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Today, I’m going into the benefits and drawbacks of investing in strata properties and what you need to consider.
With the increasing price of houses becoming unaffordable for some buyers and also understanding that different investors have different needs, I really wanted to spend the time to dive deeper into strata properties because under the right circumstances they can make a great investment.
So let’s go inside.
Episode Highlights:
- Intro [00:00]
- What is a Strata Property? [02:08]
- Different Types of Plans, Strata Plans and Survey Plans [04:49]
- The First Benefit of a Strata Property [06:55]
- The Drawbacks to Investing in a Strata [09:38]
- What Are Some of the Drawbacks of Having a Common Property? [11:52]
- Factors to Consider Before Investing in Strata Properties [14:21]
- What Are Some of the Most Important Factors When It Comes to Renting Your Property Out or Selling It Later? [16:08]
- Importance of Reviewing the Strata Committee and Its Management [18:13]
- What to Look for When Buying a Property [20:50]
- Outro [22:41]
Resource Links:
- Get your Strategic Portfolio Plan and our help with Buying your next Perth property (https://www.investorsedge.com.au/invest-in-perth-property/)
- Join the Perth Property Investment Facebook Group (www.facebook.com/groups/perthpropertyinvestors)
- Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join)
- For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/)
- For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/
Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.
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Listen and Subscribe:
Omny | iTunes | Google Podcasts | Spotify
