ABOUT US
Reserve Studies Incorporated
Since 1991, our team has succeeded in understanding the needs of the industry and creating reliable reports to serve them all.
RSI is a full-service, property-consulting company as well as a premier Reserve Study provider. Services offered include Reserve Studies, litigation support, property inspection, cost estimation, and budget analysis for residential and commercial developments as well as educational facilities and religious institutions.
RSI was established in 1991 when its founders recognized the three essential skills that are necessary to develop a reliable Reserve Study. These three skills—field inspection, cost estimating, and financial analysis—when performed by RSI’s professionally trained staff, result in a comprehensive report that portrays the current physical and financial conditions as well as the future needs of a property. RSI has the reputation of providing a quality product and for exceeding its clients’ expectations. We are one of the largest providers of Reserve Studies in the Western United States.
Scott Clements
RS, PRA, CMI
Scott Clements is Chief Executive Officer of Reserve Studies Inc. Mr. Clements has a long and distinguished career in Reserve Studies and building inspection and analysis. He has personally performed over 5,000 thousand property inspections, including services for reserve funding analysis, property purchase, construction defect litigation support, and cost estimation. He is the former Director of Technical Training and Support for the nation’s largest home inspection franchiser, AmeriSpec Inc. He has obtained multiple certifications in reserve analysis and residential and commercial building inspection.
Prior to purchasing an interest in RSI, Mr. Clements was Vice President of Inspectech Corporation—the West Coast’s largest property inspection company—with over 100 inspectors in 5 states. His five-year career in senior management included an increasing level of responsibilities. He developed inspector training, education, and certification curriculums, directed company product offerings as well as quality control programs. He developed and managed the company’s Risk Management Department; the first of its kind in the industry. He managed in-house and out-sourced legal services, directed the Sales & Marketing Departments, and served as Regional Manager for the Northwest Region where he supervised all company operations. Additionally, he served as the company’s industry analyst for the Mergers & Acquisition Department.
During his career in building inspection, he was elected twice by his peers and served two non-consecutive terms as President of the then 700 member California Real Estate Inspection Association, and is the recipient of its John Daley Award, the highest honor bestowed upon a member.
He served as co-Chairperson of the California Coalition of Home Inspectors, an industry advocate group in Sacramento representing three professional associations and over 2,000 members. He was awarded Chairman Emeritus status upon retiring from the industry in 2000.
Since entering the Reserve Analysis industry, Mr. Clements has authored numerous articles for real estate-related publications, including Community Associations Institute (CAI), the California Association of Community Managers (CACM) and the Orange County Association of Realtors (OCAR).
He has served as a CAI Board Member for the Greater Inland Empire Chapter, and on multiple CAI and CACM committees, including current appointments on the CAI-OC Education Committee, and a 19-year member of CACM Faculty. He is the co-author of the CACM Education Programs “Reserves: What, Why & How” and “Strategic Financial Planning”.
He and the Orange County Chapter were recognized by CAI National with their Community Outreach Award for his work with the real estate industry. He has been recognized as both Educator of the Year and Author of the Year by CAI Orange County and has been recognized with a Vision Award for Excellence in Service from the California Association of Community Managers.
Les Weinberg
RS, MBA
Les Weinberg is a co-founder of Reserve Studies Incorporated. He has over 48 years’ experience in budgeting, financial modeling, taxation and audits. He obtained his Master of Business Administration (MBA) degree from Loyola Marymount University and a Bachelor of Science degree in Accounting from California State University at Northridge. In addition, he has achieved the designation of Reserve Specialist (RS) and Educated Business Partner (EBP) from Community Associations Institute (CAI).
Mr. Weinberg is a nationally recognized pioneer in the reserve industry, having co-founded one of the earliest firms servicing the common interest development community, Reserve Studies Inc., in 1991. He was instrumental in developing the standard of care recognized by CAI and the Association of Professional Reserve Analysts (APRA), and considered one of the most experienced practitioners, having personally produced over 15,000 Reserve Studies.
As an active member of CAI throughout his career, he has been elected by his peers as a Board Member for its Channel Islands and Greater Los Angeles Area Chapters, served in various appointed positions, and on numerous committees for the organization. He is an accomplished expert witness in the fields of Reserve Studies, property management, and real estate sales & finance.
An industry award-winning author, and popular speaker, he is a regular presenter and advisor to property ownership groups, Community Managers, Reserve Analysts, and financial planners.