Facilities Advisors, Inc. focuses on creating integrated reserve management plans that serve as dynamic management tools, unlike traditional reserve studies which are merely compliance documents. Their approach utilizes advanced internet-based software that provides comprehensive data analysis and location tracking, empowering associations to manage their reserves more effectively. This system not only helps reduce long-term maintenance costs but also enables updates and better budgeting for repairs and replacements.

1. Reserve Studies for AssociationsReserve Studies for Associations
Reserve Management PlansReserve Management Plans
vs.vs.
Paper Reserve StudiesPaper Reserve Studies
Facilities Advisors, Inc.
The name you can count on
www.reservestudyusa.com
(877) 304-6700

2. Facilities Advisors, Inc. (FAI)Facilities Advisors, Inc. (FAI)
Working with associations to create complete,
integrated, reserve management plans.
Your reserve study should be simply a byproduct of a
well designed reserve management plan involving
association management, outside maintenance service
providers, and the reserve professional.

3. How is a reserve management planHow is a reserve management plan
from FAI different from reservefrom FAI different from reserve
studies from other companies?studies from other companies?
In essence, the basic approach of a reserve
management plan is different.
The reserve management plan doesn’t view the
reserve study as the end product – rather, it is a
management tool that is part of your facilities
maintenance plan

4. Other reserve companies and theirOther reserve companies and their
traditional paper reserve studytraditional paper reserve study
 Give you the minimum you need to meet statutory or
budget reserve requirements (because that’s what you
asked for, and that’s all they can provide)
 Want to continue providing you with expensive
periodic site “inspections” (because that’s how they
make money)

5. FAI and the reserve managementFAI and the reserve management
plan approachplan approach
 Helps you establish a dynamic reserve management
plan (because that’s what you really should have)
 Empowers you to manage your own affairs and rely
less upon outside consultants
 Helps you spend less money for better results over the
long term

6. The traditional reserve studyThe traditional reserve study
approach used by other companiesapproach used by other companies
 Relies on Excel type spreadsheet technology using
primitive “flat file” database formats
 Provides 1 Category and 1 Component level only
 Has no ability to create detailed information at
additional data levels
 No or limited location tracking
 Produce paper reports only – that are outdated even
before they are printed

7. The FAI andThe FAI and Facilities 7Facilities 7 approachapproach
 Uses powerful internet-based software
 Facilities 7 dynamic software puts you in control
 3 category and 2 component levels data structure allows
for complete analysis of your components
 Multiple data levels allow you to view summary data
only, or extremely detailed information
 Location tracking so you can “find” any component
with a “virtual walkthrough” of your site

8. You can’t manage what you can’t see!You can’t manage what you can’t see!
• Facilities 7 software gives you the power to work with
summary (condensed) data when you want to, and with
detailed information when you need to.
• Summary reports provide for better comprehension
• Detailed information is necessary for proper
implementation of the reserve management plan
• Only Facilities 7 software gives you both summary and
detailed information capability

9. Facilities Advisors, Inc. usingFacilities Advisors, Inc. using
Facilities 7Facilities 7 software, compilessoftware, compiles
your association componentyour association component
inventory on a location basis, soinventory on a location basis, so
you can track components toyou can track components to
each location, and KNOW thateach location, and KNOW that
each component is accounted foreach component is accounted for

10. We compile your component inventoryWe compile your component inventory
with the end goal in mind. We workwith the end goal in mind. We work
with you to:with you to:
 Establish appropriate policies that put YOU in control
of the reserve study
 Identify locations using your terminology, not ours
 Describe categories, components, and assets using
your terminology
 Give you a dynamic system that you can keep updated

11. Building the funding planBuilding the funding plan
Facilities 7 software lets you construct a future funding plan

12. The benefits of a reserve study byThe benefits of a reserve study by
Facilities Advisors, Inc. usingFacilities Advisors, Inc. using
Facilities 7Facilities 7 softwaresoftware
 Thorough, detailed reserve study you can actually use
as a management tool
 Dynamic budgeting tool that you can update as expend
funds for major repairs and replacements
 Lower long-term maintenance costs from better
maintenance scheduling and reduced costs for updated
site inspections