What You Do
I found the DIY report a valuable asset in convincing our owners of the need to plan for, and invest in, our future financial needs. We are on target to be in the strongest financial position of all the associations in our area.
I believe the proof in the pudding is that by using your Do-it-Yourself Reserve Study our Association has never had any Special Assessments in the 17 years we have been under membership control.
We do a DIY Reserve Study every year even though we are not required to do it. It is an essential tool for managing our HOA and I think every HOA, even small ones, should do annual DIY Reserve Studies.
The Component List is a list of all assets that an association is responsible for reserving for in their budgets.
It is the foundation of every Reserve Study.
The Component List details the scope and schedule of anticipated Reserve projects by identifying their Useful Life, Remaining Useful Life and Current Replacement Cost.
In order to properly prepare your Component List, download our Free Instruction Booklet.
The instruction booklet includes exclusive educational content on how to best identify your association’s Reserve Components, and reflect their conditions on your Component List.
Association Reserves is a professional engineering consulting company that provides professional quality Reserve Studies for association-governed communities of all types.
Established in 1986, we serve clients throughout world, performing over 3,000 Reserve Studies each year. We service all types of associations including condominiums, planned unit developments, hi-rises & specialty establishments.
Our regional offices are staffed specifically for this unique field with Certified Reserve Specialists.
Thousands of Boardmembers and Managers trust in our ability to provide independent, custom, financially stable Reserve Funding Plans that ensure timely repairs & replacements of common area assets.
Robert M. Nordlund, PE, RS
Robert Nordlund founded Association Reserves in 1986. Robert is a registered Professional Engineer and a true pioneer in the Reserve Study industry. Robert has greatly influenced the community association industry and was even involved in creating the 1998 National Reserve Study Standards.