be shocking.

Over the years, there have been those at BLMH who whispered about wrongdoings at BLMH. When I first began this blog, I received anonymous comments about how there "just had to be" financial wrongdoing at BLMH. That was the "only possible" explanation for our rising fees. "The place was mismanaged." I was also approached more than once by owners, who said that there was evidence of nefarious doings. I asked for proof. "The fees we are paying was proof" they said. There are stories on the internet and "THAT'S PROOF," they said.

I didn't jump on that bandwagon. Instead I looked at the facts. My refusal to bow to these arguments has ingratiated me to the nay sayers. "You're either with us or against us" seems to be their position. However, my independent review of the financials (not an audit) but an analysis of the costs of running this approximately 40 acre community, and of the status of our reserves in 2001 (which I reported on this blog as being "low"), and observing owners, who came to association meetings pressing for quick repairs to their perceived problems,  indicated that 1) attempting to satisfy belligerent owners is expensive, 2) prior to 1998 the boards simply hadn't collected sufficient funds, 3) in 2001our reserves were grossly inadequate, and 4) there were unreasonable expectations on the part of certain owners. That final comment based upon actual, informal interviews with owners in 2001 and observing specific owners in the period 2001 to the present.

However, the arguments about predatory practices and how we are, I suppose, being "victimized" by high fees has persisted to this very day.

I regret to say that I have uncovered proof that there are, indeed, predators among us, and in the next post, I will reveal the evidence that yes, there are "foxes in the proverbial henhouse" here at BLMH. Have I been wrong all of these years and will I really "name names?"


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