The next two classes in the MMI Board Member Development Program will be offered on February 4, 2012 at the Holiday Inn Greenbelt.

At 10:15 AM, BMDP 202 – Reserves and Investing will introduce you to a professional reserve study and, more importantly, how to read it.  From there, we will examine investment vehicles appropriate for use by condominium and homeowner associations and the proper (and improper) use of reserves.  The concept of reserving for the future is the single most important aspect of community management that determines the ultimate success or failure of a community.

At 11:30 AM, BMDP 203 – Risk Management and Disaster Planning will help your board of directors understand the kinds of disaster we face and how we can best prepare to handle disaster, not if, but when it occurs.  While there are many types of potential disasters, there are common elements like loss of power or water damage.  Our residents look to the board and management much like they might look to FEMA and we need to rise to the occasion.  It’s not hard, but does require some thought.  We will give you the basics of how to develp a plan and we will discuss how to minimize the emotional and financial effects of disaster.

All course materials are included.  This venue has very limited seating.  Registration is on a first-come basis.  Register at www.AccessMMI.com/register.