Reserveadvisors.com View Learning

Continuing Education

Details: Continuing Education. Professional development for community association managers allows them to serve their association clients to the highest degree, while also furthering their knowledge and growth within the industry. That is why we are excited for the opportunity to provide industry leading education to your management team!

› Verified 3 days ago

› Url: https://www.reserveadvisors.com/resources/continuing-education/ Go Now

› Get more:  EducationGo Now

Selecting a Reserve Study Professional

Details: As the community association industry continues to realize explosive growth – 70 million Americans now live in a planned community vs. 10 million nearly 40 years ago. This evolution has brought continuous advancements in education and technology. And as often is …

› Verified 8 days ago

› Url: https://www.reserveadvisors.com/resources/blog/selecting-a-reserve-study-professional-why-and-how/ Go Now

› Get more:  EducationGo Now

How Often Should You Update Your Reserve Study

Details: Newer/less complex properties can likely get away with updating their reserve study every 3- to 5-years as there are, generally speaking, fewer major components needing near-term replacement. The timing above serves as general guidance. Each community is unique, as are the factors that drive the need to update an existing reserve study.

› Verified 4 days ago

› Url: https://www.reserveadvisors.com/resources/blog/how-often-should-you-update-your-reserve-study/ Go Now

› Get more:  StudyGo Now

What is a Reserve Study and Why is It

Details: A reserve study is a vital capital planning tool for HOAs and condominium associations that provides directional guidance and an in-depth analysis of community assets. The initial reserve study requires an onsite inspection and thorough examination of the reserve fund status to establish a prioritized schedule of capital improvement projects

› Verified 5 days ago

› Url: https://www.reserveadvisors.com/resources/blog/what-is-a-reserve-study-and-why-is-it-important/ Go Now

› Get more:  StudyGo Now

Selecting a Reserve Study Professional

Details: ments in education and technology. And as often is the case, progress is accompanied by confusion. In the early years, prospective buyers didn’t know what they were getting into with community living. Board members volun-teered to conduct practically all aspects of managing the Association - an attorney on the board would handle legal aspects

› Verified 9 days ago

› Url: https://www.reserveadvisors.com/uploads/articles/selecting%20a%20reserve%20study%20professional.pdf Go Now

› Get more:  EducationGo Now

District of Columbia

Details: Local Expertise Reserve Advisors is proud to serve the District from our Arlington, Virginia office. As your local leader of reserve study consulting services, our team’s unmatched experience and our familiarity with local conditions and project costs ensures you will receive the most reliable assessment of your specific capital planning needs. More than 160 D.C. […]

› Verified 4 days ago

› Url: https://www.reserveadvisors.com/select-your-location/district-of-columbia/ Go Now

› Get more:  StudyGo Now

Why Have a Professional RS

Details: Our principals are at the forefront of education and professional standards. John has more than 25 years experience in the reserve study and valuation business and holds his Reserve Specialist (RS) designation. He’s served on CAI’s (Community Associations Institute) national Board of …

› Verified Just Now

› Url: https://www.reserveadvisors.com/uploads/articles/why%20have%20a%20professional%20reserve%20study.pdf Go Now

› Get more:  EducationGo Now

Why Have a Professional Reserve Study

Details: Every community association has three functions - to serve as a business, a government and a community. Community associations are generally nonprofit corporations, functioning in many ways as businesses with revenues (association dues, clubhouse rentals, revenues from golf course or restaurant, etc.) and expenses.

› Verified 5 days ago

› Url: https://www.reserveadvisors.com/resources/blog/why-have-a-professional-reserve-study/ Go Now

› Get more:  CourseGo Now

Frequently Asked Questions

Details: What are “Adequate” Reserves? “Adequate Replacement Reserves” is defined as a Replacement Reserve Fund and stable and equitable multi-year Funding Plan that provides for the timely execution of the association’s major repair and replacement expenses as defined by National Reserve Study Standards, without reliance on additional supplemental funding.

