HOA - It's A True Story Podcast
The "HOA - It's A True Story" podcast was created as an educational platform to spread knowledge and insights about the HOA and multifamily industries. It is presented by the team at G.B. Group Construction, who draw on their 35 years of experience in multifamily housing to share trending information. The podcast features guests who are industry experts, providing valuable perspectives on this specialized field, along with a few entertaining stories.
HOA - It's A True Story Podcast
EPISODE#184: Reserve Study Accuracy - How Do You Know?
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
