Why Most HOAs in Colorado Aren’t Financially Ready

Описание: 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-...

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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