2007 - 2017: Worked with condo developers and investors where I learned about the gaps, the missing fiduciary needed to protect owners and buyers. During this time I also learned about reserve studies, the ONLY way to understand the financial health of a building and its HOA. The reserve study is essentially a building inspection and less than 30% of all buildings in America have completed these studies today. So how do you know the value of the condo you are purchasing?
2018 - 2022: Obtained broker license to understand what American real estate brokers are taught and not taught. Created 24 hours of condo education and ran a team of 15 brokers who only focused on condos, AFTER completing required condo education.
With aging & deteriorating condos, underfunded reserves, minimal industry knowledge, & inconsistent regulations, condo investing is becoming more of a risk each day.
Because we have no formal condo training available to date in America, along with limited and disjointed legislation from state to state, my goal is to use my 15+ years of condo industry experience to help educate and guide anyone interested in the condo industry; whether that’s a buyer, seller, real estate broker, investor, developer, home owner associations & their board members, or vendors who want to specialize in condos such as mortgage & insurance brokers, property managers, appraisers & inspectors, & even those marketing condos such as stagers, photographers & videographers.
2022 - PRESENT: Relocated from CO to FL because of new legislation SB-4D, which is needed across US, similar to what Canada and Malaysia has in place today. Focusing on educating condo buyers, owners and HOAs as consultant.
I also have a real estate broker level license in Colorado and Florida. I am working on setting up a non-profit and supporting Federal legislation. Also setting up a YouTube channel to get information out to general public as quickly and broadly as possible.
Currently have started releasing information on blog: cyacondos.com
LinkedIn:
Lori Greenly
OR
Cover Your Asset Condos
Instagram: @CYACONDOS
Facebook: Cover Your Asset
YouTube: https://www.youtube.com/channel/UC_vwsjm9LD-Spz3__pCFtlg?sub_confirmation=1
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