- The Federal Housing Administration and how they can lead to Reserve Disclosures.
- What Reserve Components are.
- What Life of a Project is.
“As a company executive, I’m always looking for the best service for our clients as well as business partners that provide my managers with quick and accurate responses. Barrera & Co. has always been available to provide fast turnaround reserve studies, respond to questions, and even update studies after non-planned funds have been identified and deposited to reserves.”
Tom Freeley | Executive Vice President, CACM Board Member Executive Vice President
“I have worked with many reserve companies over the last 20 years, and Barrera provides the absolute best value to my clients in fair pricing and flexibility. The quality of the information in their reports goes far beyond any others in the market today. They are so easy to understand that I often use them as training tools during Board orientations and staff training.”
Vicki MacHale | Executive Director, CCAM, CMCA ARK Management
“Barrera’s reserve software program has provided us with the best alternative to accomplish our task for calculation of proper funding of reserves. It is very user-friendly tool gives us real time Web-based access to asset information for budgeting purposes. The system allows us to make changes on the spot during meetings to show Board of Directors the bottom line financial impact of various reserve funding options.”
Kevin M. Bloom | CEO Aqua-Aston Resorts
“I have been working with Barrera and Company, Inc. for the last couple of years and they have always been helpful and quick to answer any questions. Last year, Damian met with us to answer any questions we had and helped educate us on the additional resources available with the online version. With every upgrade and improvement to the system, they take the time to educate you on what they have to offer!”
“As a manager, I have worked with Barrera on several resort and commercial condominium associations here in Hawaii, and I will be recommending them to several more, including my home association. It is easy for my boards to work with the reports provided, and it makes the budgeting process and property management much easier. We’ve had fewer surprises and no special assessments because we have a better understanding our reserve requirements.”
Susan Taraya PCAM
“We contracted Barrera and Company at a critical time when the association was facing major Re-construction work. They worked diligently coordinating with Board of Directors, construction manager and bank. Barrera developed and analyzed different scenarios by which the association could accomplish servicing a loan while at the same time maintaining adequate reserve funding, with reasonable regular assessment increases and a minimal special assessment. As a result we were able to accomplish what no other association in its category was able to do in a major reconstruction effort, and that is to offer to its homeowners almost 100% financing with only a minimal special assessment. We could not have done it without Barrera and Company.
We contracted with Barrera & Company at a critical time when the association was facing major reconstruction work. As a result we were able to accomplish what no other association in its category was able to do in a major reconstruction effort, and that is to offer to its homeowners almost 100 financing with only a minimal special assessment. We could not have done it without Barrera & Company.”
Board of Directors Isle Cove Homeowners Association
“How can I thank you? Due to your understanding, diligent efforts, and role as educator you have succeeded in making this budget season less hectic. Although your other clients’ requests are many, you have responded in a most timely way to my concerns. I will work on getting the prelims and budgets approved at the same time to eliminate the back and forth and the urgent appeals. You far exceed other reserve analysis (other companies), it’s like pulling teeth to get their support. Thanks again!”
Steward Property Services
““Barrera and Company is the best in the Reserve Analyst field. They are reliable, thorough, and always going the extra step to meet with the Boards or explain things to the manager. Reasonably priced and patient with those who need a better understanding of how a Reserve Study works and how to use it.”
“I recently had a positive experience working with Barrera & Company on a Reserve Study for one of my Associations. Damian and Chris exemplified great attention to detail and a genuine eagerness to help the Board understand the study itself and the importance of saving for the future.”
“Barrera & Company recently completed our three-year on site reserve study after taking over from a previous vendor. I found that the worked efficiently in doing the study and timely which helped us to have a thorough presentation for our annual meeting. The main principals of the company came to our annual meeting and were of immense help in reviewing our results and answering questions from the membership.
A big benefit of their service is the ability to make use of their software that the client can operate to run through various scenarios such as contribution levels to justify dues increases or to show the impact of the timing of various repair projects.
They are a well-qualified company and I am confident your experience will be as successful as ours.”
Treasurer University Canyon West HOA