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Rent out your Las Vegas Home, go to Jail

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Rent out your HOA Home, Go to Jail

So you thought your HOA home was such a sweet investment. After all, if you had to move to a smaller home in this economy, you could always rent out the HOA home to help pay the mortgage couldn’t you, Bunky?

After all, that’s an age-old way of diversifying an invesment and keeping its value high during a recession.

But many  HOAs are deciding that HOA rentals are cheapening the neighborhood so they’re arbitrarily passing rule that say, “You bought it, now live in it, damn it!”

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Another Cop Pleads Extreme Stupidity in Las Vegas

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William Ronald Webb was a major player in the federal investigation into massive corruption in the Valley’s HOAs. His plea comes just a day or so after the federal judge in the case told victims they probably wouldn’t see any restitution in the case. That’s the problem with ponzi schemes, the Bernie Madoffs made off with your money and leave everyone else in the pyramid high and dry.

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