Show Notes
We’re all used to living in houses, they make sense, it’s all yours and you don’t have to share.
Well, you may have a partner you have to share with, but that’s ok.
What about when you buy a unit or townhouse that is run with Strata?
What is Strata all about?
Now there is common property, there are funds I need to pay, and some old person who keeps putting up signs in the lobby about noise, dogs and where you park.
How the heck do you wrap your head around it all?
Well, we thought we would bring on the amazing Amanda Farmer who is a sensational Strata Lawyer and even runs her own podcast on the topic at Your Strata Property.
This isn’t just about the basics. This group is about investing and Amanda is ready to spill the beans on the opportunities you can take full advantage of when looking at a Strata.
We are going deep into the world of Strata and I promise you, that you are going to learn some amazing things that you can use to further your investing.
Episode Highlights
- 11:56 What is “Strata”?
- 26:58 Is it possible to do some level of due diligence before you buy?
- 32:29 What is a “Bylaw?”
- 1:30:33 What are the pros and cons of self managing strata?
- 1:45:00 What to do if strata insurance cost Is extremely high?
Episode Resources
Amanda Farmer on Strata Masterclass and Original Opportunities https://yourstrataproperty.com.au/legal-services/
Other Guests On Our Lives
Chris Gray, Amanda Farmer, Steve Palise, Nathan Birch, Todd Sloan, Cate Bakos, Mike Mortlock, Lloyd Edge, Karen Baldwin, Rob Flux, Kent Lardner, Charley Valher, Bernadette Janson, Pete Wargent, Melinda Jennison, Bushy Martin, Michelle Lewis, Peter Koulizos, Jane Slack-Smith, Joe Tucker, Jordan De Jong, Scott Aggett, Belinda Smith, Jef Miles and more.