INVEST IN YOUR ASSOCIATIONS FUTURE

By Rafael Aquino

Published July 27, 2022  

 

This year will be very interesting for associations that don't have reserves or have minimal reserves. I say this because if you are in either of these situations, you should have a conversation with your Board and members about the new requirements just passed for Structural Integrity Reserves.

 

So how do you know what you should put away for each item? In my opinion, you should obtain, at the minimum, a reserve study from a reserve specialist. I say this because, at the moment, most engineers and/or architects are still figuring out the process; however, as an association, you shouldn't wait till it's all ironed out to make a decision. The cost of a reserve study is fractional compared to its value, giving you a baseline of what you should be putting away. To clarify, getting a reserve study will not make you compliant with the new law, but it will provide you with the data necessary to understand where you stand with your reserves.

 

Waiting until the last minute is not the way to move forward; look at where it's gotten us. The right thing to do if you are a Board Member or a manager is to communicate with data and specific as to the responsibility you have to the association and its residents. If you don't have the data points, it will be challenging for the residents to understand your direction.   

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As the Co-Founder and CEO of Affinity Management Services, Rafael P. Aquino leads his team to redefine excellence. They serve community   associations   efficiently

and effectively with dedication and passion. Rafael’s energy and positive spirit is the foundation of Affinity Management Services’ company culture, which instills enthusiasm and excitement when providing expert advice to its board members and relieving the day-to-day burdens of running a community association.

 

Since 2007, Rafael has developed a work culture that values responsive and high-quality services. He has led his team by following a proactive vs reactive philosophy. The same approach Rafael instills in the day to day operations of each association. Today, Affinity Management Services maintains its success and benefits as a result of the foundation Rafael has built and continues to foster by providing educational seminars, continuing education classes for association managers and board members alike.


Rafael and his team help condominium and homeowners’ associations save money and improve their communities. His calm, personable, and service-oriented nature helps him to establish strong relationships with ease. Rafael is known as a sincere and honest leader who looks out for the best interests of his clients and communities, and he strongly advocates for their needs. His role requires coordination and communication, as such he takes logical and intelligent steps to approach challenges head-on.


As a graduate of Florida International University’s electrical engineering program and a licensed community association manager, Rafael’s education and skills equip him with unique insights to tackle complex problems through critical thinking. He understands how each component within a system works together in order to effectively arrive at solutions, techniques, and conclusions. Therefore, as he manages the multiple challenges of running a community association management company, he understands how each property is its own unique system and tailors’ specific services to assure that all their needs are met.

For more information about Rafael P. Aquino and Affinity Management Services please visit www.ManagedByAffinity.com or call 1-800-977-6279

Doral Office: 8200 NW 41st ST

Suite 200

Doral, FL 33166

Broward Office: 150 S Pine Island RD Suite 300

Plantation, FL 33324

O: 800-977-6279 ● F: 305-325-4053

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