Posts by client
How the Aggressive Government Housing Plan Impacts Property Management
The competition to find an effective property manager in Toronto is teetering on a crisis as government housing targets loom. Here we look at possible property manager availability challenges the aggressive government housing plan presents, with condo board tips to help you avoid them. The Current Scenario According to the Association of Condo Managers in…
Read MoreInflation: How to Prepare for 2024 Reserve Fund Study Sticker Shock
Construction inflation is putting pressure on condo boards to find strategies to make up for significant cost increases in refund studies. Inflation could mean making some hard decisions, including introducing common element fee increases or special assessments, putting further financial strain on condo owners. Here we offer tips to help your condo board prepare for…
Read MoreDamage That Will Make Your Condo Board Wish They Inspected More Often – Part II
In this two-part series we look at critical exterior condo inspections that help avoid costly damage and replacements. In Part I we focused on energy inefficiency and water damage. Here we look at inspections that reveal issues that can interfere with a resident’s enjoyment of the property, as well as curb appeal, condo value, and…
Read MoreTop Tips to Onboard New Condo Board Members for Success
New condo board members often face an uphill battle learning the ropes and understanding their directive. As volunteers they bring varying skills to the board, which makes getting them up to speed a challenge. To help in the onboarding process, here we share our top tips for new condo board members’ success. Develop an Onboarding…
Read MoreThe One Critical Skill Setting Outstanding Property Managers from the Rest
Although condo property management is a licenced profession, many condo boards seek property managers with supporting MBAs. While you need to run your condo corporation like a business, the one critical skill that makes more sense in property management focuses on a different area of expertise: Engineering. Here’s why property managers with an engineering background…
Read MoreHow Internet Access Resilience Reduces Risks of Buggy TO Condo Connections
If the Rogers outage of 2022 taught us anything, it’s that internet access is viewed as an essential service. As a result, your condo board needs to ensure you provide a reliable, disruption-free internet connection. Here we explore internet access resilience as a viable way to reduce the risks of buggy connections. What is Internet…
Read MoreInflation: How to Prepare for 2025 Reserve Fund Study Sticker Shock
Construction inflation is putting pressure on condo boards to find strategies to make up for significant cost increases in refund studies. Inflation could mean making some hard decisions, including introducing common element fee increases or special assessments, putting further financial strain on condo owners. Here we offer tips to help your condo board prepare for…
Read MoreI Quit! How to Gain Control of Condo Board Member Churn
Ongoing board member resignations can cause operational disruptions, interfering with your board’s efficiency and effectiveness. However, you can use the following strategies to help avoid resignations and gain control of condo board member churn. Focus on Resignation Prevention Resignation prevention focuses on simple strategies that help ensure board member satisfaction and success, including: Formalize your…
Read MoreWhat Every Condo Corporation Should Know About Free TAF Support
The Toronto Atmospheric Fund (TAF) is a non-profit agency helping the cities of Toronto and Hamilton (GTHA) meet their carbon neutral goals. Through guidance and funding, the agency facilitates GTHA projects related to global climate stabilization, including energy efficient solutions for multi-unit residential buildings (MURB). Here’s everything your condo corporation should know about the free…
Read MoreNot on My Watch: Security Tips for Condo Boards
Your condo board has a responsibility to take reasonable measures to keep the property and residents safe. Here we share security tips for condo boards to help you implement proven security strategies. Review, Assess and Establish Goals Make sure your board understands your current security plan by reviewing the following: Security documentation Emergency response plans…
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