Registered users can create, explore and share different funding plans and replacement scenarios. Estimated monthly dues can be calculated, along with the percent funded for. Reserve fund planning program students are not eligible for ubc awards or scholarships. 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. Dashboards let you understand your longterm financial condition at a glance. Reserve study software the intelligent approach to. Smartproperty helps improve the accuracy of your budget so you dont run out of money. A strategic reserves reserve study complies with the strict national reserve study standards of the cai community associations institute, conforms to the aicpa american institute of certified public accountants audit standards and has the flexibility to adapt and implement various funding methodsgoals required by local statutes or selected by personal preferences. But, our team has identified calculation errors or programming weaknesses in virtually every other reserve study software product on the market. Event management and catering software reserve interactive.
This tool is ideal for smaller hoas with minimal common area assets. Reserve studies sedgwick valuation services division. Hoas can save money, attain better management control, and improve membership communications by using our software to self perform their reserve study. Mccaffery provides the best, most qualified hoa reserve study.
New reserve study software demo video fj strategic solutions inc. A modern, endtoend approach to reserve study software and a global network of reserve analysts for the hoa, strata and timeshare industries. Brian mccaffery, president of mccaffery reserve consulting knows how an hoa works and his company is the most qualified for an hoa reserve study. A specialized company to do this is simply not necessary. Association reserves reserve study services for hoa, condos. With clients in over 35 states and four countries reserve analyst serves the broad market of reserve study software users. 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. If you said yes to any of these questions, this reserve study software is for you. Select lucid reserve study standard edition purchase options.
But if an association thinks they can come up with their own component list the least they should do is have an independent professional enter it into a software program and calculate the funding plans. Typically these programs are catered towards the updates to the reserve studies in off years when associations are seeking only financial updates no site visit. 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. Reserve study software the intelligent approach to reserve. For a board to prepare their reserve study themselves, due diligence is certainly required. With this free reserve study software you will be able to calculate your currentread more read more. Foresite is exclusive to reserve advisors and now comes with every reserve study. Association reserves has 32 years of reserve study experience helping many properties budget responsibly and create reserve funding plans. The fully integrated reserve cloud offpremise event catering software and onpremise event management software system automates the entire event booking process from initial inquiry to the final invoice and everything in between. After the one time purchase of the reserve program, can use to prepare your initial reserve study and also to update. Free reserve study software reserve studies for hoas.
I used microsofts new lightswitch program which will. Reserve study software software free download reserve study. Hoa software, or homeowners association software, is designed for the particular needs of singlefamily home developments, condominiums condos, and other similar communities and homeowner associations. Qualified hoa reserve consulting in san diego california. In recent years as the reserve study industry has become more competitive many companies are going in a direction of providing diy reserve study software. Afi professional offers a line of software products, support, and addon modules to assist in the preparation of reserve studies. Pra system is the most comprehensive set of reserve study software tools available today. Reserve interactive allows us to organize a lifecycle that is unique to our business and helps keep us moving forward. The lucid reserve study professional edition provides support for additional associations. As a professional reserve analyst, the application gives me the features i need to complete the most complex analysisand the easeofuse to do a simple reserve study quickly and easily. Facilities 7 reserve study software has been certified by icbi to meet the exacting software requirements of the international capital budgeting institute. Reserve analyst is the premium reserve study software on the market today. Why do some reserve study firms hide the way reserve.
Learn more about the program and secure your first year subscription with exceptional discount and unlimited access at. A reserve study is a longrange maintenance plan, usually created by a reserve study company or reserve study provider for a community association, homeowners association, condominium association, timeshare or other cic. The lucid reserve study standard edition is designed to be used by one user for a single homeowners association. Reserve study a budget planning tool which identifies the current status of the reserve fund and a stable and equitable funding plan to offset the anticipated future major common area expenditures. Sedgwick valuation services division utilizes a nationally recognized reserve study software program in completion of all reserve studies.
The reserve bank has the contractual right to take possession of the software at any time during the hosting period without significant penalty, 5 and. Use our free reserve study software to create your own reserve study. Our reserve management software has been used in the preparation of over 10,000 reserve studies. Since then rda has been credited for being the first professional reserve company in the u. The diy reserve study kit uses the best reserve study software around to develop professional reserve studies for associations of all types.
Save time and money with our free reserve study software. Reserve interactive is hard to look at and see the organization behind the software right away, but when you adjust and understand the software s capabilities it becomes much easier. Serving the industry for over 16 years, reserve analyst is the most powerful and flexible modern windows software application in the industry. Smartproperty takes your capital reserve study data and turns it into simple, easytounderstand charts, graphs, and reports so you can effectively communicate where the money is going. This software is the best in the industry, and provides each club with a reserve study report that is compliant with american institute of certified public accountants aicpa audit and accounting guide for common interest realty associations and irs tax. As with all products there is a place for diy reserve study software but it really needs to be placed in the hands of a person very familiar with all the concepts, has the necessary tools and the willingness to carry the liability of the reserve study for the community. The list of features just goes on and on afi professional is fast, easy to use, makes editing a pleasure, and will pay for itself the first time you use it. At the moment, there are no real estate division awards for rfpp courses. Its a great resource that combines a central database to excel for fully customizable reports.
Combine a full service reserve study from diversified facility services and timetested reserve management software for the ultimate in performance and durability in your reserve study. 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. Association reserves reserve study services for hoa. Mar, 2018 new reserve study software demo video fj strategic solutions inc. The industry leader in reserve management solutions a modern, endtoend approach to reserve study software and a global network of reserve analysts for the hoa, strata and timeshare industries. Projects the replacement costs in future year dollars and records these in a cash flow table that displays opening and closing balances in each fiscal year. Hoa cost management, budget, reserve study, hoa dues, cash. Oct 05, 2014 create an updatable reserves plan quickly for hundreds less this hoa reserve study excel spreadsheet template has all formulas set, so all you have to do is plug in your numbers to plan the next 10 or 30 years of income, expenses, and reserves for your condo association. Smartproperty features of a capital reserve program. Reserve study free software free download reserve study free. Reserve studies gab robins cmaa club insurance program. Reserve fund planning program real estate division ubc. A reserve study offers many benefits including a detailed listing of the assets, a comprehensive long term funding plan and a management tool.
Do you want to experiment with different numbers in order to see if you can reduce your monthly homeowner association fees. With a 20 and 30year forecast and yearbyyear snapshots, you can confidently track your historical costs and plan for your future. Simpifly condo association reserves simply condo reserves. Reserve study software hoa condo mccaffery reserve consulting. As the courses are noncredit, they do not likely quality for student loans, though students are encouraged to investigate these possibilities in their location. Only one other software product in the usa has reached this level of achievement.
Create your living capital reserve history today and throw away that budgeting crystal ball. Use our reserve study software learn about the diy reserve. 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. Reserve management software diversified facility services. Reserve study provider an individual that prepares reserve studies.