› Verified 6 days ago

› Url: https://www.reserveadvisors.com/resources/faq/ Go Now

› Get more:  StudyGo Now

The Importance of Reserve Studies: What We Can Learn From

Details: Cookie Duration Description; cookielawinfo-checkbox-analytics: 11 months: This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user …

› Verified 4 days ago

› Url: https://www.reserveadvisors.com/resources/blog/the-importance-of-reserve-studies-what-we-can-learn-from-the-champlain-towers-collapse/ Go Now

› Get more:  EducationGo Now

Reserve Studies: The Key to Harmonious Community Living

Details: The single most important key to a harmonious community is – communication, communication, communication. A board should inform homeowners when a reserve study is being conducted, and why. It is to protect their investment in their homes. The results of the study should be summarized into an Executive Summary (included by most reserve study

› Verified 2 days ago

› Url: https://www.reserveadvisors.com/resources/blog/reserve-studies-the-key-to-harmonious-community-living/ Go Now

› Get more:  StudyGo Now

Reserve Studies For The First Time Buyer

Details: A reserve study is an independent long-term analysis (generally 30 years) of Association property that determines the amount of funds required to repair or replace the common elements of an association as they wear out over the life of the property. Examples of common elements include exterior walls, roofs, paving, elevators and swimming pools.

› Verified 8 days ago

› Url: https://www.reserveadvisors.com/resources/blog/reserve-studies-for-the-first-time-buyer/ Go Now

› Get more:  StudyGo Now

Reserve Study Update Proposal Park Place: A Condominium

Details: Engineers/Education Our everyday commitment begins by researching your property and listening to your concerns. The most accurate and thorough condition assessment of your property is conducted by industry-credentialed full-time engineers. Besides the coveted RS and PRA designations, many of our specialists are professional engineers.

› Verified 6 days ago

› Url: https://www.reserveadvisors.com/uploads/120041/782014/120041UP.pdf Go Now

› Get more:  EducationGo Now

What is Included in a Reserve Study

Details: A Reserve Study is made up of two parts, as defined by Community Associations Institute (CAI) and the Association of Professional Reserve Analysts (APRA) – the Physical Analysis and the Financial Analysis of the common elements. Physical Analysis. The physical analysis includes a component inventory, condition assessment and life and valuation estimates.

› Verified 3 days ago

› Url: https://www.reserveadvisors.com/resources/blog/what-is-included-in-a-reserve-study/ Go Now

› Get more:  StudyGo Now

Request A Proposal

Details: Request A Proposal. Home • Request A Proposal. Supporting your capital planning needs. Let's get started. (800) 221-9882. Email us.

› Verified 1 days ago

› Url: https://www.reserveadvisors.com/request-a-proposal/ Go Now

› Get more:  EducationGo Now

The Importance of Updating Your Reserve Study

Details: Updating your reserve study serves two major purposes: It ensures accuracy. Updating a reserve study ensures that the timing and cost of future capital projects are accurate. To do so, the reserve study consultant reviews the common elements and incorporates his or her findings with information provided by the Association.

› Verified 3 days ago

› Url: https://www.reserveadvisors.com/resources/blog/the-importance-of-updating-your-reserve-study/ Go Now

› Get more:  StudyGo Now

What to Look for in a Reserve Study Provider

Details: Anyone on a board of an HOA or condominium association knows the tremendous value of a quality reserve study. Not only is it a capital planning budget tool to help avoid financial surprises, but it also assists with planning the allocation of money to take care of concerns when the needs arise.

› Verified 2 days ago

› Url: https://www.reserveadvisors.com/resources/blog/what-to-look-for-in-a-reserve-study-provider/ Go Now

› Get more:  StudyGo Now

Reserve Study Basics Archives

Details: This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website.

