Condo Corporation Asset Management
One of the jobs of the property manager is Condo Corporation Asset Management, which means to ensure the condominium is a comfortable place to live. To do this, we need to make sure that all of the physical assets of the building are in good shape.
At the same time, we need to make sure that the condominium can afford to do all of the necessary repairs. No condominium has an endless source of money, so the job of for Condo Corporation Asset Management is to make sure the property is getting the best value from its vendors.
Database
BPM uses our own custom database to track all assets of the property. Having this information at our fingertips helps us assist in putting together the best Reserve Fund Studies, and ensures that we know the work history of each component. The information can be exported as well, so future boards can quickly be caught up to speed on what is going on
Creative Solutions
Sometimes the best solution to a problem is not the most obvious solution. BPM adds value by looking at alternative options when large projects need to be done. In some cases this can save the building a lot of money
Project Managers
Every property has a major project now and then. When the time comes, we send you a staff member with expertise in project management to oversee and run the project. This way, the building manager learns from the best, and avoid using your property to learn from their mistakes