Thinking of Investing in a Condominium? Reserve Fund Studies

The Property Wizard

Unless you are or have owned a Condominium, you may not know what a Reserve Fund Study is. Fred and Bernie, along with returning guests, Matt Fagan and Jeremy Taylor, will guide you through the process and explain everything you need to know about how a Reserve Fund Study comes to be. This is a must-listen to episode if owning any type of Condominium is in your future!
After listening to this episode you'll have a better understanding of what it is your fellow condominium Board Members are talking about at your next meeting.
About our Guests:
Matthew Fagan, Project Coordinator – Building Science

Matthew Fagan is an experienced Project Coordinator within the Building Science discipline at Cambium Inc. Mr. Fagan has over 7 years of working in the consulting and building science industry with a background in construction.

Matthew has a professional focus on Building/Property Condition Assessments, Reserve Fund Studies, detailed construction and building envelope reviews. Mr. Fagan has completed hundreds of Baseline Building Condition Assessments for industrial, commercial, institutional and residential buildings throughout Canada for a wide range of purposes including due diligence, acquisition and finance, and divestiture.

Jeremy Taylor, P.Eng. (he/him)

Jeremy is the Group Manager of the Building Science service team at Cambium. He has over 12 years experience in completing Property Condition Assessments (PCAs), Reserve Fund Studies (RFS) and Performance Audits (PAs) across Canada.

Jeremy has reviewed hundreds of buildings in his career, including commercial, multi-unit residential, industrial, institutional, recreational, and educational, as well as building sizes ranging from single-family homes to multi-building Class A commercial office properties.

He has a strong understanding of major building systems and components, their failure mechanisms, and repair and replacement strategies and costs, including structural framing, building envelope and roofing, mechanical, plumbing, electrical, fire and life safety, vertical transportation, and fire and life safety systems.
They may be reached at:
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It is important to note that this podcast is not a replacement for consulting with certified experts in your area who possess knowledge of your unique situation. The hosts of the podcast, along with any participants or affiliated groups, do not take responsibility for any actions taken or not taken based on the information presented in this episode.

It is highly recommended that individuals seek guidance from their advisors in fields such as accounting, law, or other pertinent areas prior to undertaking any actions or making decisions that may impact their financial, legal, or other aspects of life.