› Verified 7 days ago

› Url: https://www.reserveadvisors.com/resources/blog/category/reserve-study-basics/ Go Now

› Get more:  EducationGo Now

Integrated Maintenance Programs

Details: Our principals are at the forefront of education and professional standards. John has more than 25 years experience in the reserve study and valuation business and holds his Reserve Specialist (RS) designation. He’s served on CAI’s (Community Associations Institute) national Board of Trustees. Ted is a professional engineer who has more

› Verified 8 days ago

› Url: https://www.reserveadvisors.com/uploads/Articles/Integrated%20Maintenance%20Programs.pdf Go Now

› Get more:  EducationGo Now

Understanding and Utilizing Your Reserve Study to Ensure

Details: Understanding and Utilizing Your Reserve Study to Ensure Long-Term Success. It is estimated that more than 22 percent of the U.S. population resides in community associations. According to Community Associations Institute’s latest statistical review, these residents are represented by roughly 346,000 community associations ( CAI 2017

› Verified 2 days ago

› Url: https://www.reserveadvisors.com/resources/blog/understanding-and-utilizing-your-reserve-study-to-ensure-long-term-success/ Go Now

› Get more:  StudyGo Now

What Percent Should HOA Reserves Be Funded

Details: Percent funded is calculated by dividing the current reserve fund balance by the fully funded balance. In the above example, if the association has $30,000 in reserves in year 10, it is 60% funded ($30,000 / $50,000). In this case, one might say that being 60% funded is or is not sufficient.

› Verified Just Now

› Url: https://www.reserveadvisors.com/resources/blog/what-percent-should-hoa-reserves-be-funded/ Go Now

› Get more:  EducationGo Now

Are Your Reserves Fully Funded

Details: The fully funded balance is the balance that is in direct proportion to the fraction of life “used up” for a given component. For example, let’s say you have a $10,000 roof that is three-quaters of the way through its useful life of 20 years. The fully funded balance in year …

› Verified 8 days ago

› Url: https://www.reserveadvisors.com/resources/blog/are-your-reserves-fully-funded/ Go Now

› Get more:  EducationGo Now

Insurance Appraisals Minimize Risk

Details: Insurance Appraisals Minimize Risk. We are all much more familiar with insurance appraisals as it relates to buying our individual home, but there tends to be less clarity around the function of an insurance appraisal as it relates to homeowner and condominium associations. Below we’ll discuss what an insurance appraisal is, who should

› Verified 2 days ago

› Url: https://www.reserveadvisors.com/resources/blog/insurance-appraisals-minimize-risk/ Go Now

› Get more:  EducationGo Now

How Much Should a Condo Have in Reserves

Details: Others believe that a community should be at least 70% funded (that is, have 70% of the fully funded balance in a savings account) at all times. However, we have found that 70% funded reserves is insufficient for some communities while others can fund all of their needs by being just 20% funded. Depending on the makeup of the community, its age

› Verified 8 days ago

› Url: https://www.reserveadvisors.com/resources/blog/how-much-should-a-condo-have-in-reserves/ Go Now

› Get more:  EducationGo Now

Michael Lockhart

Details: Michael Lockhart is a Regional Account Manager at Reserve Advisors. A graduate of Macalester College, he began his career in the world of marketing before Joining Reserve Advisors in 2020. As a Regional Account Manager, he consults with property managers and community association boards and presents customized reserve study solutions that are

› Verified 9 days ago

› Url: https://www.reserveadvisors.com/who-we-are/our-team/michael-lockhart/ Go Now

› Get more:  StudyGo Now

Matt Kuisle, PE, PRA, RS

Details: Matt Kuisle, PE, PRA, RS, joined Reserve Advisors in 2000. As a Regional Executive Director, he is responsible for the development and implementation of the firm’s business strategy throughout the Southeast region. He oversees the production, marketing and sales functions at the regional level. Matt also serves national and international

