BC is introducing the biggest changes to strata regulations I have seen in over two decades of helping strata owners manage their building assets.
For many years we have offered what we call “predictive analysis” of strata buildings. Predictive analysis is a proprietary method that helps strata councils determine the best strategies for their reserves funding.
Articles
We See Through Walls – The Magic of Thermal Imaging
Definition: Thermal imaging is simply the process of converting infrared (IR) radiation (heat) into visible images that depict the spatial distribution of temperature differences in a scene viewed by a thermal camera. In layman’s terms, and at CSFTS, we use a thermal Imaging camera to pinpoint where undrained water is lying in wait to cause damage
We Help You See The Future: Using Predictive Analysis to Protect Stakeholders
We Help You See the Future Predictive Analysis! Never heard that term before? Maybe that’s because we invented it as a means of demonstrating cost and effort savings in the Management of your multi-family property. And we did that based on our experience watching Property stakeholders (Owners, Managers, Council Members) scramble to do repairs AFTER
Your Time, Your Life: Sometimes That’s not the Case in a Strata or Condo Home
So, you’re the proud owner of a Strata dwelling; or you’re responsible for managing a Strata dwelling; or perhaps you sit on Council for one. Regardless of your role, you have a vested interest in wanting maintenance and repair to be a natural and stress-free part of your day-to-day life. You might think that maintenance
Eyes Wide Shut
Ever bought a used car? Remember that moment of intense hesitation as the salesman went on about how the car was only driven by an elderly lady on Sundays to church and back? And was that the same car that eventually cost you both arms and one leg to keep it running? What did you
Reducing the Risk of Reckless Reconstitution:
Since COVID, headlines have appeared regularly about the challenges strata organizations have finding affordable coverage for their property. Some have even called for governments to intervene. We believe that if you understand how insurers look at your property, you can present your business case in a favourable way and obtain insurance at reasonable rates. We
Your Time Machine: Reducing Your Time Commitment While Bridging Today’s Strata to its Desired Tomorrow.
The Work of a Strata and Home Owner Associations (HOA) Manager, Board or Council member, or Strata owner (the Stakeholders) ranges from (a) rewarding & satisfying to (z) a chaotic, time hogging, stress inducing, physical & psychological nightmare. The villains who seek to introduce chaos to Stakeholder’s lives are weather, wear/age, and unexpected events. How,
Simple Things: Understanding the Not So Hidden Costs of Strata/Condo Ownership
Many things in life are complex. Too complex. Some things in life are simple, while other things COULD be simpler with a different perspective. Many times, getting the different perspective just needs a little help. For example, did you know that the cost of ownership in a multi-family building typically breaks down as follows: If
Peace of Mind Part 1: Gain Peace of Mind With Your Home by Addressing These 4 Questions
Is peace of mind a concern when you think of your Strata? (also known as Condos, Home Owners Association {H.O.A.} or Multi-Owner) When it comes to Strata ownership, peace of mind is created by good maintenance, good finances, & harmony in the owners’ community. When it comes to your home & investment, peace of mind
Peace of Mind Part 2: What’s the Remaining Useful Life of the Major Systems in Your Home?
That’s quite a topic for a blog these days. We hear of bad news, sad news, and outright mad news, but unfortunately, we don’t hear lots of good news. That’s when each of us needs to dig down deep (the 3 D’s) to find ways we can let the general news tone run past us, missing us in its sweep to
Peace of Mind Part 3: What is Strata’s Plan to Prevent Negative Surprises That Can Steal Peace of Mind?
What is your Strata’s plan to prevent negative surprises that will steal peace of mind? Based on our 2 previous posts on this topic, we know we need to understand, as a path towards peace of mind with your home, the true condition of your Strata/Condo. We also have a better idea as to why
Peace of Mind Part 4: What is Strata’s Plan to Protect & Enhance the Value of Your Home?
Over the past month we’ve outlined 4 questions you should answer when assessing your Strata/Condo property. Simply put, knowing the answers to these questions will give you the peace of mind needed to get a better night’s sleep. Or put another way, there are lots of things in life that will rob you of your