Our hearts go out to these Condo owners and board members. Such types of negative surprises, either for new buildings, or older buildings with insufficient reserves, damage the harmony that should be the norm when you live or work in a communal building.
In this case the increase might have been unavoidable, but for most condo situations proper planning using the Predictive Analysis method and tools that we pioneered helps boards and owners evaluate possible course of future actions. The clarity of Predictive Analysis allows an open conversation among owners and boards to avoid acrimonious situations.
To learn more about Predictive Analysis, check out this post.
Give us a call. We can show you a very straightforward way to see surprises before they become, well, surprises.
