Serving Metro Myrtle Beach
Reserve Studies in Myrtle Beach
Professional Reserve Study Services for Condominium Associations, Homeowners Associations (HOAs), Resorts, Commercial Properties, Municipalities, and Non-Profit Organizations in Myrtle Beach.
The Myrtle Beach area includes a diverse mix of oceanfront condominiums, homeowners associations, resort properties, golf communities, and commercial developments. From North Myrtle Beach and Little River to Carolina Forest, Surfside Beach, Garden City, Murrells Inlet, and communities throughout the Grand Strand, Global Solution Partners helps property owners and associations plan for major repairs and replacements through professional Reserve Studies and long-term capital planning.
The Grand Strand continues to experience residential and commercial growth, including new master-planned communities, condominium developments, coastal resorts, and commercial properties. At the same time, established buildings and exposure to salt air, humidity, heavy rainfall, and severe coastal weather create significant maintenance and capital-planning challenges. Association boards and property owners must prepare for the future repair and replacement of roofs, building exteriors, pavement, pools, elevators, mechanical systems, drainage infrastructure, and other major common-area assets.
Global Solution Partners provides professional Reserve Studies, Insurance Appraisals, Transition Studies, Property Condition Assessments (PCAs), and Engineering Services throughout Myrtle Beach and the surrounding Grand Strand. We assist homeowners associations, condominium associations, resorts, commercial properties, municipalities, and nonprofit organizations in developing practical reserve-funding strategies that protect property values, reduce the likelihood of unexpected special assessments, and support long-term financial stability.
What Is a Reserve Study?
A Reserve Study provides a long-term plan for the major common-area assets an association or property owner is responsible for maintaining. During the physical analysis, included components are evaluated for condition, remaining useful life, and anticipated repair or replacement needs. The financial analysis then projects future costs and recommends a funding approach to help prepare for those expenditures.
Depending on the property, a Reserve Study may include:
- Roofing systems
- Building exteriors and siding
- Exterior painting and finishes
- Asphalt roads and parking areas
- Concrete sidewalks and curbing
- Stormwater drainage systems
- Retaining walls
- Clubhouses and community buildings
- Swimming pools and pool equipment
- Tennis and pickleball courts
- Fitness centers
- Playgrounds
- Fencing and gates
- Security and access control systems
- Site lighting
- Irrigation systems
- Landscaping improvements
- HVAC systems serving common areas
- Electrical systems
- Plumbing systems serving common areas
- Elevators (where applicable)
- Fire protection systems
- Waterfront structures, docks, and marinas (where applicable)
Each included component is evaluated to estimate its remaining useful life, anticipated replacement timing, current replacement cost, and the recommended reserve contribution needed to help the association maintain adequate funding for future capital expenditures.
Understanding South Carolina Reserve Study Requirements
South Carolina law does not require homeowners’ associations (HOAs) or condominium associations to obtain a Reserve Study or maintain a specific level of reserve funding. Instead, reserve funding responsibilities are generally established by an association’s declaration, bylaws, covenants, and other governing documents. The primary laws governing community associations in South Carolina are the South Carolina Homeowners Association Act, the South Carolina Horizontal Property Act (for condominiums), and, for many associations, the South Carolina Nonprofit Corporation Act. These laws establish requirements for association governance, budgets, records, meetings, and financial administration, but they do not mandate Reserve Studies or minimum reserve fund balances.
For Myrtle Beach-area associations, the absence of a statewide Reserve Study requirement does not eliminate the need to plan for major repairs and replacements. Coastal exposure, aging condominium buildings, extensive amenities, private infrastructure, and rising construction costs can create significant long-term obligations. A current Reserve Study gives boards a documented basis for evaluating those needs and incorporating them into annual budgeting and long-range financial planning.
Conducting a professional Reserve Study demonstrates sound fiscal stewardship and helps association boards fulfill their fiduciary responsibility to properly maintain the community’s common assets while planning for future capital expenditures.
Why Myrtle Beach Associations Choose Global Solution Partners
Global Solution Partners brings extensive Reserve Study experience to condominium associations, homeowners associations, resorts, and other properties throughout the Myrtle Beach area and South Carolina. Our experience includes oceanfront condominiums exposed to demanding coastal conditions as well as inland communities responsible for clubhouses, pools, private roads, stormwater systems, recreational amenities, and other major shared assets.
Our team understands that reserve planning must reflect the property itself. Building age and construction, coastal exposure, maintenance history, amenities, infrastructure, and association responsibilities can all influence future capital needs.
Global Solution Partners has completed thousands of Reserve Studies throughout the United States. Every Reserve Study is overseen by a CAI Certified Reserve Specialist (RS) and prepared in accordance with the CAI National Reserve Study Standards, providing associations with reliable guidance for long-term capital planning and reserve funding.
