Our Approach
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1. Data Analysis
Analysis of governing documents and financial statements determines association vs. homeowner responsibilities, shows recent reserve expense, and reveals the current state of reserve funding.
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4. Draft Review
Meet with board representatives and property manages for review of draft.
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2. Field Work
On site visits allow us to identify, measure and count the reserve assets and provides insights into condition and life expectancy.
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5. Revisions
Asset changes and funding adjustments are made to the calculations. Pathway to full funding is defined.
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3. Data Input
Reserve assets and funding projections are input against a backdrop of economic expectations and modeled over a 30-year time span.
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6. Final Report
Download a sample report.
The Reserve Design Advantage
ADVANCED COMMUNICATION
We conduct face-to-face meetings with the Board as often as needed to ensure association priorities and expectations are represented in report.
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VALUE ADDED
While the homeowner presentation is an optional meeting, our experience is that homeowners value it. RDA will meet with homeowners as a group to review the process and benefits of their reserve study.