PIT 95: The Role of a Well-Managed Owners Corporation

Welcome to Property Investor Tales, Stories From The Front Yard, where I talk to property investors from around Australia about their investing journey. My name is Tabitha Bright and I’m head of Coaching and Advising here at Positive Real Estate, where we help people build wealth through property.

Today’s guest is Stefanie Palazzolo, part of our team here at positive real estate, and she and I discuss doing due diligence on developers. So you know your product super important, how to safely buy off the plan and why body corporate is actually a really important vehicle to add value to your asset. So enjoy this conversation with Steph and I.

Highlight clip – ( 28:14 – 28:36) you know I Think….

Summary

In this conversation, Tabitha and Stephanie discuss the importance of having a quality team when investing in property. They highlight the role of property consultants/strategists in finding properties that align with clients’ strategies. They also emphasise the significance of working with reputable developers who deliver quality projects. The conversation touches on the misconceptions about apartments and the importance of a well-managed owners corporation. They share stories that illustrate the impact of a good team and the consequences of poor management. The key takeaway is to surround yourself with a knowledgeable and experienced team when investing in property.

Chapters

00:00 Introduction to Stephanie and the Property Strategist Team

03:48 Dispelling Misconceptions about Apartments

07:09 The Importance of Working with Reputable Developers

11:21 The Role of a Well-Managed Owners Corporation

15:22 The Impact of a Quality Team on Property Investing

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I love hearing people’s property investor tales so if you’d like to share yours then please get in touch with me via email at  [email protected]

You can watch all of these podcasts over on YouTube at Positive Mentor or at positivementor.com.au

About the Author
A 13-Year Property Coach and strategist at Positive Real Estate, Tabitha is a licensed real estate agent in NSW and VIC, and has her Cert IV in both Property Services and Finance. She has personally coached over 600 Clients and her passion for education, property and client results focus everything she does at Positive Real Estate and we’re better for it.