“RSK Strata Advisors just completed a second Depreciation Report for our strata, an update on the report they created three years ago.
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We are very happy with the service they provide and will continue to use them for future updates. Their 49-page report contains all of the details to assist strata council with long range financial planning but also contains a summary of the near term, highlighting important projects. This summary is easily understood by all of our owners.
I am impressed with RSK’s willingness to work with us, letting us tweak the report as we uncovered more information. The funding needs laid out in the report will be plugged into our next budget directly, simplifying our budget process.”
K. Lott, Strata Treasurer
“Carmel Place Strata Council selected RSK after reviewing several other companies for the scope of, and cost of, a Depreciation Report, because RSK represented the most thorough of all scopes and a competitive quotes. We were not disappointed. All the professionals we dealt with were very knowledgeable, patient, and accommodating. Every step of the way was handled very professionally, with well informed and experienced professional engineers and architects, allowing for ample input and questions from The Corporation. Having drafts and the ability to make changes was an added bonus. The report itself was easy to read, and presented three scenarios for 30 Year Plans that are reasonable and understandable without a PhD. Based on the report we have been able to modify our 5 Year Plan (now entering Year 4), and also make plans for some specific details for the 5 years following the expiry of the current 5 Year Plan. We fully intend to use RSK in the future and do not hesitate to recommend this company to any other Strata Corporations in need of a good Depreciation Report.”
P. Kaur, President Strata Corporation LMS810
“The RSK Strata Advisors team met with our Strata Council to assist us in undertaking our Depreciation Report. The team members were knowledgeable, professional and friendly and completed our depreciation report in a cost effective manner, using current building industry standards. They added a glossary and other changes that we requested to make the report more meaningful to our Council. They did the work quickly and delivered a high-quality report in about ten weeks. We would recommend them to any strata council looking at undertaking the development of a depreciation report. Thanks again for your excellent report.”
L. Rogers, Strata President West Vancouver
“RSK completed the depreciation report for our bare land strata. This was our first depreciation report, and RSK took the time to explain any questions we had (there were lots!) and then also customized it to better suit our needs while fulfilling all BC. Strata regulations. Being strata owners themselves, they were able to give us some great suggestions in dealing with our young one. We found them to be very competent and personal, and look forward to using them for our subsequent depreciation reports. In addition, they have committed to attending our next AGM to assist the Strata Council with the presentation of the Depreciation Report to our strata members.”
J Holt, Strata President Mission
“Our twenty unit strata contracted with RSK Strata Advisors to produce our depreciation report in 2018. We were very pleased with the thoroughness and professionalism with which their staff conducted their inquiries, the high quality of the final report, and the reasonable price of their services. We have found the report useful for planning future expenditures. We would recommend this company without reservation.”
V Miller, Secretary Strata 730 Victoria
“As the Vice President of the Council of a 9 unit strata at the time I was asked to find a Planning Consultant that would conduct a Depreciation Report activity appropriate for us at a reasonable cost. After attending seminars on the topic, sending out Request for Proposals and browsing the internet I zeroed in on RSK Strata Advisors as offering a process suitable for our situation.
They offered an uncomplicated, easy to understand planning process based on cost tools used every day by the BC construction industry. Their team was made up of engineers and architects with extensive experience in the building maintenance area. The sample report they provided us with was complete and easy to follow and offered flexibility in applying inflation and escalation factors to test sensitivity. This all worked well for us in developing our final depreciation report. Because we are only 3 years old and consist of duplexes and lane-way houses our plan is not highly complicated. Strata Advisor’s nimble organization and low overhead was able to service us at a very reasonable cost. We have recommended RSK to other small strata looking for help in putting together their depreciation plans.”
A. Perkins, Strata Treasurer North Vancouver
