
Trees and Landscaping: Operating or Reserve Expense?
The Community Associations Institute’s Reserve Study Standards do not present a minimum cost threshold for
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Milwaukee, WI 53202
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Helping you understand community association business with industry leading insight.
The Community Associations Institute’s Reserve Study Standards do not present a minimum cost threshold for
READ MOREWhen it comes to stormwater management, it is incredibly important that associations have a system in place to avoid flooding in any area. Enter: ponds!
READ MORERoofing systems are one of the most valuable components of your property, and they sure do take a beating to ensure that you remain sheltered. So, when it comes time to take care of your roof, what do you need to know, and what can you do to protect it?
READ MOREMasonry 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 MOREWhen your association decides to commission a reserve study, you may be wondering what components will and will not be included in the capital plan, or, if certain elements can be included. Landscaping and irrigation are both important parts of any community, but are they included in a reserve study?
READ MOREWhen conducting a reserve study, one of the first steps your consultant will take is evaluating the inventory of your community’s components and classifying them into groups, with reserve studies focusing most prominently on reserve components. However, long-lived assets are equally as important to keep an eye on.
READ MOREIs your community association considering going electric? In 2021, electric vehicles (EVs) accounted for only 3% of car sales worldwide. By 2040, it’s predicted that EVs will account for a whopping 58% of global passenger vehicle sales. As more Americans trade in gas-operated vehicles for electric vehicles, infrastructure needs are rapidly changing.
READ MOREWhen it comes to a building or home, the entire structure is only as strong as its foundation. Similarly, when it comes to planning for your community’s future, the scope of work, or component inventory, serves as the foundation for a reserve study provider to conduct a thorough review of your property.
READ MOREThe classification of property helps assure that future boards understand whether reserves, the operating budget or homeowners fund certain repairs or replacements and also assists in preparing annual budgets. Furthermore, it helps establish an accurate scope of work when commissioning a reserve study.
READ MOREThis webinar focuses on frequently asked questions and best practices relating to maintenance of ponds, stormwater systems, shoreline stabilization and shoreline restoration in community associations.
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