SIRS SPECIALIST
SIRS SPECIALIST WELCOMES YOU
Precise Condominium Reserves Study
Welcome your Structural Integrity Reserves Specialist. Discover excellence in condo property assessment with our dedicated team. As experts in on-site evaluations, historical data examination, and financial analysis, we are committed to providing comprehensive insights into your property's reserves study. From engaging with personnel to meticulous data collection, we ensure a thorough understanding of your property's unique aspects while maintain industries best practices and safety standards. Trust us to deliver precise financial data, informed projections, and a detailed Structural Integrity Reserve Study Report SIRS. Explore the difference of our services as we guide you through the journey of optimizing your property's potential.
Phase 1
On-Site Evaluation: Our team will undertake an in-depth on-site survey of the property. During this phase, we will engage with available personnel, including Property Managers, Maintenance Engineers, and Board/Committee Members, to asses the building and its components for a tailored reserve study. Subsequently, we will meticulously identify reserve components life span and collect pertinent data, encompassing age, historical background, quantity, and current condition. This process will be supplemented by comprehensive photographs and precise measurements.
Phase 2
Physical Examination: We will undertake a thorough examination of relevant historical data concerning the property. This entails reviewing past reserve-related undertakings and, if necessary, reaching out to relevant board members or property management. Furthermore, a comprehensive analysis of construction drawings will facilitate the derivation of relevant information. Estimates for repair and/or replacement costs for each reserve component will be established, complemented by informed projections of useful and remaining lifespans for 30 years these components.
Phase 3
Financial Analysis: Precise financial data, encompassing reserve budget contributions and year-end balances, will be diligently calculated. The creation of reserve funding projections will be a pivotal step, culminating in a comprehensive review and analysis that will shape the findings and recommendations contained within the final report.
Phase 4
Report Compulation: A detailed electronic PDF copy of the report will be meticulously prepared and submitted to the Client. Hard copies will be furnished upon request. The Reserve Study Report will encapsulate a comprehensive summary of recommendations and findings, the linear reserve component plan and schedule, the thirty-year cash flow plan, informative charts, and illustrative property photographs
