RDA Arizona, LLC
A Reserve Data Analysis Company
Timeshare & Resort Reserve Study
RDA gives resort properties one less thing to worry about.
The Advantages of a Resort Reserve Study
Resort properties maintain a multitude of structures, facilities, and components to give visitors and members the best possible experience. While these structures and elements require routine maintenance, there will eventually come a time when they will require major repairs or replacements. The budget for these repairs or replacements is often difficult to determine without a full study.
A resort reserve analysis helps such properties identify the level of funding they need to meet major expenditures. This analysis includes an evaluation of the resort’s components and current funding balance, which are then used for resort capital planning. At its core, a reserve study tells you how much money you need in your reserves at any point in time and how much you need to deposit in your reserve account to maintain the correct funding level.
Without a reserve study, a resort property would have no way of knowing whether or not its reserves are adequately funded. Faced with a major repair or replacement cost, a resort would have no other choice but to take out a loan or seek other funding options.
The RDA Report
Reserve Data Analysis provides each client with an RDA report as part of our reserve study service.
Our report includes the following:
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A comprehensive analysis of the client’s operating guidelines and the governing documents to determine the extent of the client’s maintenance and reserve obligations;
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A detailed inventory of all assets that fall under the client’s responsibility (for on-site inspections);
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Detailed reports for each asset;
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A summary of assets by category;
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Distribution of accumulated reserves report;
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Required monthly contribution report; and,
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Thirty-year projections.
All of our reports are created using localized cost guides as well as economic and investment parameters. Throughout the process, all of our clients receive our full commitment and care. Our complete support and guidance continue through the entire year, so you can get in touch with us for any questions or concerns about budgeting and long-term planning.
Levels of Service Available
Reserve Data Analysis offers four levels of service for vacation resort reserve studies. All levels come with the following:
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An evaluation of remaining life and replacement costs for all components;
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A detailed RDA report with an owner’s summary, budgeting charts, precise measurements of structures, and pictures of every component;
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Help with determining the right funding strategy for your resort;
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A one-hour free consultation and Q&A with board members;
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One free revision of your report; and,
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Live support from our corporate office.
Level 1 Inspection - Full Reserve Study
This level of service comes with a physical on-site walkthrough of your resort to determine the condition of your components and to take precise measurements.
Level 2 Inspection - Update With Site Inspection
This level of service comes with a physical on-site walkthrough of your resort to determine the condition of your components, but there are no measurements taken
Level 3 Inspection - Update Without Site Inspection
This level of service does not include a site visit or inspection but comes with a readjustment of your funding plan using your prior resort reserve fund study calculations to compensate for such things as inflation, price hikes on materials, investments, and yields on your investments.
Level 4 Inspection - DIY
This level of service does not include a site visit or inspection. Instead, you can save money and learn about your resort by conducting the inspection yourself. It includes a step-by-step guide through the collection process of components and measurements. Using the data you’ve collected, our corporate office compiles your measurements and validates your information to ensure no costly mistakes.