Reserve Study for Vacation Ownership Resorts

Properties with divided forms of ownership or use rights may be known by different names throughout the world — Timeshares, Fractionals, Travel Clubs, or Vacation Clubs — but they all have one common need: a Reserve Study to make informed decisions, avoid surprise expenses, and budget responsibly for predictable repairs & replacements so that the high visibility areas & amenities create lasting good impressions on their guests.

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Our Team

Reserve Study specialist, Robert Nordlund

Robert Nordlund, PE, RS

Founder/CEO

Cathy Schrader, PE

Director of Marketing

David Whann, MBA, RS

Director of Operations

Mason Schrader

Operations Coordinator

Jenn Johnson

Executive Operations Coordinator
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Sample Reserve Study

This is an example of how a Reserve Study would look for a typical Vacation Ownership Resort
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HOA Board Heroes: Increasing Revenue for Timeshare HOAs!

HOA Insights: Common Sense for Common Areas
Episode #87

Paula DiPaola, a volunteer board member at Magic Tree resort for over 24 years, shares her secrets to managing a successful Timeshare HOA. Paula explains how she has kept maintenance fees steady for decades by implementing smart cost-saving measures, leveraging vendor relationships, and introducing innovative revenue strategies like the $150 weekly resort fee that generates $150,000 annually. From fostering community engagement to handling emergencies and building strong vendor partnerships, Paula highlights the importance of transparency, consistency, and hard work in HOA leadership.

Slide

Timeshares are Associations Too!

HOA Insights: Common sense for common areas
Episode #124

This week we welcome Jason Gamel, CEO of ARDA, to explore how timeshares function as associations. Robert and Jason discuss board responsibilities, budgeting, maintenance, and the hospitality layer that makes timeshares unique. See how major brands like Marriott and Hilton and even small self-managed resorts have boards ensure owner satisfaction, safety, and long-term success!

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Other Clients

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United States
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US Territories
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International

What Our Clients Have to Say

Robert Nordlund, PE, RS

President

A registered professional engineer, Robert has been involved in the Community Association industry since 1982. Robert founded Association Reserves, Inc. in 1986 and has pioneered many widely used reserve funding concepts. For his expertise, he earned the Community Association Institute’s (CAI) Reserve Specialist (RS) designation and has the distinction of being RS #5. Robert was involved in creating the 1998 National Reserve Study Standards and has greatly influenced the Reserve Study industry. He is a past Chairman of CAI’s Reserve Professionals Committee, past Chairman of the Association of Professional Reserve Analysts, and past President of the Community Association’s Institute (CAI) Greater Los Angeles Chapter. Robert regularly writes on the topic of Reserve Studies and is a frequent speaker in industry-sponsored seminars and presentations throughout the United States. He is often called to serve as an expert witness in litigation involving reserve issues.

CREDENTIALS

CAI Educated Business Partner

DJ Vlaming, RS

President
DJ graduated from California State University, Northridge with a business degree in 1996 and started working at Association Reserves shortly thereafter. He has been responsible for the growing Arizona client base since 1997. He has completed thousands of Reserve Studies for properties ranging from simple developments with minimal assets to complex international resorts. For his expertise, he earned the Community Association Institute’s (CAI) Reserve Specialist (RS) designation and has the distinction of being RS #61. DJ and his family relocated to the Phoenix area in 2003 to establish the Arizona regional office. From this office, he is able to serve Arizona and New Mexico clients full-time, including large master planned communities in the Phoenix, Tucson and Albuquerque metropolitan areas. DJ has expanded his reach into Mexico, and he has prepared Reserve Studies for timeshare resorts and communities in Rocky Point, Cabo San Lucas, Cancun, and Puerto Vallarta. DJ is an active member of CAI and the Arizona Association of Community Managers (AACM). He has also been an instructor on the subject of Reserves for training courses offered by both of these organizations.

David Whann, MBA, RS, EBP

Director of Operations

David Whann, MBA, RS, EBP joined the Association Reserves – FL team in 2016, and now represents Association Reserves as the Director of Operations. A lifelong Florida resident, David obtained both his Bachelor’s Degree in Accounting and Master’s Degree in Business Administration from the University of South Florida. He has prepared Reserve Studies for a wide range of property types, from luxury high-rise properties to sprawling single-family home communities. David earned the Community Associations Institute (CAI) designation of Reserve Specialist (RS #369). David’s other responsibilities include the development of internal tools and systems to ensure our studies are accurate, comprehensive, and consistent with the latest industry trends and knowledge.

Mason Schrader

Operations Coordinator

Mason Schrader joined the Association Reserves team in early 2025, following a 4-year career as a Ticket Sales Account Executive at Charlotte FC, North Carolina’s Major League Soccer (MLS) team. Launched in late 2019, he played a key role in the Club’s establishment and initial years of growth & success. Mason was born and raised in North Carolina, graduating from North Carolina State University in 2021. The son of an architect, Mason’s lifelong exposure to design, construction, and job site visits make him a wonderful fit for our industry. His strong work ethic, attention to detail, and dedication to developing meaningful client relationships will help make Association Reserves stronger. In his free time, Mason enjoys health and fitness, traveling, Notre Dame football, and spending time outdoors!

Jenn Johnson

Executive Operations Coordinator

Jenn joined Association Reserves in 2023 as the Executive Assistant after graduating from Sacramento State University. With over a decade of experience in customer service, Jenn has honed her skills in communication and problem-solving, consistently ensuring client satisfaction. Her commitment to excellence extends to one of her roles in helping to manage the company’s podcast, HOA Insights: Common Sense for Common Areas. Jenn is passionate about contributing to the company’s success, always seeking opportunities to enhance operational efficiency and foster a positive working environment. With a proactive approach and a commitment to excellence, she is excited to continue making valuable contributions to the organization’s growth and success.