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Thinking about cutting your maintenance costs? Think again
Maintenance costs are a big part of your co-op’s annual budget. Unlike with your mortgage, insurance and property taxes, you can decide to cut your maintenance costs. And we usually think that lower costs are better.
But wait! With maintenance costs, lower might not be better. Lower maintenance
The Management Services Agreement
The Model Management Services Agreement is carefully written to make sure you and your manager know just what to expect from each other. It covers the property manager’s duties, how they are paid, when they need to get things done and where their authority starts and stops.
The agreement includes
Co-ops with Just One Elevator
Big, expensive decisions lie ahead for housing co-ops with a single elevator that is starting to show its age. After 20 to 25 years of service, elevators will reach the end of their effective lives. Toward the end of this period, the elevator may experience decreasing performance, along with many
Renovation Saves Energy: Shalom Community Housing Co-operative
Over the past 30 years, building standards and techniques have changed. So it’s not surprising that Shalom Community Housing Co-operative gained more than its members expected when it undertook major renovations.
Located in Kitchener, Ontario, Shalom is a 40-unit townhouse-style co-op arranged in
BC Housing Provider Kit - Managing Housing Assets
Hiring a management company? We can help!
Effective property management is the heart of a successful co-op. Finding the right management company can seem like a daunting undertaking for large or small co-ops alike.
To assist our clients in obtaining the best price with qualified firms, the Agency has compiled a list of property management
Improved Model Management Services Agreement
The Agency has updated its Model Management Services Agreement and developed it as a fillable PDF document, greatly simplifying the steps to prepare a contract. Changes to the contract reflect the feedback we received through an extensive consultation with sector organizations and management
Get Planning with a BCA: A New Guide
To take care of aging buildings, co-ops need to plan for repairs and replacements. A good place to start is with a Building Condition Assessment (BCA). The Agency’s Technical Services team has developed a plain language guide to help co-ops get started and understand the how to get started, how to
Tip of the Month
Management Trend
The trend to hire management companies continues. 58% of co-ops hire management companies, compared to 28% that employ independent staff as their managers.