Association Reserves

Reserve Specialist and Professional Engineer who has prepared thousands of Reserve Studies nationwide for community associations (condo, HOA, etc) since 1986.

[Association Reserves @reserves]

Nice article in the WSJ on what homeowners can do to minimize the rising costs of home-ownership, including rising HOA fees. But don't skimp on maintenance - that soon come back as a more expensive project! https://t.co/JNNKfCtA4W

[Association Reserves @reserves]

@FolsonGrp Tina - well said. Reserve Funds are collected as a "usage fee" to offset ongoing deterioration. Funding less than your "deterioration rate" just send you to "special assessment land". Fund Honestly, and Avoid a Crisis.

[Association Reserves @reserves]

Good news for CA associations... the Governor signed AB2050 into law. This protects CA (community association) homeowners from unsettling special assessments by requiring associations to fund at least some Reserves from the budget.

[Association Reserves @reserves]

Great column and strong words from former CAI President and attorney Kelly Richardson, CCAL about the risk of underfunding Reserves: https://t.co/aTe6SbpcFg

[Association Reserves @reserves]

Nature is resourceful. Usually bird spikes are effective, but this bird figured this ledge made for a great resting spot if only one foot was used while standing!

[Association Reserves @reserves]

What makes boards think they can't afford Reserve Funding, so they'll wait and get a loan to pay those same costs? That's just a more expensive solution! Better to have the bank pay you with interest earnings, than pay the bank interest!

[Association Reserves @reserves]

A waste can for both garbage & recycle. Sigh. I guess they’ll sort it out later?

[Association Reserves @reserves]

Why do you fund Reserves at your association? State Law? Governing Docs? No. It's bigger than that. See what drives Reserve Funding in last week's webinar: https://t.co/0caZMJJbhw

[Association Reserves @reserves]

From five years ago shortly after the tragedy... my video interview with CNN discussing the Reserve Study we prepared for Champlain Towers South. https://t.co/4xwSmQm1dG

[Association Reserves @reserves]

It's budget season - do you know why so many Boards resist adequate funding of Reserves? Hint - it's not always about the $. Re-watch our "Psychology of Reserves" webinar and see what's going on... to be prepared and well equipped for success: https://t.co/NmzXKa56Kj

[Association Reserves @reserves]

Enjoyed our presentation today at CAI National in FL: "Risk and Resilience" with friends and experts Kevin Davis and Julie Adamen! For more, see us at https://t.co/IVMZcaoYJ9, where we have a weekly 30-minute podcast.

[Association Reserves @reserves]

Association Reserves CO Partner Bryan Farley, RS speaking about the Psychology of Reserve Planning (with David Graf, Esq) at the CAI National Conference in FL. Great material!

[Association Reserves @reserves]

Great new document from CAI's Foundation for Community Association Research - "Built to Last: Strategies for Extending the Economic Life of Community Associations" here. Great insights we need to know to get us safely and successfully to the future.https://t.co/8fV2HWQJd8

[Association Reserves @reserves]

As a new boardmember, you won't get to big (important) Reserve funding decisions if you're not clear on your role and responsibilities as a boardmember. Watch our webinar "Volunteer to Visionary" here: https://t.co/px75UX4Hnj

[Association Reserves @reserves]

What did we learn from preparing over 100,000 Reserve Studies for communities all across the country? https://t.co/WcvOfRUaJs

[Association Reserves @reserves]

What have we learned after preparing over 100,000 Reserve Studies for community association clients in all 50 states? https://t.co/WcvOfRUaJs

[Association Reserves @reserves]

Who does Fannie Mae's increased minimum standard for % of budget going to Reserves from 10 to 15% affect? See the below, for what is typically required for adequacy. Very few associations are adequately funding Reserves under 15% of budget.

[Association Reserves @reserves]

How does your association (really) measure up? How is it performing compared to others based on its Financial, Physical, and Operational behaviors? This free site helps boardmembers and managers learn how their association is doing. https://t.co/IMj7CytiAU

[Association Reserves @reserves]

Join me Wed, Feb 25 at 11AM PT (2PM ET) for a free webinar hosted by Community Financials for board members and mgrs about effective Reserve planning. Make it a living document that guides your community's financial decisions year-round. Register here: https://t.co/MwhhNgCgoY

[Association Reserves @reserves]

Community leadership isn’t about having all the answers — it’s about asking better questions and making thoughtful choices.
🎙️Full Episode here: https://t.co/cuvyWtOnnM
#hoa #insights #fyp #explorepage #podcast