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Jimmy Thomson

Why it’s important to maintain the rage in your unit block

Property investors can be drawn into a conspiracy of mutually enabled silence with rental agents - neither party wants any hassles. But that’s ultimately a costly strategy

There is a common perception that resident owners will always be better at looking after strata properties than absentee investors.

They have to live with the results of underspending on repairs and maintenance, after all. They can tell when paint is fading or flaking, they can feel the doors that don’t fit and see rain coming in where it shouldn’t.

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Jimmy Thomson edits the strata living advice website flat-chat.com.au and hosts the Flat Chat Wrap podcast. Email Jimmy at mail@jimmythomson.com

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    Original URL: https://www.afr.com/wealth/personal-finance/why-it-s-important-to-maintain-the-rage-in-your-unit-block-20240806-p5jzzy