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

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 hereGlen's latest book 'The Quick Start-Guide to Investing' is available here:  https://amzn.to/3QNNrbvWe hate email spam so we don’t create it! Sign up to our newsletter to get only the valuable money, careers and property info you need.To get help, and to check out our online courses, books, resources and downloads (+ our disclaimers and warnings), click here.Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs.this is money & Glen James are authorised representatives of MoneySherpa Pty Ltd which holds financial services licence 451289. Hosted on Acast. See acast.com/privacy for more information.