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 operations
unable to function) The one thing I learned and observed more than any other factor, was that Tech overseers tend to not believe such a disaster will affect them to that extent, and therefore opt out of the planning needed. In most cases the reason was related to the high cost of writing such a detailed set of recovery procedures. Some disaster recovery plans can cost in excess of $1,000,000, so the logic isn’t completely irrational…until the disaster strikes! And disasters DO happen, and HAVE happened, affecting personal as well as business endeavours.
In many ways, the Predictive Analysis process which we offer to Strata and Condo managed homes, is much like a Disaster Recovery Plan. It takes a look at the physical components and the financial resources needed to keep your home running smoothly, and offers maintenance options that, when engaged, give a home owner and their Management teams a clear way to avoid the impact that results from unexpected “disasters.” An unplanned for roof replacement is one example of such a “disaster.”
It’s an understatement to say that not planning for unexpected costly expenses is poor home management, and when you consider the potential impact and the availability of cost avoidance measures for a small incremental cost per month, it really should be a path to check out.
Give us a call. We can demonstrate how this all works for your specific situation, in one sitting.
https://www.stratafundtrack.com/
