Corporate Headquarters

735 N. Water Street, Suite 175

Milwaukee, WI 53202

800-221-9882

How Do You Define Adequate Reserves?

how much is enough in reserve funds

Maintaining adequate reserve funds is crucial to keeping any community association running smoothly. But, what exactly are adequate reserve funds, and how do they impact the board, managers, and residents?

READ MORE

How Often Should A Reserve Study Be Done?

How Often Should a Reserve Study Be Done

Updating your association’s reserve study is essential for the financial and physical wellbeing of the property and residents alike. Updates keep funding plans and repair and replacement schedules on track, and current and future homeowners will benefit from stable, equitable reserve contributions.

READ MORE

Reserve Funds: Don’t Be Scared to Use Them!

using reserve funds

Reserves, like any other savings fund, often have too little money at any given time, leading to issues such as special assessments or deferred maintenance. But unlike retirement accounts, which benefit from having as much cushion as possible, it is possible that reserve funds contain too much money.

READ MORE

Mitigating Financial Risk: Reserve Studies, Lending, and Insurance

Mitigating Financial Risk

In the ever-evolving landscape of community associations, one trend is becoming increasingly apparent: lenders and insurers are focusing on reserve studies. Traditionally overlooked and used as an internal planning tool, reserve studies are now capturing the attention of external individuals and institutions, particularly lenders and insurance companies.

READ MORE

Masonry Maintenance: A Guide for Condos and Community Associations

Masonry Building

Masonry and brick buildings are beloved for their enduring class and elegance, but much like any beautiful thing that is to be long-lasting, they require continuous maintenance. For condominiums and community associations overseeing such buildings, implementing technically sound maintenance protocols is crucial for not only preserving aesthetics but also for optimizing costs long-term.

READ MORE

Reserve Study Terminology

Reserve Study Terms

Throughout the reserve study process, you’ll hear a lot of terminology that may be unfamiliar to you. Whether you’re just learning what a reserve study is or you have your first report in hand, here is a list of the terms you need to know.

READ MORE

Sign up for our Newsletter