Forster Management Services
1. Reserve Study
A reserve study is composed of examining two distinct areas: funding and physical component analysis.
A reserve study specialist benchmarks existing common area component conditions while setting a long-term capital budget which identifies the current status of the reserve funds and offers a funding plan (generally 30 years) to offset ongoing depreciation/deterioration of common area components, resulting in sufficient funds when those anticipated major common area expenditures actually occur.
We offer the following reserve study services:
- Complete Reserve Study Update (which requires a previous reserve update) is customarily done in 3 year increments and includes both funding and physical component analysis. (Request A Quote...)
- Funding Analysis Update (which requires a previous reserve update) which is customarily done annually. (Request A Quote...)
2. Project Management
We offer a variety of Project Management services before or during a project undertaking. We specialize in working with management companies and Homeowner’s Associations in facilitating projects from scope to finish.