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Building A Financial Foundation

Building A Financial Foundation

This webinar covers essential strategies for building a solid financial foundation for community associations, focusing on reserve funds and capital planning.

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Navigating Financial Challenges: Structural Integrity Reserve Studies

Ensuring the structural integrity of buildings is a primary concern for community associations in Florida, where climate and weather events can pose a significant threat to buildings and their residents. Structural Integrity Reserve Studies (SIRS) address this, but the financial implications of the required implementation of these studies have proven a significant challenge for many associations.

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How Much Does a Reserve Study Cost?

Townhomes

This is often one of the first questions a board asks when they are presented with the topic of reserve studies. As boards begin to engage with reserve study providers, odds are that most receive, at a minimum, three bids to conduct a reserve study, all of which present a different cost for a variety of reasons.

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Lisa Pham Receives CAI Reserve Specialist (RS) Designation

Lisa Pham

Lisa Pham, RS, has earned Community Association Institutes’ Reserve Specialist (RS) designation. The RS designation recognizes engineers who have demonstrated advanced knowledge and expertise and are committed to delivering the highest level of service in the field of professional reserve study consulting.

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