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. 

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Episode Highlights:

1. Intro [00:00]
2. What is a Strata Property? [02:08]
3. Different Types of Plans, Strata Plans and Survey Plans [04:49]
4. The First Benefit of a Strata Property [06:55]
5. The Drawbacks to Investing in a Strata [09:38]
6. What Are Some of the Drawbacks of Having a Common Property?  [11:52]
7. Factors to Consider Before Investing in Strata Properties [14:21]
8. What Are Some of the Most Important Factors When It Comes to Renting Your Property Out or Selling It Later? [16:08]
9. Importance of Reviewing the Strata Committee and Its Management [18:13]
10. What to Look for When Buying a Property [20:50]
11. Outro [22:41]

 

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