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How To Interpret Your Reserve Study Results | Association Reserves
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Today we're showing you how to interpret your reserve study's three main results and see how they are all interrelated.
The secret to fully understanding reserve study results is to remember its original purpose. A reserve study isn't just a checklist or database to reference, it was custom-tailored to be YOUR association's guide to an improved sustainable future instead of finding yourself being burdened by special assessments and deferred maintenance. In this Part 3 of our Breaking Down the Reserve Study webinar, we explain this framework so you can interpret your reserve study results and use them effectively!
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Follow Association Reserves!
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00:00 Explaining your reserve study results
01:25 The 3 Components
02:06 What's your reserve fund strength
03:38 Funding for the needs, plus a margin
04:26 “Crash and burn” risk
#ReserveStudy #ReserveStudyResults #InterpretingReserveStudy
The secret to fully understanding reserve study results is to remember its original purpose. A reserve study isn't just a checklist or database to reference, it was custom-tailored to be YOUR association's guide to an improved sustainable future instead of finding yourself being burdened by special assessments and deferred maintenance. In this Part 3 of our Breaking Down the Reserve Study webinar, we explain this framework so you can interpret your reserve study results and use them effectively!
-------
Follow Association Reserves!
------
00:00 Explaining your reserve study results
01:25 The 3 Components
02:06 What's your reserve fund strength
03:38 Funding for the needs, plus a margin
04:26 “Crash and burn” risk
#ReserveStudy #ReserveStudyResults #InterpretingReserveStudy
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