Arizona Reserve Studies
Facilities Advisors has been preparing reserve studies in Arizona since 1999. We have worked with condominium, homeowners, and timeshare associations in The Phoenix area, including Tempe, Mesa, Scottsdale, and also in Sedona, Lake Havasu, and Tucson.
1) The FAI team wrote the book on reserve studies, the most comprehensive analysis ever made of this topic - "Reserve Studies - The Complete Guide"
2) The FAI team wrote the universally recognized standards for reserve studies for the International Capital Budgeting Institute (ICBI) - Generally Accepted Reserve Study Standards - Facilities Advisors CEO Gary Porter is also president of ICBI
3) Our Facilities 7 internet-based software has been certified by ICBI and tested by an independent CPA firm.
The primary benefit to you of selecting Facilities Advisors International for your reserve study is that we are the ONLY reserve study company to possess all three of the primary skillsets required in the reserve study process. Most reserve study companies possess only one skill, and that is in the evaluation of physical components. We've taken that skillset higher, as our team includes a Facilities Managament Professional (FMP), a licensed contractor, and construction manager. But, Facilities Advisors also has two more skills necessary to the reserve study process that our competitors don't have. Our team includes an individual who was a partner in a public (insurance) adjusting company who adjusted association insurance claims totalling millions of dollars. That's a valuation/pricing skill others don't have. One team member is a CPA, so our entire team has been coached in the financial modeling and report presentation skills that others don't have.
Competitive fees - Our cutting edge technology allows us to capture data while onsite using a tablet comuter and our proprietary data capture software. This makes our services more efficient, and we pass that savings on to you.
Responsiveness - We listen to your needs. We will make any requested changes to your report, as long as such changes do not violate the integrity of the report and funding plan.
Easy-to-understand reports - We follow the ICBI standards in reporting, which means you get the information you need, and in an easy-to-understand format. We focus on telling you where you're at now, and showing you the 30-year plan to provide funding for your future expenditures. Our reports give you the information you need to (1) prepare your budget, and (2) communicate summary in formation to your board of directors and members.
Internet-based software - None of our competitors can match our internet-based software for power, accuracy, or ability to keep information updated. This is the software we use to prepare your reserve study, and we turn it over to you for a one year license agreement as part of our service. You can update information yourself ans things change over time. This allows you to keep your reserve plan up-to-date, and save money in the future by (1) proactively planning reserve projects, and (2) minimizing future reserve study costs based on your update of component information.
Call us today for a free proposal. (602) 698-0905 or (877) 304-6700.
You win with our unique approach to reserve studies; competitive fees, easy-to-read reports, a component structure tailored to YOUR association, and access to our internet-based software. This is not just an Excel workbook, we give you access to the same software we use to perform your reserve study - the most powerful software in the industry, which has been tested by an independent CPA firm for accuracy of calculations. We work WITH our clients to help you achieve the best outcome.
Send us the RFP form for a free proposal.