I volunteered for the Marine Corps right out of high school. I served for two and a half years until a training injury led to my medical discharge. While that was not the way I intended for my military career to end, I picked up many valuable leadership skills in my time serving and still carry them with me today. In addition, these skills have helped me successfully run my business.
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For California homeowner associations (HOAs), reserve studies aren’t just a good idea; they’re a legal requirement that serves as the foundation for long-term financial health and community preservation.
Homeowners’ associations face a delicate balancing act when it comes to funding reserves, and sometimes the financial burden can feel overwhelming—especially for those on fixed incomes. A recent question from a homeowner highlights a common dilemma many HOA residents face when boards must play financial catch-up.
If you’re a developer planning a new subdivision or condo project in California, you’ve likely heard about the DRE Public Report requirement. But understanding how long it takes and how much it costs can feel like a moving target. At California Builder Services, we’ve processed thousands of these reports, so here’s a straightforward guide to help you plan.
If you’re a developer, attorney, or consultant preparing a subdivision for sale in California, chances are you’ll need to prepare a Department of Real Estate (DRE) budget as part of the Final Public Report (FPR) application. This guide will walk you through what the California DRE expects in a compliant HOA budget, the common pitfalls to avoid, and how to streamline the approval process.
