Highrise Condo Reserve Study

Your reserve study format and presentation are great. The excel file greatly facilitates "what if" and adjustments. A wonderful compliment!

I met with a representative I had worked with once before, last year. Due to a scheduling conflict, we weren't able to meet on-site, but he made the effort to come to my office for a sit-down meeting. During our conversation, I reflected on the high level of discussion and information sharing we had during our previous engagement.

Compared to other recent reserve studies I’ve done with different companies, where the visits were limited to quick hellos and goodbyes, followed by cluttered reports that neither I nor my Boards found helpful, this was a completely different experience. I was extremely impressed with the depth of the discussion he led. We covered property usage, Board preferences, the history of past projects, and a detailed review of the financial documents. The meeting lasted about an hour and was exceptionally productive.

After reviewing this with the board last night, they are very happy with the product and did not request any edits!

I have been using Building Reserves for Reserve Studies for the last 5 years and I have been really happy with the results. This is the Reserve Study company I swear by! 

Just a quick note to let you know that the board at Marine Terminal Lofts in Milwaukee has been very pleased with the work and responsiveness of Andrew Herland and Brittany Eggert. While we still need to get final numbers to them for a few of the upgrades we’re planning, they’ve provided excellent customer service and attention to detail. They’ve always treated us with respect and provided us with options when we grappled with how to rollout a special assessment. Andrew is so kind and makes us feel valued.

Thanks for putting together a great team!

I want to thank you again for your extended time on the phone with me today. I truly do appreciate your taking the time to go over the Reserve Study for Tree Top III Condo Project, and for explaining in detail the information provided on the study. You were extremely helpful!

We were impressed by the structure of your single page component reports, the Priority Chart, and the format and flexibility of the reserve reporting.  Also, your pricing was competitive.

We finally have a professional idea of how we need to plan for our financial future. I will encourage future boards to continue working with Building Reserves.

Our reserve study clearly gave the Board of Directors a map of which assets needed to be addressed and a structured plan on how to achieve those goals. The final report provides a clear and concise plan on how to best proceed to increase the value of all units in the condo association and get a larger return on investment.

We intend to use the reserve study as the basic planning document for setting annual reserve contributions. The report allows us the ability to track specific assets to the annual cash flow and associated reserve contributions. The support provided by Building Reserves was extraordinary and very helpful