727b strata 101 (levies, strata title, by-laws, joining the committee, choosing a manager + more)

this is money

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 Cassandra McLean from Your Strata Services who explains some common FAQs:

👉🏾 what is strata?

👉🏿 what is an owner's corporation?

👉🏻 how are special levies and the capital works fund determined?

👉 what is the strata committee and how do I join it?

👉🏼 what is the role of a strata manager?

👉 what gets insured in a strata title?

👉🏽 what are by laws?

👉🏾 am I allowed to turn my property into an Airbnb?

👉🏿 are pets allowed?

👉🏻 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/

Thanks to Skye Wealth for supporting our Thursday show! Connect with the team here

Glen's latest book 'The Quick Start-Guide to Investing' is available here: https://amzn.to/3QNNrbv

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