Reserve Fund Study for Condominium and Homeowners Associations

Capital Reserve Study Services

Contact us at +1 877-304-6700

The Reserve Study is a Capital (major repair and replacement) Budget

We wrote the book on capital reserve studies - "Reserve Studies - The Complete Guide" We wrote the standards on reserve studies - ICBI's Generally Accepted Reserve Study Standards - Facilities Advisors president Gary Porter is also president of the International Capital Budgeting Institute (ICBI) We use certified software guaranteed for accuracy - Our Facilities 7 internet-based software has been certified by ICBI and tested by an independent CPA firm.

Facilities Advisors International, LLC. has been preparing Capital budget Reserve Fund Study since 1982, long before most of our competitors ever recognized that such a capital budget advisors service was necessary. We have worked with condominium, homeowners, and timeshare associations nationwide

Benefits of selecting Facilities Advisors International for your Reserve Fund Study or Capital Reserve Study:

Competitive fees

Responsiveness

Easy-to-read reports

Internet-based software available to our clients

Competitive fees - We are able to provide competitive fees because of our extensive experience and dedication to using technology to make our services more efficient. This also translates into time savings and the ability to keep fees competitive. We are the only industry consulting reserve study company to have developed software to electronically capture component data on site, which reduces the amount of time necessary to gather component data and translate that information into a RS report. .

"Scoping" the Reserve Study Analysis is perhaps the most important decision in the process, as it determines at what level of detail the RS should be prepared. Hint - it should be prepared at the level at which money is expended by the association, as that is the ONLY way the RS report can ever be correlated to your association financial statements. We ask you questions and help tailor the analysis to your unique association. Our internet-based software, with a multi-dimensional database structure (hidden in the background) and capabilities for three category levels plus major and minor components, gives us the ability to provide data at the correct level, and still be able to "roll up" the data into concise reports.

Responsiveness - We are responsive to your needs. If you request changes to your report, we will make them. After all, it is your report.

Easy-to-read reports - Our approach to reporting is unique in the industry. We focus on telling you where you're at now, and showing you the 30-year plan to provide funding for your future expenditures. We also provide any statutory and regulatory disclosures. We give you the information you need to (1) prepare your budget, and (2) communicate summary information to your board of directors and members.

Internet-based software - When the report is completed, we provide you with access to (and training on) the same internet-based software we used to prepare your Capital Reserve Study report. This allows you to keep your long-term maintenance plan up-to-date, and save money in the future by (1) proactively planning capital expenditure projects, and (2) minimizing future RS costs based on your update of component information.

Call us today for a free reserve fund study proposal (877) 304-6700

You win with our unique approach to the RS; competitive fees, easy-to-read reports, a component structure tailored to YOUR association, and access to our internet-based software. This is not just an Excel workbook, we give you access to the same software we use to perform your RS report - the most powerful software in the industry, which has been tested by an independent CPA firm for accuracy of calculations. We work WITH YOU to help you achieve the best outcome.

Send us the RFP form for a free proposal.

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