What projects should be funded by reserves? Learn how to determine what components will be funded by your reserve fund in your reserve study!
✅ Is a Reserve Study right for you? https://www.reservestudy.com/'>https://www.reservestudy.com/
What's the basis for every reserve study? It starts with the components. But what qualifies as a reserve component? What about insurance? In our Reserve Studies 101 webinar, we'll take a deeper look at the reserve component list so you can better understand your reserve study, how components affect your reserve study, what different types of HOAs will look like, and how to offset active deterioration.
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00:34 Reserve Studies Don’t Work Alone
01:55 Predictable HOA Projects
03:56 What is Insurance VS Reserves For?
06:35 What Your Governing Docs Say
07:13 How Property Values Drop
08:42 Are Reserves a MUST?
11:21 Why the Component List Matters
13:17 Which Components to Use Reserves On
20:30 What NOT to Spend Reserves On
21:53 Key Component Information
25:53 How Components Affect Reserve Funding
26:07 Difference Between Each HOA Type
27:06 How to Think of Your Costs
28:11 When to Get a Reserve Study
29:00 Types of Components
31:07 What Every HOA Board Should Know
32:28 HOA Resources For You
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