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EPISODE#184: Reserve Study Accuracy - How Do You Know?

The G.B. Group Construction & Painting Season 4 Episode 184

Regan Brown, host, along with Bill Mann, President of The GB Group Construction & Painting, and Kelly Zibell, Senior Vice President of Communitas, interview Rich Adams, Senior Reserve Analyst at Barrera and Company. They discuss the accuracy of reserve studies for HOAs, exploring the process of setting up a reserve study and ensuring accurate numbers and a comprehensive list of items.

Chapters

00:00 Introduction and Guest Introductions

02:02 Ensuring Accuracy in Reserve Studies

05:34 Costs for Future Projects

07:48 Planning for Long-Term Projects

12:23 The Importance of Regular Updates

16:23 Accounting for Cost Changes

18:15 Challenges and Solutions for Older Associations

21:31 The Impact of Legislative Changes

25:46 Using the Reserve Study as a Tool

28:43 Planning for Future Projects

31:17 Collaboration and Communication

33:39 Funny Stories and Conclusion

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