HOAs, Condos, and Co-ops: What You Need to Know About Taking Over Your Board w/ Tina Larsson

Would you let a stranger control your biggest asset? That's exactly what happens when you let your HOA make every decision without you. In this episode, Tina Larsson, aka New York's Condo Queen, shares how she saved her building $340,000 after the hostile takeover of her co-op's board — and ultimately turned her experience into a new career. You'll hear why your home needs to be run like a business, where most boards go wrong, and how you can get involved to protect your investment. Topics discussed: (00:00) Introduction (01:44) Tina's entrepreneurial roots (03:42) The hostile takeover (07:38) Turning her role into a new career (11:17) How she finds hidden savings (13:06) Building trust with resistant boards (18:01) Advice for buying into an HOA (20:18) What most boards get wrong (22:33) Her book, 𝘓𝘪𝘷𝘪𝘯𝘨 𝘵𝘩𝘦 𝘏𝘪𝘨𝘩 𝘓𝘪𝘧𝘦 (24:00) Impact of the Surfside, FL collapse (26:19) What brought you JOY today? If you're a writer who wants to take control of your finances, read Mitlin Financial's  Write Your Financial Future: A Financial Guide for Authors: https://www.mitlinfinancial.com/insights/blog/write-your-financial-future-a-financial-guide-for-authors/ Resources: Sending your child to college will always be emotional but are you financially ready? Take the College Readiness Quiz for Parents: https://www.mitlinfinancial.com/college-readiness-quiz/ Doing your taxes might not be enJOYable but being more organized can make the process less painful. Get Your Gathering Your Tax Documents Checklist: https://www.mitlinfinancial.com/wp-content/uploads/2024/06/Mitlin_ChecklistForGatheringYourTaxDocuments_Form_062424_v2.pdf Will you be able to enJOY the Retirement you envision? Take the Retirement Ready Quiz: https://www.mitlinfinancial.com/retirement-planning-quiz/ Connect with Larry Sprung: LinkedIn: https://www.linkedin.com/in/lawrencesprung/ Instagram: https://www.instagram.com/larry_sprung/ Facebook: https://www.facebook.com/LawrenceDSprung/ X (Twitter): https://x.com/Lawrence_Sprung About Our Guest: Tina Larsson is the powerhouse behind The Folson Group, New York's premier co-op and condo consultant. After saving her own building $340,000, she and her husband, Mark Foley started The Folson Group to help NYC coop and condo owners increase their property values. She is the author of Living the High Life, frequent podcast guest and speaker, and holds a LEED Green Associate designation. Tina is on a mission to support NYC condo and co-op boards optimize their buildings, because smart coop and condo boards don't go it alone. Connect with Tina Larsson: LinkedIn: https://www.linkedin.com/in/tinalarssonli/ Instagram: https://www.duefinancial.com/ YouTube: https://www.youtube.com/@folsongrp Website: https://www.thefolsongroup.com/ Disclosure: Guests on the Mitlin Money Mindset are not affiliated with CWM, LLC, and opinions expressed herein may not be representative of CWM, LLC. CWM, LLC is not responsible for the guest's content linked on this site.   This episode was produced by Podcast Boutique https://www.podcastboutique.com