This tool was developed to help board members and facility managers get and idea of the future reserve expenses facing them and understand the percent funded levels of their reserves. Experience a rsdesignee has a wealth of experience in the diverse aspects of component analysis and financial planning for community associations. Mccaffery reserve consulting reserve study proposal youtube. It evaluates how much life they have left and how much theyre likely to cost when they wear out. With this free reserve study software you will be able to calculate your currentread more read more. This license type may impose certain restrictions on functionality or only provide an evaluation period. Diy reserve study software also transfers the liability back to the board and specifically that member who feels they have the expertise to complete the update. Sedgwick valuation services division utilizes a nationally recognized reserve study software program in completion of all reserve studies.
Pricing and ordering information for each system can be found below. Consulting for third party hardware and software products. Mccaffery reserve consulting has performed over 5,000 reserve studies for condominiums, hoas and more. Reserve study free software free download reserve study free. Over the years boards have been generally trying to limit their liability after many instances of board members making decisions that they felt were in the communitys best interest. Do it yourself reserve studies the diy reserve study kit.
Save time and money with our free reserve study software. This study also provides replacement cost projections based on a 20 to 30year trajectory. A reserve professional providing reserve study depreciation. Each reserve study report includes multiple customizable funding plans. Download lucid reserve study budget manager that helps you keep track of your finances, create a reserve study for your homeowners. Reserve study update no site visit nsv read sample reserve study doityourself reserve study. Component inventory, condition assessment based upon onsite visual observations, life and valuation estimates, fund status and a funding plan.
Reserve study excel software free download reserve study. No capital reserves were established in the first 36 years leaving the owners with a substantial assessment to repair sewers, lanais, railings, lighting, walkways and painting. Use our reserve study software learn about the diy. You can then use this free reserve study software to compile your inspection and inventory data, analyze the replacement reserve balances over time and model the impact of varied annual reserve contributions and special assessments to best plan for the future needs of the association. Download our free reserve study templatesample what is a reserve study. We are dedicated to excellent software and superior support. In recent years as the reserve study industry has become more.
Only one other software product in the usa has reached this level of achievement. The license type of the downloaded software is shareware. Its designed to get you up and running quickly, and offers a deep set of scenarios, forecasting models and reporting features to make reserve management run like clockwork. Facilities advisors florida a reserve study company. If you need to support multiple associations or need access to additional reports, you should examine the features of the lucid reserve study professional edition.
A reserve study is a longterm capital budget planning tool which identifies the current status of the reserve fund and a stable and equitable funding plan to offset ongoing deterioration, resulting in sufficient funds when those anticipated major common area expenditures actually occur. Reserve study software software free download reserve. Most reserve studies, often called custom, include 1 a condition assessment and replacement cost estimates of a community associations common elements and 2 a reserve funding plan to pay for future replacements when they are incurred. In a full reserve study, the following five tasks are performed. Reserve study software hoa condo brian mccaffery 20191211t19. Reserve study update with site visit wsv read sample reserve study. Lucid reserve study estimates monthly dues can be calculated, along with the percent funded for the current fiscal year. Pra system is the most comprehensive set of reserve study software tools available today. Reserve study software the intelligent approach to reserve.
Reserve study excel, free reserve study excel software downloads. Ars is the reserve study consulting and software firm that the most financially sound communities nationwide turn to for insight and guidance. The free tool should be used as a guide only and not a recommendation from capital reserve analysts. Reserve analyst is continually being updated and upgraded with new features and benefits added all the time.
Association reserves reserve study services for hoa. Call us today for a free reserve fund study proposal 877 3046700 you win with our unique approach to the rs. You can obtain a free quote simply by completing our online. Reserve study software hoa condo mccaffery reserve. A reserve study is a longterm capital budget planning tool which identifies the current status of. If you said yes to any of these questions, this reserve study software is for you. Submit this form for your free no obligation demo cd rom. The objectives of this video are to understand the user interface, to get familiar with the multiple functionalities offered by the cloudbased software and. The standards are also specific as to the software used to create the financial forecasts.
