PRA Blog/Articles

HOA/POA Reserve Special Assessment

Thursday May 5, 2011 | by PRA Administrator

Association (HOAs/POAs) owners elect a board of directors to deal with the association's business. These elected board members have a fiduciary responsibility to perform due diligence in protecting the association's assets and in turn the market value of the owners' homes. (Continued…)

Veteran Timeshare Professional Creates Premier Internet Based Reserves Management Software

Thursday May 5, 2011 | by PRA Administrator

One of the most important challenges of the timeshare product is being able to maintain a resort in its original condition, years and years after its initial development and repeated use by thousands of returning vacationers. Annual maintenance fees and the implementation of a carefully crafted reserve management plan have helped extend the lifetime of many properties. (Continued…)

Sample Reserve Item List

Thursday May 5, 2011 | by PRA Administrator

(Continued…)

HOA/POA Reserve Management: Simplify the Plan

Wednesday March 10, 2010 | by PRA Administrator

Marketing and Sales are paramount to success in the Vacation Ownership Industry. Without them there are no revenues, let alone a business. But for them to be prosperous there has to be a product of value and a Dream. Buyers need to be enticed from the beginning and to be assured that their Dream will always be fulfilled. (Continued…)

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Setting up reserve studies for our new projects looked like a monumental task. However, with the PRA System, it was achieved with relative ease. I now have a system that can be managed effectively without enormous amounts of input.

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