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031 | HOA Q&A With Robert Nordlund

EPISODE · Nov 27, 2023 · 32 MIN

031 | HOA Q&A With Robert Nordlund

from HOA Insights: Common Sense for Common Areas · host Hosts: Robert Nordlund, Kevin Davis, Julie Adamen

Send us Fan MailRobert Nordlund answers key HOA queries on reserve funding.❗Join our LIVE Podcast April 1st 2024 on Youtube! 👉  https://www.youtube.com/watch?v=24KbKsKyoNY✅ Is a Reserve Study right for you? 👉 https://www.reservestudy.com/ Join Robert Nordlund in a vital Q&A session focused on HOA management and reserve funding. This episode is packed with information critical for HOA board members, from maintaining financial health to ensuring sustainable operations in community associations. Learn about the nuances of budgeting, legal responsibilities, and effective governance directly from a seasoned expert. This discussion is tailored to empower those leading HOA governance, offering practical advice and insights. Chapters from today's episode: HOA Q&A With Robert Nordlund 00:00 Remember Your Job on the HOA  01:09 Intro to Q&A Episode 03:01 Why Fund HOA Reserves At All?  12:39 Operating vs Reserves 15:07 How do you pay for a Reserve Study?  16:45 Does a well funded reserve account make any difference in home values?  20:13 Ad Break - Association Reserves 20:44  What if homeowners don’t want to fund HOA Reserves on a regular basis?  24:25 Why should you trust a Reserve Study 26:32 Florida Reserve Study Questions 27:44 How to deal with big unplanned expenses?Podcast Links:Full Episode ListWatch On YoutubeEngage in the conversation!Call our 24/7 voicemail line at (805) 203-3130 or send an email or voice memo to [email protected] yourself or a Board Hero you Know!Board Hero NominationsBoardmember Merch Store!Connect with Hosts on LinkedInJulie AdamenKevin Davis, CIRMSRobert Nordlund, PESupport Our SponsorsAssociation Insights & MarketplaceAssociation ReservesCommunity FinancialsKevin Davis Insurance ServicesStoke Light Video & MarketingThe Inspectors of Election

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031 | HOA Q&A With Robert Nordlund

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