We are confident that the kits pricepoint and easytounderstand instructions will make reserve studies accessible to associations across the us. This software provides in depth breakdowns of each and every components cost, total and remaining useful lives, as well as a year by year schedule for all planned reserve expenditures. Reserve study for condominiums and hoas reserve studies. First of all they dont have the experience that a reserve specialist has and it can be a liability issue and a conflict of interest. I think reserve study means predicting not only the life of systems but also the associated costs. Use our free reserve study software to create your own reserve study. Create your living capital reserve history today and throw away that budgeting crystal ball. Use our reserve study software learn about the diy reserve.
Our reserve studies are accurate, professional, easy to understand and include color photographs. Often times, the custom reserve study is presented in a series of computer generated tables of. Reserve study software and integrated facilities maintenance software. Afi professional offers a line of software products, support, and addon modules to assist in the preparation of reserve studies. This allows you to keep your reserve plan uptodate, and save money in the future by 1 proactively planning reserve projects, and 2 minimizing future reserve study costs based on your update of component information. A reserve study is a report thats designed to provide a framework of the common areas that the hoa is responsible for. Use the educational information found in our free instruction booklet to build your associations component list. In order to properly prepare your component list, download our free instruction booklet. Free reserve study software reserve studies for hoas.
Premium toll free support is the norm with reserve analyst and we genuinely want you to get the most out of your reserve study software application. Internetbased software we also provide access to the same internetbased software we used to prepare your reserve study. If what ive described seems like something that might work for you, click on free sample at the top of the page to get a pdf of the exact spreadsheet we used for our reserve study. Reserve study software the intelligent approach to. You may want to check out more software, such as lucid universal thin client, lucid automobile records or lucid rapid dyslexia screening, which might be related to lucid reserve study. Hoa reserve fund, best capital reserve study company salt. Finance software lucid reserve study standard edition lucid reserve study professional edition lucid stock symbol lookup and tracker home and hobby lucid automobile records lucid inventory system lucid electronics workbench lucid wine management system. Your team knows the software and have been extremely helpful.
Reserve studies sedgwick valuation services division. And if it makes sense to you, i hope youll buy the full template with all of the formulas set, so all you have to do is plug in your numbers. A reserve study provides an indepth analysis of a propertys physical condition, as well as an evaluation of the financial health of the propertys reserve funds. Free reserve study software software, best reserve study. A reserve study includes a detailed list of property components that are commonly owned and maintained, including component quantities, ages, conditions, and useful lives. Compare features for each lucid reserve study edition. Reserve study software software free download reserve study software top 4 download offers free software downloads for windows, mac, ios and android computers and mobile devices. The price of the full reserve study will depend on the size of the project. This tool is ideal for smaller hoas with minimal common area assets. The diy reserve study kit provides associations the ability to create costeffective, professionalquality reserve study reports and offers a lowcost alternative to the professional reserve study. For mac users with operating system snow leopard 10. Reserve study free, free reserve study free software downloads. Reserve study information armstrong consulting, inc. Association reserves has 32 years of reserve study experience helping many properties budget responsibly and create reserve funding plans.
Winreserve was designed by professional reserve analysts and cai reserve specialists with. Managing your reserve funds accurately has never been easier. The lucid reserve study standard edition is designed to be used by one user for a single homeowners association. With a 20 and 30year forecast and yearbyyear snapshots, you can confidently track your historical costs and plan for your future. Reserve study ars is the reserve study consulting and software firm that the most financially sound communities nationwide turn to for insight and guidance. The component list details the scope and schedule of anticipated reserve projects by identifying their useful life, remaining useful life and current replacement cost. The lucid reserve study professional edition provides support for additional associations. Smartproperty helps improve the accuracy of your budget so you dont run out of money. Study software free download study top 4 download offers free software downloads for windows, mac, ios and android computers and mobile devices. A modern, endtoend approach to reserve study software and a global network of reserve analysts for the hoa, strata and timeshare industries. The download is provided as is, with no modifications or changes made on our side. Now that its a statutory requirement to have a reserve study, you should turn to an experienced industry professional reserve study team to get the job done.
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