FJ Strategic’s innovative reserve study software simplifies the reserve study process, allowing even small boards to accomplish these critical objectives:
- Improve budgeting and forecasting accuracy
- Make better capital allocation decisions
- Prevent underfunding reserves
- Prevent or reduce “surprise” assessments
- Gain clarity into your HOA’s or condo association’s true financial condition
- Focus on strategic matters, not struggle with minutiae, like trying to track down your components.
- Improve fiduciary service standards
- Provide more control. Run scenarios at your leisure, rather than the outside consultant’s
FJ Strategic combines all the sophisticated financial analysis tools formerly available only to the consultants, and makes them available to you, the board members of small-to-medium-sized HOAs – and saves your owner/members thousands of dollars in the process.
With our secure, cloud-based platform you can:
- Create and compare current, threshold or full-funding cash flow models
- Easily input components using our upload interface and run batch updates, updating the remaing life of all components with one click
- Run up to five “what if” scenarios
- Create detailed capital reserve budgets
- Calculate “percent funded” and projected “percent funded” levels under different scenarios
- Generate reports and mandatory disclosures
- Improve compliance
- Change assessment amounts based on ratio of ownership interest or unit size
- Compare year-by-year snapshots of key metrics
- Generate 30-year expenditure projections
- Analyze inflation’s potential impact on your strategy so you can plan accordingly
Saving you thousands compared to what many HOAs spend on outside help.