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 […]
Financial Management
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 […]
Shopping for a New Home? Minimize Maintenance Fee Shocks if Looking at Condos.
Shopping for a Condo, or other Strata managed home? As a shopper, the following article will help. As a shopper, you should also ask for a Predictive Analysis. Give us a call to know more about how a Predictive Analysis provides so much more in addition to the Depreciation Report. https://ca.finance.yahoo.com/news/minimize-maintenance-fee-shocks-shopping-170605018.html Contact Us
Bylaws, Bylaws, bylaws
Bylaws, Bylaws, and More Bylaws: Why it’s So Important That You Understand Each One Thinking of purchasing a Strata Managed home? Make sure you read the bylaws for that Strata before the purchase, and if you have any questions, ask. The following article gives a deeper explanation as to why. Copyright: stylephotographs https://www.timescolonist.com/life/condo-smarts-bylaw-amendments-must-comply-with-strata-act-human-rights-code-5152530 Contact Us
Strata Fees – Must You Pay Them?
I don’t know about you, but whenever I’ve been in the market for a new home, my considerations for a Condo or Strata Managed home always include the monthly Strata fee. How much is it? What does it include? Where’s the value? But the key to entering into a Strata agreement as far as fees […]
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. […]
Condo Smarts – Management firm’s record keeping must follow strata act rules – Victoria Times Colonist
Condo Smarts https://www.timescolonist.com/life/condo-smarts-management-firms-record-keeping-must-follow-strata-act-rules-5443526 #stratamanagement #stratahomes #propertymanagement #condolife Image Credit: Copyright: artpilot Contact Us
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: […]
Financial Planning for your Strata
Our suite of financial planning tools can be used by your Council and Manager to explore the consequences of the financial choices that the owners of a complex would prefer. Some owners want to minimize short term costs and rely on special levies. Other owners prefer to invest a little more now to avoid high […]
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 […]