› Verified 4 days ago

› Url: https://www.reserveadvisors.com/who-we-are/our-team/matt-kuisle/ Go Now

› Get more:  MarketingGo Now

Todd Walter, PE, PRA, RS

Details: Todd Walter, PE, PRA, RS, joined Reserve Advisors in 1999. As a Regional Executive Director, he is responsible for the development and implementation of the firm’s business strategy throughout the Great Lakes region. He also oversees the production, marketing and sales functions at the regional level. Prior to being Regional Executive

› Verified 4 days ago

› Url: https://www.reserveadvisors.com/who-we-are/our-team/todd-walter-pe-pra-rs/ Go Now

› Get more:  MarketingGo Now

Managing Capital Projects and Reserve Fund Activity in

Details: It is more important now than ever to not lose sight of maintaining your association’s physical and financial health. As recent events have forced community leaders to focus on immediate business needs, there is an inherent risk of overlooking long-term activities, such …

› Verified 2 days ago

› Url: https://www.reserveadvisors.com/resources/blog/managing-capital-projects-and-reserve-fund-activity-in-times-of-economic-uncertainty/ Go Now

› Get more:  EducationGo Now

Alan Ebert, PE, PRA, RS

Details: Director of Quality Assurance. Alan Ebert, PE, PRA, RS, joined Reserve Advisors in 2007. As the Director of Quality Assurance, he is responsible for developing, maintaining …

› Verified 3 days ago

› Url: https://www.reserveadvisors.com/who-we-are/our-team/alan-ebert-pe-pra-rs/ Go Now

› Get more:  EducationGo Now

Ashley Doucet, PE, RS

Details: Ashley Doucet, PE, RS, joined Reserve Advisors in 2014. As a Regional Engineering Manager, she is responsible for managing a team of engineers for the firm’s Southeast region. Additionally, she oversees quality assurance of client deliverables to ensure the firm’s clients receive the industry’s most comprehensive reserve study solutions

› Verified 2 days ago

› Url: https://www.reserveadvisors.com/who-we-are/our-team/ashley-doucet-pe-rs/ Go Now

› Get more:  StudyGo Now

Michelle Baldry, PE, PRA, RS

Details: Michelle Baldry, PE, PRA, RS, joined Reserve Advisors in 2010. As a Regional Executive Director, she is responsible for the development and implementation of the firm’s corporate objectives throughout the Northeast region. She also oversees the production, marketing and sales functions at the regional level.

› Verified 8 days ago

› Url: https://www.reserveadvisors.com/who-we-are/our-team/michelle-baldry-pe-pra-rs/ Go Now

› Get more:  MarketingGo Now

Tips, Trends & Insights Archives

Details: Reserve Studies: The Key to Harmonious Community Living. What is an association board’s role in serving their community association? Can a board accurately navigate changing needs related to replacement schedules and funding needs?

› Verified 7 days ago

› Url: https://www.reserveadvisors.com/resources/blog/category/tips-trends-insights/ Go Now

› Get more:  EducationGo Now

Reserve Studies: The Foundation to Your Association's Long

Details: Cookie Duration Description; cookielawinfo-checkbox-analytics: 11 months: This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user …

› Verified 8 days ago

› Url: https://www.reserveadvisors.com/resources/blog/reserve-studies-the-foundation-to-your-associations-long-term-financial-strategy/ Go Now

› Get more:  EducationGo Now

Nancy Daniel, PE, RS

Details: Nancy Daniel, PE, RS, joined Reserve Advisors in 2014. As a Regional Engineering Manager, she is responsible for managing a team of engineers for the Southeast region. She also oversees quality assurance of client deliverables to ensure the firm’s clientele receive the most detailed reserve study solutions and engineering insights that

› Verified 1 days ago

› Url: https://www.reserveadvisors.com/who-we-are/our-team/nancy-daniel-pe-rs/ Go Now

› Get more:  StudyGo Now

Related topics