Beacon Management Services:/Residential Property

Atlanta HOA and Condominium Companies and Reserve Studies: Part 2

By |July 25th, 2013|Atlanta Association Management, Atlanta Community Association Management, Atlanta Condominium Management, Atlanta Homeowner Association Management News, Atlanta Housing Market, Atlanta Housing Sales, Atlanta Property Management, Atlanta Property Management News and Tips, Atlanta Real Estate, Atlanta Real Estate News, Beacon Management Services, Condominium News, Masterplanned Communities, Residential Property|

There are two components of a reserve study—a physical analysis and a financial analysis. During the physical analysis, a reserve provider evaluates information regarding the physical status and repair/replacement cost of the association’s major common area components. To do so, the provider conducts a component inventory, a condition assessment, and life and valuation estimates. A [...]

Atlanta HOA and Condominium Management Companies and Reserves Studies: Part 1

By |July 24th, 2013|Atlanta Association Management, Atlanta Community Association Management, Atlanta Condominium Management, Atlanta Homeowner Association Management News, Atlanta Housing Market, Atlanta Property Management, Atlanta Real Estate, Commercial Property, Condominium News, Masterplanned Communities, Residential Property|

Community associations come in all sizes. They vary in age, amenities provided, and maintenance obligations.  Careful planning for future repairs and replacements is not only in the best physical and fiscal interests of the community association, it is required by law in some states. Maintaining a reserve fund not only meets legal, fiduciary and professional [...]

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