What Makes a Good Reserve Study?

Everyone wants a good Reserve Study. But what does that mean exactly? A complex process broken down into simple things to look for in a great Reserve Study.

5 Things Reserve Specialists Wish Managers Knew

Association Reserves has prepared over 70,000 reserve studies across the nation, which means we’ve worked with a lot of managers! We’ve identified the top 5 things that we wish Managers knew when it comes to reserve studies and the reserve study process.

Lessons from the Collapse of Champlain Towers South

We were shocked, along with the rest of the world, by the collapse of our client property, Champlain Towers South Condominium Association, in Surfside, FL on June 24, 2021. Our hearts broke for the families and friends of the 98 people who lost their lives in this unprecedented disaster. Although the underlying causes of the tragedy have yet to be determined, we know, based on our March 2020 Reserve Study, that the towers were 40 years old and the Association was significantly “underfunded”.

What Makes My Percent Funded Change?

If we make a reserve expenditure “on schedule” (i.e., according to our Reserve Study), why does our Reserve Fund Strength (Percent Funded) drop? That’s a great question because it illustrates the difference between the calculation of Reserve Fund strength and paying for reserve expenses.

Why are Interest and Inflation Important?

Interest earnings bring income to the association that inflation takes away. But do they offset each other? Well first, it helps to understand the difference between the two.