CCI Grand River Condo Podcast

Canadian Condominium Institute Grand River

This is a show dedicated to helping condo owners, directors, managers and other professionals learn more about the Condominium Industry in the Grand River Area.

Reserve Fund Studies: Your Condo’s 30+Year Maintenance Plan (and What That Means For You As a Condo Owner)
Aug 8 2022
Reserve Fund Studies: Your Condo’s 30+Year Maintenance Plan (and What That Means For You As a Condo Owner)
Imagine planning 30 years into the future…Where will you be? What will life look like? And how will you protect your roof (and other assets)? WHAT?!Most people we know aren’t thinking 30-50 years down the road when it comes to roofing; however, in the condo world we sure are!Joining Michelle today on the podcast is Jamie Poodry, VP and money guru at MF Property Managament, and Henry Jansen, professional engineer with Criterium-Jansen Engineers, to share about reserve fund studies. If you don’t know what they are, here’s a quick recap: A reserve fund study is a minimum of a 30 year maintenance plan and determines how much money needs to be in the reserve fund to ensure the repairs can be paid for in the future. The study is prepared by a specialist, such as an engineer. Guess who pays into the reserve fund each month? That’s right, condo owners!Listen to this episode to learn:• The difference between a reserve fund and a reserve fund study.• What goes into the study and how is the study determined? • When are the financial and inspection updates done? And how do these updates affect condo fees? • What condos are planning now with the massive increase in the cost of building supplies. • What happens when you don’t have enough money in the reserve funds at the time a repair is required?Get these burning questions answered by listening to this episode!Please share this podcast with a friend so they, too, can learn more about condominiums (and reserve fund studies!).Connect with CCI:CCI-GRC Website (info, blogs and events found here!)CCI on FacebookCCI on InstagramCCI on LinkedInResources and Information:Condominium Authority of Ontario (CAO)
Behind-The-Scenes of CCI Grand River
Jul 25 2022
Behind-The-Scenes of CCI Grand River
You may not realize all. the. things that go into AGMs, communications, sponsors, events, and marketing for CCI. Let me tell you, it’s A LOT.CCI provides education, information, awareness, and access to expertise by and for members. None of this can happen without the behind-the-scenes powerhouse fuelling CCI Grand River: Theresa and Maggie, the administrator and marketing manager for CCI. In this episode, you will hear:• What is involved in planning, organizing, and marketing various CCI Grand River events • How Theresa and Maggie keep everything running smoothly and ahead of schedule• The strategy behind how monthly themes of blogs and podcasts are decided• A typical day-in-the-life of CCI’s administrator• How we plan to celebrate CCI Grand River’s 5th anniversary!What surprised you most about the behind-the-scenes of CCI? Let us know at @ccigrandriver on Instagram!Don’t forget to follow and review this episode on your favourite podcast platform!Connect with CCI:CCI-GRC Website (info, blogs and events found here!)CCI on FacebookCCI on InstagramCCI on LinkedInMore Resources and Information:Condo Owners AssociationCondominium Authority of OntarioThe Association of Conominium Managers of OntarioDISCLAIMERPresenters, the Canadian Condominium Institute and its representatives will not be held liable in any respect whatsoever for any statement or advice presented herein. These presentations should not be relied upon as a professional opinion or as an authoritative or comprehensive answer in any case. Professional advice should be obtained after discussing all particulars applicable in the specific circumstances to obtain an opinion or report capable of absolving condominium directors from liability [under s. 37 (3) (b) of the Condominium Act, 1998]. Presenters' views expressed are not necessarily those of the Canadian Condominium Institute.
Pros and Cons of Condo Living
Apr 4 2022
Pros and Cons of Condo Living
Are you considering purchasing a condo? This episode dives into what it’s REALLY like owning - and living in - a condo. Listen in as host Michelle Dyer discusses the advantages and disadvantages of condo living with guest Ryan Waller, a real estate agent in Guelph who published a blog post on this very topic. When purchasing a condo, be prepared to follow the rules that come along with it. How many parking spaces are you permitted? What are the rules around pets? What happens when you want to store your propane tank during winter months in a storage locker? Wait, do you even get a storage locker? Being aware of not only the rules, but also what is included in your condo fee may just cause you a few less headaches. No shovelling snow or cutting grass? Bonus! There are amazing amenities that some condos offer, such as a fitness room, library, and pet spa, to name a few. Being aware of what these amenities are and what is included in the condo fee to maintain them will help you determine if condo living is right for you.Let us know which pros and cons are most surprising to you! Message us your answer on Instagram: @ccigrandriverWords of WisdomCondo listings have increased by 40%Guelph is quickly becoming the cheapest part of the GTAThe condo market is equally as aggressive as the detached marketSubscribe and review this episode on your favourite podcast platform!Connect with Ryan: with CCI:CCI-GRC Website (info, blogs and events found here!)CCI on FacebookCCI on InstagramCCI on LinkedIn