Understand what being in an HOA really means. Whether your role is a board member, manager, or owner - these are the challenges every HOA faces!
✅ Is a Reserve Study right for you? 👉 www.reservestudy.com/
We all know HOA life isn't for the faint of heart. Every homeowners' association faces an undeniable impact of challenges that are unique to community living. Today in Part 1 of our Reserve Study Basics webinar, we're sharing what those challenges are, who is involved at an HOA, how an HOA works, and why it's setup the way it is. This is especially important for every board member that needs to better understand the purpose of reserve funding.
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00:00 Intro
02:01 What is Living in a HOA?
02:42 The Role of the HOA Board
03:44 The Cause of Reserve Funding
04:52 The 3 Groups in an HOA
05:58 The Biggest Problem at HOAs
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