A friend told us how they cleaned their home top to bottom to prepare for the Bank inspection for their Mortgage renewal. They wanted to make the best impression to get favourable terms. When you live in a Strata your banker not only looks at the inside of your home, the part you own, but […]
Predictive Analysis
Predictive Analysis: A Day 1 Necessity
We at Canadian Strata Fund Track Solutions (CSFTS) are driven by the goal to reduce negative surprises for Condo owners. We all live with surprises in life and the only constant seems to be change. But when you live in a Condo or any other type of managed home, peace of mind is what homeowners […]
Inflation and Your Strata Managed Home
There are so many ‘what ifs in life aren’t there? Let’s look at Inflation through the “what if” looking glass. What if you, as a Condo owner, could predict maintenance cost inflation, or Strata Fees inflation, or utility cost inflation, or Insurance, or, or, or…. The list could, and in fact does, go on and […]
What Can You See? Short Term Cost Avoidance Means Higher Cost Overall.
The Boss at our enterprise suggests that in all areas of our lives, there are three questions that, when honestly answered, create a bedrock of information that help us move forward in a positive manner. Those questions are In a recent post entitled “Inflation and Your Strata Managed Home,” we explored the “what if” proposition […]
Predictive Analysis Creates Predictable Cash Flows
Predictable cash flows create peace of mind for: Wise investors & managers postulate a penny saved is a penny earned. They also know that a penny ‘saved’ today by neglecting building-life planning could mean 300 or 400 pennies needlessly spent later. Regrets are costly. Using infra-red imaging and other proprietary practices we get a complete […]
Predictive Analysis: What Is It?
Some stories prey on your emotions. Some stories prey on your sense of justice. And then there are other stories that activate both of these responses. It’s hard to read the story behind this link without getting emotionally involved AND without wanting to scream that there IS a preventative option. Anyone who owns, Manages, or […]
Extended Lives: Understand the Expected Life Spans of Each System Component in Your Strata Managed Building
We talk a lot about planned maintenance versus waiting for things to break and enduring the surprise costs to fix. We talk about these two things because such surprises have the potential to totally disrupt a Strata homeowner’s life. Using the roof system of your building as a prime example, the accompanying picture shows the […]
Integrity: Doing the Job Right From the Start
Sadly, Integrity is a word not in common use these days when describing work habits or professional demeanour. Too many companies reward an employee’s ability to get the job done without ever asking how achievements were attained. Many employers don’t really care about the “how” as long as the “done” appears. The ironic thing is […]
Reactive vs Planned Maintenance – Cost Savings to Consider
We’ve posted many times about the need for Planned Maintenance in a Strata or Condo complex. What we want to do in this post is demonstrate, in real terms, how planned maintenance should be an obvious choice. The following example uses a building life span of estimated 80 years, with a focus on roof replacement. […]
Canadian Strata Fund Track Solutions: A Reintroduction
Our company, Canadian Strata Fund Track Solutions (CSFTS) has been posting here for almost a year, and during that time we’ve examined many of the fundamentals that affect the day to day reality of living in a multi-family building. (Strata or Condo) Today we’re taking the opportunity to re-introduce who we are and what we offer: […]
Predictive Analysis: A Deeper Look
During the past year we’ve emphasized the importance of reducing costs through regular maintenance of key components of the buildings you call home. A recurring topic has been the services we offer through our Predictive Analysis (PA) report. Today we’ll give a more detailed summary of the PA, and in coming weeks drill down further […]
Disaster Recovery Planning and Predictive Analysis
I spent the majority of my career writing Disaster Recovery Plans (DRP) for Technology divisions of large corporations. (a DRP is a pre-written set of actions to take when a disaster makes your Tech operationsunable to function) The one thing I learned and observed more than any other factor, was that Tech overseers tend to not believe such […]
