What Is a Reserve Study?

A reserve study is integral to managing any condo building. This video discusses what a reserve study is, why it’s important, and how it can affect the success and failure of your condo association.

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HOA management is a 24/7 job. You want a proactive property manager with the experience to provide guidance, options, and solutions for your condo association’s problems and needs.

At Boston HOA Management, our goal is to improve the lives and properties of our owners by being proactive and preventing problems before they ever happen. Our 40+ years of experience in insurance, construction, and management allows us to provide a unique set of skills for every association we manage.

We strive only for the highest level of accountability, communication, and transparency with every owner and building we manage.

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TIMESTAMPS:
00:00 What Is a Reserve Study?
00:08 Is it necessary, and should we get a reserve study? 
00:51 High-level overview of what needs to be done at your building
01:08 How much should we be putting into our reserve?
01:23 Collect an assessment
02:09 Whether you should have a reserve study
02:46 Have a good property management company
04:07 The Boston HOA Management Guarantee