Strata Chat

Listen in to Strata Chat, all things strata, helping you to create your own thriving Strata Community.

Perrott Painting has a well-known, recognized, and respected multi-generational Painting service provider to residential, commercial, and mixed-use strata schemes and large non strata commercial facilities.

Be prepared. Did you know your strata company can enter into a Painting maintenance contract with a Licensed reputable Painter?

The following link from Perrott Painting provides you with a good overview to choices available

https://www.perrottpainting.com.au/about/painting-maintenance-programs/

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Listen to real stories about real people and all things strata in Perth. We hope to inspire you to create your own thriving strata community.

Today we speak with Elias Oostveen of Home Integrity, Winner of our Strata Community (SCA) WA 2020 & the 2021 SCA National award for Best Business servicing our industry!

The Revised Strata Titles Act reform came into play 2020 this included mandatory 10 Year maintenance plans for 10 Lots and over or have a replacement cost of more than $5 million.

These 10-year plans are to be in 5 year “rolling” increments. The Strata company may pass a motion at an AGM which considers the 10-year plan and levies to fund the expenditure throughout the 10-year plan cycle and beyond. Some strata companies are going one step further and obtaining a 20-year plan.

Elias & Home Integrity has kindly provided listeners with a free Strata Maintenance Schedule for strata complexes in Western Australia - link attached

Today we are speaking with Clay Yarwood, Sales Manager of Perrott Painting.

Perrott Painting has a well-known, recognized, and respected multi-generational Painting service provider to residential, commercial, and mixed-use strata schemes. Perrott also provide painting services to many large non strata commercial facilities.

Today we discuss the obligations of the strata company, all owners, to repair, maintain & renew and where painting fits into this requirement.

We also discuss why we paint, when, preparation of surfaces which ensure longevity of the painting works, the quality of paint – yes you may have been advised your painter bought Dulux or Taubman’s. However, did they buy the low budget trade paint or the quality paint – it does make a difference! We also cover off on licensed painters and their own liability, workers compensation insurance for risk and occupational health & safety etc.

https://www.perrottpainting.com.au/the-perrott-guarantee/

Today we are speaking with Phillip Goodes, Phillip has chaired a beautiful apartment complex in the South Perth Peninsula for the last 11 years, since inception

The apartments are beautiful, sadly the builder declared bankruptcy in year 3, and as there is no building indemnity warranty Insurance over 3 storeys in WA the warranty repairs to all common areas such as water ingress, pool leaks had to be financed by the owners.

Fortunately for the owners of this property, Phillip is a great leader, man of many skills; electrician, background in security, and well-regarded Real Estate licensee of 40 years and loves property.

Phillip shares his advice on running a well-managed building, in saying that this building has had its fair share of dramas and episodes over the last 11 years, as would any strata community of residents and tenants.

Phillip runs us through his thoughts on

· Know the property before you buy!

· Getting a good strata manager - someone you can get on with

· Encourage, be proactive, get on the committee and educate yourself, don’t just let someone “run it”

· Monitor levies

· Accrue funds for future works rather than special levy all the time

· Look at costs the same way you would look at fees and costs in your own home, review, compare like for like

· Build relationships / trust with your owners, lead, be open and transparent

· Mutually benefiting all owners

· Behavioral issues, breaching of bylaws and the need to have correct by laws in place. Consider by laws when you purchase the property and then review and amend revoke as you see fit.

· Be social and enjoy your community

Phillip Goodes is happy to assist you with selling your property, you can contact him direct at Phillip Goodes Real Estate 0421 215 000

Today we are speaking with Ashleigh Goodchild from SOCO Realty. Ashleigh is an experienced property manager of 25 years, you may have heard of Ashleigh’s Podcast PM Collective https://www.ashleighgoodchild.com.au/podcast

Ashleigh and I speak about renting out your strata property! Ashleigh runs us through:

1. Strata Information

2. Management agreement

3. Fees and why the cost

4. Preparation of your property for rent, conformance with safety; RCDs Pool fencing, cracked floor tiles, slip trip hazards etc.

5. Tenant selection – are they appropriate for your property and the larger strata community

6. Periodic Inspections

Managing strata properties is a lot different to green title properties. Every strata scheme is different, has different lot boundaries, different bylaws, different utility setups etc. the list goes on! You as the owner of the lot should know all of this information to relay to your property manager and then tenant. It isn't your Strata Managers job to be a personal assistant and continuously re-provide this to everyone! Ashleigh and I chat about how all the stakeholders can help each other in this process!

Today we are chatting with Susan & Judy about living and owning their own strata unit and their role as the Chairperson and Secretary on the Council of Owners. 

Both newly retired professionals they now find themselves in roles which they had no idea of previously.

They share with us their story of heading up the Council of Owners in a 5 year old, 144 lot scheme of over 3 buildings, including residences, short stay apartments, a licensed roof top restaurant, commercial and retail premises. 

Prior to this property the ladies were not familiar with nor participated in strata community, they embraced their individual roles and today share with you their strata story, passion for their community and key takeaways.