Why Most HOAs in Colorado Aren’t Financially Ready скачать в хорошем качестве

Why Most HOAs in Colorado Aren’t Financially Ready

Colorado HOAs and condo boards are facing growing financial risks — deferred maintenance leads to costly special assessments. In this video, Joe Braun, founder of Solume, explains how reserve studies and capital reserve planning help communities stay financially prepared even when state laws are weak. Whether you’re a board member, property manager, or homeowner, this breakdown shows why planning ahead isn’t optional; it’s essential. Learn how Colorado’s weather and environment quietly erode infrastructure, how some communities ignored it until a $20,000 special assessment became a wake-up call, and what your board can do right now to protect your community. Read the full blog on Colorado HOA and Condo laws here: https://www.solume.com/blog/colorado-... Have a question or want your state covered next? Leave a comment below. Like, subscribe, and share this with your HOA board to help them avoid costly mistakes. CHAPTERS 00:00 — Why Colorado’s HOA laws are weak (and why that matters) 01:02 — Colorado’s hidden threats: freeze-thaw, shifting soil, and foundation issues 02:13 — How small deferrals become big financial problems 03:44 — Why planning now prevents painful assessments later 04:06 — What “adequate reserves” actually means under the Colorado Common Interest Ownership Act (CCIOA) 05:23 — What other states (Florida, California) are doing differently 06:09 — Colorado’s weather problem: freeze-thaw, expansive soils, and inflation 07:00 — The Soaring Eagles Townhomes story — when lack of reserves becomes a crisis 08:40 — Everyday examples: pool decks, HVAC systems, and long-term costs 09:01 — What a professional reserve study includes (and how it works) 10:20 — Why boards need better tools than spreadsheets 10:53 — How Solume helps boards manage long-term financial plans 11:24 — Deferred maintenance always costs more 11:59 — Closing thoughts and how to get started