Homeowners Association, Charleston, SC
Condo in North Myrtle Beach, SC
HOA in Hilton Head, SC
Reserve Study Experience in Myrtle Beach and South Carolina
Global Solution Partners provides Reserve Studies for condominium associations, homeowners associations (HOAs), resorts, commercial properties, municipalities, and nonprofit organizations throughout Myrtle Beach and the Grand Strand. Our experience includes coastal, inland, and resort communities requiring practical long-term capital planning for building systems, common-area amenities, infrastructure, and other major shared assets.
A few of our Myrtle Beach–area projects include:
- Sea Marsh II — North Myrtle Beach, SC
- Myrtle Beach Resort Horizontal Property Regime – Myrtle Beach, SC
- Oyster Bluff – Myrtle Beach, SC
- Carolina Ridge – Myrtle Beach, SC
- Pelican’s Landing – Myrtle Beach, SC
A few additional South Carolina projects include:
- Lake Forest — Hilton Head, SC
- Treetops/Ocean Breeze — Hilton Head Island, SC
- Riverbend — Charleston, SC
- One Hamlin Place — Mount Pleasant, SC
- Ralston Place Homeowners Association — Charleston, SC
- Earlewood Commons — Columbia, SC
- Pelham Oaks — Greenville, SC
- The Ravines at Woodridge — Spartanburg, SC
This statewide experience gives our team valuable insight into the planning needs of coastal properties, resort communities, condominium developments, and homeowners associations throughout South Carolina.
What South Carolina Associations and Managers Say About Global
See what community managers and board members have said about working with Global Solution Partners.
Service is great - would not change anything.
Everything was great! This is helpful for managers to bring to board meetings and use as a reference but not necessary since PDF's are provided via email.
I am a fan of Global. You have amazing service.
Property Types We Serve
Global Solution Partners provides professional Reserve Studies for a wide range of association, resort, commercial, municipal, and non-profit property types throughout the Myrtle Beach metro area.
Homeowners Associations and Condominium Associations
Global Solution Partners provides professional Reserve Studies for condominium associations, homeowners associations (HOAs), townhome communities, golf communities, and master-planned developments throughout Myrtle Beach, North Myrtle Beach, Carolina Forest, Conway, Little River, Surfside Beach, Garden City, Murrells Inlet, and the Grand Strand. Our studies evaluate major shared assets such as roofs, building exteriors, balconies, pavement, pools, clubhouses, drainage systems, and recreational amenities. We help association boards establish responsible reserve funding, prioritize future capital projects, reduce the risk of unexpected special assessments, and protect property values.
Resorts and Timeshare Properties
Myrtle Beach and the Grand Strand are home to a large concentration of resorts, oceanfront condominium properties, vacation ownership communities, golf resorts, hotels, and other hospitality developments. These properties often include extensive building systems, pools, recreational amenities, parking facilities, landscaping, and other assets that require coordinated long-term capital planning. We help owners, operators, and association boards anticipate major repairs and replacements, develop reliable capital budgets, maintain property quality, and preserve the guest experience. Global Solution Partners is proud to serve as a preferred Reserve Study vendor for Marriott Vacations Worldwide.
Commercial and Non-Profit Organizations
Global Solution Partners also provides Reserve Studies and capital planning services for commercial and nonprofit properties throughout Myrtle Beach and the surrounding Grand Strand. We serve office buildings, retail centers, mixed-use developments, commercial condominium associations, churches, schools, healthcare facilities, community organizations, and municipal properties. These properties may contain multiple buildings, specialized systems, parking areas, recreational facilities, and other assets requiring long-term maintenance. A facility Reserve Study helps organizational leaders document anticipated capital needs, support annual budgeting, establish funding priorities, and make informed decisions about future repairs and replacements.
Frequently Asked Questions
Does Myrtle Beach require Reserve Studies?
Myrtle Beach and Horry County do not impose separate Reserve Study requirements on condominium associations or homeowners associations. South Carolina law generally does not require associations to conduct a Reserve Study or maintain a specific level of reserve funding. However, an association’s governing documents may establish reserve requirements or other financial responsibilities, and boards should review those documents with qualified legal counsel.
Even when not legally required, a professional Reserve Study can help Myrtle Beach associations plan for major repairs and replacements, establish appropriate reserve contributions, and make informed long-term financial decisions.
Why are Reserve Studies especially important for Myrtle Beach coastal communities?
Condominium associations and HOAs throughout Myrtle Beach, North Myrtle Beach, Little River, Surfside Beach, Garden City, Murrells Inlet, and the Grand Strand face environmental conditions that can affect the useful life of common-area assets. Salt air, high humidity, intense sunlight, heavy rainfall, tropical storms, and hurricane exposure can be particularly demanding on coastal buildings and infrastructure.
