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  • Think Funding for Reserves is Expensive – Try Not Funding for Reserves

    05.25.2016
    hoa dues

    If you think that refraining from funding the reserve account is expensive try not funding the reserve account. Special assessments, loans, deferred maintenance and lower property values are much more expensive to an HOA community. 

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  • Reserve Study vs Accounting Methodology

    05.17.2016
    accounting

    Reserve study goals and typically different than accounting goals and are typically used for different purposes. 

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  • What is a Reserve Account?

    05.16.2016
    reserve account

    What is a reserve account for common interest communites like condominiums, PUD and HOA. 

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  • Comparing Reserve Account Levels

    05.16.2016
    comparing apples to oranges

    Comparing reserve account balances is not appropriate but there is a measurement known as Percent Funded which is helpful. 

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  • Funding for Component Repairs or Replacement

    05.15.2016
    building repairs

    An Associating will usually have several options to consider when facing common area expenses related to poor installs other factors which have diminished the useful life of the component. 

    Read More

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Recent Posts

reserve study

Determining Cost and Useful Life Data

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Newly Renovated But Still Poorly Funded – How Is this Possible?

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Can 96% of a Community Be Wrong?

lanai

Deck / Lanai Refurbishment, Replacement, Maintenance – A Common Budgeting Mistake

earthquake retrofit

Fire Sprinkler Installation and Earthquake Retrofit - Are They Reserve Account Expenses?

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