Becoming Wealthy Managing Homeowner Associations

The question is often asked: Can I become wealthy as the owner of an HOA management company or will I simply earn a good living?

While there are no guarantees, it is clearly possible to become wealthy owning and operating an HOA management company. Many factors are involved, including your willingness to work hard and become highly educated in all aspects of the business.


Some Facts

 

An HOA management company in California recently disclosed under penalty of perjury the following earnings for 2025:

1. The two founders, husband and wife, earned $636,430 and $432,000 per year.

2. They paid their children and other relatives the following annual compensation:

  • $420,408
  • $148,361
  • $80,000
  • $89,185
  • $80,000
  • $139,224
  • $80,000
  • $80,000

Total family income in 2025 was $2,167,608.

It took years to achieve the ability to earn the amounts set forth above, but it was all done honestly.

Remember: If you don't build your dream, someone else will hire you to help them build theirs.

 

Reasons Older Workers Can't or Don't Get Hired

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