1/18/21
We are proud to announce that Andrei Khatskevich has joined LTM Group as a Project Manager. Andrei has a Master's Degree in Mechanical Engineering from the University of Belarus. He has over 15 years of mechanical engineering design experience as well as experience in the installation of engineering systems. For the last 15 years Andrei worked for engineering firms designing NVAC systems, boiler rooms, and chillers, as well as heat and gas supply. Please welcome Andrei to the LTM team!
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Reserve Study Services
LTM Engineering Group offers comprehensive structural reserve study services that benefit property owners and community associations. A structural reserve study helps the association achieve financial stability, transparent planning, and improved property value. Here's how our expertise and experience can help you make informed decisions:
1
Financial Stability
A reserve study helps you establish a solid financial foundation by accurately assessing your property's long-term capital expenditures and funding needs. It allows you to anticipate major repair or replacement costs in advance, avoiding financial surprises and the need for emergency assessments. With a well-funded reserve, you can ensure the timely completion of maintenance projects and avoid deferring crucial repairs that may lead to more extensive and costly issues in the future.
2
Transparent Planning
Our team of professionals thoroughly assesses your property's major components, evaluating their condition and estimating their remaining useful life. This information provides you with a clear understanding of the maintenance and replacement requirements over time. Our detailed reports and recommendations allow you to create a transparent and well-structured plan for allocating resources and budgeting for future needs. This transparency helps foster trust and confidence among property owners or association members, promoting a harmonious and informed decision-making process.
3
Improved Property Value:
A well-maintained property with a solid reserve fund is more attractive to potential buyers and lenders. Conducting a reserve study demonstrates your commitment to proactive maintenance and financial responsibility. It enhances the overall value of your property, making it a more desirable and marketable investment. Whether you are a property owner looking to maximize returns or a community association aiming to create an appealing living environment, a reserve study plays a crucial role in maintaining and enhancing property values.
The team at LTM Engineering Group has extensive expertise conducting assessments and providing accurate financial analysis. We are committed to delivering reliable, actionable insights to guide your decision-making process. We can assist you in creating a sustainable long-term plan, optimizing your financial resources, and ensuring the preservation and growth of your property's value.
LTM Engineering Group strongly recommends updating your Reserve Study Every three years. Contact us today to learn more about our reserve study services and how we can help you achieve financial stability, transparent planning, and improved property value.
