Underfunding Reserves in Community Associations
November 15, 2023 No Comments
If underfunding Reserves is foolish, why do so many HOAs do it? Here’s 4 common reasons and what happens!
If underfunding Reserves is foolish, why do so many HOAs do it? Here’s 4 common reasons and what happens!
The story of 3 identical associations and the effects over 5 years of their different Reserve Funding choices.
Watch how underfunding reserves is calculated, how many associations are underfunded, exposing the high cost of underfunding.
Let’s develop a Funding Plan and show “in real time” how different factors will change the Funding Plan outcome.
Are you putting your HOA at risk? See why you need to fund reserves and what happens when you don’t prepare for the inevitable!
Follow along with Will Simons, as he covers the new statutory changes that were enacted in 2023 and signed into law in Florida.