Board members and managers sometimes ask us how to effectively communicate the results of their Reserve Study to homeowners, or how to “sell” the value of a Reserve Study to their homeowner members. So please see the template “open letter” we’ve created for you below.
Reserve studies are a crucial tool that help HOAs plan effectively and avoid financial burdens. We’ll show you the true purpose of a HOA reserve study, how to overcome objections from other board members, and how to get one in the first place.
We’ll cover real-life examples of a townhome and a condo – so you can see how complete HOA reserve funding is done, right from the experts!
A HOA reserve study is a professional analysis that assesses an HOA’s current and future expenditure needs. Here’s how it works in 2024!
What gets funded by reserves? See what components are included in a HOA reserve study and what your reserve fund cannot be used for!
We’ll break down the 7 types of HOA reserves quicksand and show you how to keep your HOA safe from these mistakes forever!
