Here’s the scenario: you’re creating a 50-lot gated community where the monthly dues will be $100 per lot. Here’s the problem: Once you begin selling homes, the HOA will begin collecting dues on all unsold lots.
You can pay monthly dues on all 50 lots until they’re all sold and eat into your profits or you can phase the project into smaller “marketing phases” during which you only pay dues on unsold lots within that marketing phase. Sounds great, right? But how many phases is the right number of phases to make economic sense?
Should you have 2 phases of 25 lots? Or 10 phases of 5 lots? Or go to the extreme: 50 phases of 1 lot each and never pay HOA dues!?!
Let me help you – here at California Builder Services, we have the team, the tools, and the experience to calculate this for you.
How do we do that, you may ask? With our proprietary Phasing Predictor software, we can effortlessly calculate the correct number of phases for your development, taking in all of the variables and ensuring you save the most money on your development. Best of all – this is a FREE value-added service for our clients!
No other DRE Consulting Firm does this for you – we are the one-stop-shop for your DRE and HOA needs. We handle the Public Report, the HOA Budget, and the Reserve Study preparation, all under one roof. This means faster, more accurate processing for you.
Call or email us to see how we can help save you time and money!