Roofs, exterior coatings, balconies, railings, waterproofing systems, windows and doors, pools, pavement, drainage systems, boardwalks, docks, and other exposed components may require significant repairs or replacement over time. A Myrtle Beach Reserve Study helps associations anticipate these expenses and incorporate them into a long-term capital plan.
What types of Myrtle Beach properties can benefit from a Reserve Study?
The Grand Strand includes a wide variety of properties with significant shared assets and long-term maintenance responsibilities. Global Solution Partners prepares Reserve Studies for oceanfront and inland condominium associations, homeowners associations, townhome communities, master-planned developments, golf communities, resorts, vacation ownership properties, commercial properties, and nonprofit organizations.
The scope of each study is based on the property’s specific assets and maintenance responsibilities rather than a standard list of components.
How can a Reserve Study help a Myrtle Beach association plan for major expenses?
A Reserve Study evaluates major common-area components, estimates when significant repairs or replacements are likely to occur, and projects their costs. The financial analysis then helps the association develop a reserve-funding plan for those anticipated expenditures.
For Myrtle Beach communities with extensive amenities, aging buildings, or components exposed to coastal conditions, this long-range view can help boards coordinate capital projects, make more informed budget decisions, and reduce reliance on unexpected special assessments or borrowing.
How do Fannie Mae and Freddie Mac requirements affect condominium reserves?
Fannie Mae and Freddie Mac project eligibility requirements can affect how condominium associations’ reserve funding, deferred maintenance, structural conditions, and capital planning are evaluated during the mortgage lending process. Depending on the circumstances, Reserve Study documentation may be used as part of that evaluation.
Because these requirements continue to evolve, condominium boards and managers should review current guidance when considering how reserve funding and capital planning may affect unit financing.
Read more about Fannie Mae and Freddie Mac requirements.
How much does a Reserve Study cost in Myrtle Beach?
The cost of a Myrtle Beach Reserve Study depends on the property’s size, age, number of buildings, common-area components, amenities, available documentation, and overall complexity. An oceanfront condominium, large master-planned community, or resort property with extensive building systems and amenities may require a different scope than a smaller homeowners association.
Contact Global Solution Partners for a customized proposal based on your property.
How long does a Myrtle Beach Reserve Study take to complete?
Project timelines depend on the property’s size and complexity, document availability, and site-visit scheduling. Global Solution Partners strives to complete most Reserve Studies within approximately 30 days after receiving the necessary information and completing the property inspection.
Can a Reserve Study help reduce special assessments?
A Reserve Study cannot eliminate every unexpected expense, but it can help an association prepare for predictable major repairs and replacements before they become urgent. By identifying anticipated capital expenditures and establishing an appropriate funding plan, boards can reduce the likelihood and financial impact of future special assessments.
How often should a Myrtle Beach association update its Reserve Study?
A Reserve Study should be updated periodically as component conditions, replacement costs, completed projects, and reserve balances change. Updates are particularly useful after major capital projects or when a community experiences significant changes to its property or financial position. Regular updates help keep the association’s long-term capital plan aligned with current conditions rather than relying on outdated assumptions.
How do I request a Myrtle Beach Reserve Study proposal?
Contact Global Solution Partners with information about your property, including its Myrtle Beach-area location, number of units, building type, age, common-area amenities, and association maintenance responsibilities. Our team will review the property and provide a customized proposal for the appropriate Reserve Study scope.
Learn more about submitting your proposal with our Reserve Reel.
The Professionals Behind Your Reserve Study
Our Myrtle Beach reserve study team includes Professional Engineers (PEs), Reserve Specialists (RSs), and members with numerous other applicable specialty qualifications with experience serving condominium and homeowners associations throughout the state.
Phil Halpin, RS
Resorts Team Leader
Phil brings extensive experience in Reserve Studies for condominium associations, homeowners associations (HOAs), resorts, commercial properties, and mixed-use developments.
Sarah Eastridge, RS
Project Manager
Sarah manages Reserve Study projects for community associations, homeowners associations (HOAs), and condominium associations. She works closely with clients to keep projects on track, providing responsive communication and dependable support from start to finish.
Keith Ruehl, MBA, RS
Operations Team Leader
Keith leads Global Solution Partners' operations, helping ensure every Reserve Study is completed accurately and in accordance with industry best practices. Keith is a Reserve Specialist (RS), an MBA graduate, and an experienced construction professional.
Links to Local Organizations
The following organizations provide information, education, and support for community associations, board members, and property managers in the Myrtle Beach area.
- Community Associations Institute (CAI) – South Carolina Chapter
- South Carolina Department of Consumer Affairs – Homeowners Association Information
- South Carolina Legislature
- South Carolina Secretary of State
- South Carolina Department of Insurance
- Municipal Association of South Carolina
- South Carolina Association of Counties
