What's Included in Our Reserve Studies?
Physical Inventory and Funding Analysis Reports, Which Include:
Information concerning the association, accounting/budget assumptions, and other mathematical modeling criteria.
Using all methodologies approved by the Association of Professional Reserve Analysts (APRA) and recognized by Community Associations Institute's (CAI) National Reserve Standards Panel.
Color photos for each significant component and specific notes related to its current condi-tion, along with helpful preventative maintenance suggestions to follow.
Set down the portfolio of all reserve items split out in great detail, the quantity for each item, the lives of the components, the current and future replacement costs and dates, and the basic cost of each element.
Provided to reveal the amounts of money on hand over the next thirty years using both full funding and a threshold funding methodology.
Specifically, when and for what components the association is expected to expend re-serve money over the upcoming years.
A short summary with the legally required disclosure notes for all homeowners as part of our study. Why pay more to have someone extract the data to perform this required function.
Active members of the Community Association Institute (CAI) and The National Reserves Standards Committee.
Founding members Of the Association of the Professional Reserve Analysts (APRA) & currently serving its Board of Directors.
Professional Reserve Analyst (PRA) & Reserve Specialist (RS) designations.
We believe in quality over quantity, which maximizes your reserve study's usefulness as a budgeting and planning tool.
All our reserve studies are prepared under the direct supervision of a Professional Reserve Analysts (PRA) & Reserve Specialist (RS).
Our detailed component list inventories are second to none. We don't believe in lump sums or combined funds. Every component should be cataloged and tracked where it exists.
We utilize a proprietary database and reserve funding software (RAMP), which offers mathematical guarantees. You don't have to second-guess the numbers because they are right!
We offer free funding updates during the current year of the reserve study. Our clients find this service invaluable, especially during budget season.
Our revolutionary Sustainment Package allows us to track your As-sociation's components through time better and provide periodic funding and maintenance data without wasting the process of a new reserve study every three (3) years.
An Overview to the HOA Online Experience
We have vast experience in preparing reserve studies for all types of product, including but not limited to: single family, condominiums, mixed-use, high-rises, lakes, recreational facilities, and even churches and educational institutions.
We are well versed in funding concepts and financial modeling. Our funding recommendations are methodical and do not default to just what the software program computes like we see other competitors follow.
We live in the HOA world. We have a great deal of experience working with association managers, project managers, engineers, architects, and vendors on a routine basis.
We know how to handle complex developments built overtime. We do not resort to making simplistic assumptions other competitors will do, such as using the same service “start” date for all components when that is simply not true.
