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Reserve Study Companies in Honolulu

Oahu’s condominiums are concentrated in high-rise towers, Hawaii law ties the budget to a reserve study, and older towers face a city fire safety requirement on top. 1 firm is based in the Honolulu area, 4 more work in Hawaii, and 7 national firms cover it.

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Associations in the Honolulu area

The City and County of Honolulu covers all of Oahu. Its condominiums are concentrated in towers in Waikiki, Kakaako, Ala Moana, Makiki and downtown, many of them built in the 1960s and 1970s, with low-rise and townhome associations in Kailua, Kaneohe, Mililani, Ewa and Kapolei.

Fire safety for older high-rises

After the 2017 fire at the Marco Polo building, Honolulu adopted an ordinance requiring older residential high-rises without automatic sprinklers to complete a life safety evaluation and either reach a passing score or install sprinklers. Hawaii law separately requires associations to budget from a reserve study and to fund at least the statutory share of estimated replacement reserves (HRS 514B-148). Sprinkler retrofits, concrete spalling repair and plumbing replacement in older towers are among the largest reserve items on the island.

1

firm on our list with an office in the Honolulu area.

12

firms on our list state that they work in Hawaii, national firms included.

every 3 years

is the Hawaii study cycle in statute.

Firms based in the Honolulu area

Facts read from each firm's website or a public register. No ratings, no paid placements.

Reserve study firms based in the Honolulu area
FirmBased inWorks inCredentials statedServices
Vertical Hawaii Home Inspections & Reserve Studiesverticalhi.comHonolulu, HIHawaiiNot statedreserve study

Other firms working in Hawaii

Based elsewhere, and stating on their own sites that they work in Hawaii.

Reserve study firms serving Hawaii
FirmBased inWorks inCredentials statedServices
A Reserve Consulting Companyareservecompany.comSan Diego, CA6 states, including HawaiiNot statedreserve study, capital planning
Hawaii Inspection Grouphawaiiinspectiongroup.comNot statedHawaiiNot statedreserve study
McCaffery Reserve Consultingmccafferyreserveconsulting.comNot statedCalifornia, Colorado, Nevada, HawaiiNot statedreserve study
Reserve Data Analystreservedataanalyst.comNot stated7 states, including HawaiiRSreserve study

National firms

Each states on its own site that it works in all fifty states.

National reserve study firms serving Honolulu
FirmBased inWorks inCredentials statedServices
Apex Reserve Groupapexreservegroup.comIrvine, CAAll 50 statesNot statedreserve study
Association Reservesreservestudy.comNot statedAll 50 statesRS, PEreserve study
Global Solution Partnersglobalsolutionpartners.comNot statedAll 50 statesRS, PEreserve study, SIRS, insurance appraisal, transition study, capital planning
MillerDodson Associatesmillerdodson.comAnnapolis, MDAll 50 statesNot statedreserve study, transition study
Reserve Advisorsreserveadvisors.comMilwaukee, WIAll 50 statesNot statedreserve study, SIRS, insurance appraisal
Reserve Data Analysisreservedataanalysis.comNot statedAll 50 statesNot statedreserve study, SIRS
The Falcon Groupthefalcongroup.usWarren, NJAll 50 statesRS, PRAreserve study, SIRS, transition study, capital planning

Distance and the fee in Honolulu

Only a few firms on our list are based on Oahu; mainland firms fly in and usually group several associations into one trip. Ask whether airfare and lodging are inside the fee or billed on top, and expect neighbor island associations to pay for inter-island travel.

Proposals from firms in different cities will differ on the level of service and the travel line before they differ on the fee. Comparing proposals sets out what to read first, and the firms near you page explains how distance is priced.

More in Hawaii

Tell us the association's ZIP code and size and we will find a firm that works in Honolulu.

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What Hawaii law says

Hawaii is one of the states that writes a reserve study into law. Under HRS 514B-148, associations must have a study budget based on a reserve study; an association-prepared study must be reviewed by an independent preparer at least every 3 years; the rule applies to condominium associations.

The statute also says who may do the work: An independent reserve study preparer with an industry reserve study certification (for review of in-house studies). Ask a firm to confirm, in its proposal, that the person signing the report meets that test.

On disclosure: Budget summary shows reserve balance, estimated assessments and method, omitted components, 30-year plan increases, and whether a percent-funded or cash flow plan is used; preparer identity and conflicts disclosed.

CAI June 2026 summary reports small associations (under 20 units, two stories or less) may waive once.

Must fund at least 50 percent of estimated replacement reserves (100 percent under a cash flow plan); separate reserves for parts over $10,000. Owners may sue to enforce.

General information checked against the statute, not legal advice. Governing documents can require more than the law does.

Questions from boards in Honolulu

How much must a Hawaii association fund its reserves?

HRS 514B-148 requires the budget to be based on a reserve study and reserves to be funded at least to the statutory minimum: 50 percent of the estimated replacement reserves, or 100 percent under a cash flow plan. The text is on the Hawaii Legislature’s site.

Can our board prepare its own reserve study?

Hawaii allows an association-prepared study, but it must be reviewed by an independent reserve study preparer with an industry certification at least every three years. Most towers hire a firm for the full study.

Is a reserve study required in Hawaii?

Hawaii law requires a reserve study: budget based on a reserve study; an association-prepared study must be reviewed by an independent preparer at least every 3 years (HRS 514B-148). The text is on the legislature's site.

What does a reserve study cost in Honolulu?

Firms price each association by the work, not the city: buildings, component count, level of service and travel. A community of 50 to 150 units usually pays $2,000 to $8,000 for a full study with a site visit, and an update with a visit is about 50 to 80 percent of a full study. The cost page has the estimator.

Where this information comes from

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