Whether you are a member of your Homeowners Association’s board or are a property management professional tasked with revenue management, you know just how challenging it can be to manage a healthy and future looking reserve fund. Fortunately, an HOA...
A developer’s or owner’s construction budget should include an ample hard cost construction contingency. Accounting for hard costs is obvious to sophisticated owners, but the more difficult question is: “How much is enough?” To answer this questio...