Welcome to the second episode of our HOA Management Podcast series on Reserve Studies, part of The Uncommon Area! In this episode, our host, Matthew Holbrook, is joined by Reserve Analyst Derek Eckert and Board Member J Parsons. This conversation jumps right into the deep-end, exploring the more complex details of reserve studies and how to use them in a more advanced and effective way. If you’re a board member or manager, this episode is essential for preparing your HOA for long-term financial stability.

Transitioning from basic reserve studies to advanced strategies

Effective budgeting for major repairs and replacements

The role of reserve studies in safeguarding the financial health of HOAs

Common challenges and how to avoid them

Real-life examples of the impact of reserve studies

Derek Eckert is the Northern CA President at Association Reserves. With over 20 years of experience, Derek has extensive knowledge on Reserve Study budgets and disclosures for Common Interest Developments.

Connect with Derek on LinkedIn

Check out Association Reserves

J Parsons is the Board President at The Infinity San Francisco, a condominium high-rise in San Francisco. J has dealt with the challenges of running a Board first-hand and offers practical insight into what Board members regularly face.

Connect with J on LinkedIn

If you missed the first episode of the series, check it out here. It covers the fundamentals of reserve studies and sets the foundation for this episode.

The post Reserve Studies Pt. 2: The Build-Out | Ep. 61 appeared first on Action Property Management.