A Reserve Study consists of two parts according to Community Associations Institute (CAI) and the Association of Professional Reserve Analysts (APRA).

1. Physical Analysis (visual inspection) that results in a comprehensive inventory of your property elements and a prioritized schedule of future replacement costs for capital projects;

2. Financial Analysis that recommends a minimum and stable level of funding into a reserve account over the next 20 to 30 years so you have the money for capital projects when you need it.

A Reserve Study becomes your long range property business plan to provide continuity and dependability for years to come. In short...

1. Budget future capital expenditures with ease
2. Minimize your time in budget meetings
3. Implement a realistic funding plan sensitive to everyone's concerns

Not every Reserve Study is the same!

Our Process is unique, and exceeds the industry standards of care for a Reserve Study. CAI and APRA do not require a Reserve Study to be conducted by an indvidual with an engineering or architectural degree, yet Reserve Advisors demands this level of expertise and talent. We have no Conflict of Interest - We do not manage replacement projects. Rather, as reserve specialists, our independent and objective opinion eliminates any real or perceived conflict of interest. You benefit from our reserve specialists staying abreast of civil, and building construction and systems technology. Our Firm's Qualifications detail the depth of experience at work for you.

The Reserve Advisors Reserve Study Report remains the industry standard for Ease of Use, Ease of Understanding, and a Narrative about property conditions, ages and recommended cost saving methods and times of replacements. Your Reserve Study is tailored to your organization's goals and objectives and becomes the centerpiece of your strategic plan.

The Property Replacement Reserve Study Report

Ease of use starts with a Table of Contents for easy navigation through the detailed narrative, tailored to your property, arranged in a 3-ring binder, easily copied for distribution in whole or part.

Ease of use continues with a concise Executive Summary of our key findings, table of recommendations, and graphs - an excellent tool for informing homeowners, prospective buyers, and lenders.

A narrative section that describes the current condition, relative importance and condition of the property components, with specific commentary to help define the capital spending programs for easy contractor bidding of replacement projects. Your advantage is a self-explanatory report that saves you considerable time by explaining replacement projects in clear language.

The Reserve Advisors Reserve Study Report clearly identifies all property, whether long lived or subject to near term replacement, and the responsibility and manner of funding for future repairs and replacements, as normal maintenance, capital replacements or by others (such as homeowners or municipalities). Our on site visual inspection by employees with architectural or engineering degrees and historical analysis of each property component determines useful lives and accurate remaining useful lives. Only our narrative explains the best practice method of either

• capital repair
• partial or phased replacement
• complete replacement at one time

Our goal is to save you money and help you with a realistic plan for future capital spending to maintain a consistent, stable financial environment for years to come.

We have no canned computer generated reports typically laden with dozens of tables and graphs! Rather than limiting the report to one page of narrative for each property component, Reserve Advisors takes as much space and time as needed in our Reserve Study Report for those important property elements requiring immediate or special attention in the future. Only our Narrative provides solutions for property elements with specific problems and gives advice to extend the remaining lives of the property. Our goal is to help you maintain a consistent, stable financial environment for the life of your property.

Reserve Advisors Reserve Study Exhibits convey meaningful information. The highest quality color pictures document conditions in support of capital project decisions.

One comprehensive spreadsheet Exhibit (usually on one page) presents ...

Quantitative Inventory of each property element to define future replacement programs for easy contractor bidding

Local current and future Replacement Costs for each property element with individual capital spending budgets summarized by year for the next 20 to 30 years

Useful and Remaining Useful Lives for each property element

Our goal is to save you time again and again, in otherwise long budget meetings, and to help you plan future capital spending to maintain a consistent, stable financial environment for years to come. The Reserve Advisors Property Replacement Reserve Study is the property management tool you can depend on to help achieve your organization's goals.

The Cash Flow Analysis or Reserve Funding Plan in one comprehensive table shows Realistic Reserve Budgets, expenditures, and reserve fund balances each year for the next 20 to 30 years - adequate but not excessive reserve contributions for the life of your property.

Pie charts and concise graphics convey meaningful information at-a-glance explaining the future capital spending needs of your organization together with the funding plan for those anticipated expenditures.

Credentials of Reserve Advisors, Inc. are part of every Reserve Study Report and explain the resources we use in our analysis, the expertise of the firm, the specialists who conduct the Reserve Study, the Quality Assurance Review Coordinator and Principals of the firm.

The Reserve Advisors Reserve Study Report is our commitment to provide you the best value for your investment while paying close attention to the quality of life that you expect to derive from your property over the long run, for the life of your property.