727b strata 101 (levies, strata title, by-laws, joining the committee, choosing a manager + more)
Description
If you're looking at buying an apartment or into a complex, it's probably part of a strata scheme. So what actually is strata? John from this is property chats with special guest CassandraΒ McLean from Your Strata Services who explains some common FAQs:
ππΎ what is strata?
ππΏ what is an owner's corporation?
ππ» how are special levies and the capital works fund determined?
π what is the strata committee and how do I join it?
ππΌ what is the role of a strata manager?
π what gets insured in a strata title?
ππ½ what are by laws?
ππΎ am I allowed to turn my property into an Airbnb?
ππΏ are pets allowed?
ππ» how do I choose the right strata management company?
Learn more about John's Buyer's Advocate Services here: https://www.envisageproperty.com.au/
Buying into strata in NSW? See how Cassandra can assist: https://www.your-strata-services.com/
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Glen's latest book 'The Quick Start-Guide to Investing' is available here: Β https://amzn.to/3QNNrbv
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