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!
