Strata Title Schemes (Stratacare) + Real Deal (Derek Edgar)
- July 15, 2019
20 Junction Road
FREE if this is your first time attending, otherwise $25 per meeting to be paid in cash on the day.
We kick off at 2:30pm sharp so please arrive at least 15 minutes early for registration.
Main Presentation – This months guest speaker will be Jim Carlton from Stratacare Australia who will be joining us to speak about all aspects of Body Corporate management within Property Development.
Jim will be covering everything you’ll need to know as a developer dealing with Strata Title Scheme’s, along with the key points to consider throughout the process.
In his presentation, Jim will share:
– The best time to engage a BCM (Body Corporate Manager)
– Regulation modules and format plans
– The CMS (Community Management Statement) – CSLE/ISLE/By-laws
– Budgeting requirements of Body Corporates
– Engaging a Caretaker
– Caretaker’s Lot on title/Occupational Authority
– Statutory Reporting and Original Owner obligations
– Registration and general meeting requirements
– Retaining Ownership of all Lots
– Handling defects
Stratacare Australia have a track record of success throughout full-service body corporate management and provide services to more than 500 buildings and strata scheme’s in South East Queensland. The Stratacare team are experts in legislation governing registered strata schemes, specifically the Body Corporate and Community Management Act.
Real Deal – This months Real Deal comes from Derek Edgar who will be presenting his deal in Lutwyche which was initially acquired as a simple splitter block, but along the way he realized it had potential for 18 units with a good profit margin!
The project was certainly an interesting one, and also required him to acquire a small piece of adjoining council land to complete the development.
Come and listen as Derek explains how he achieved double his anticipated gross profit margin, all without having to use any of his own money.
As with all Real Deals you will learn from the experience of others within the group as they present their own deals, and see what can go right and what can go wrong in your project, what profit they projected and then what profit they actually achieved.
If you love our monthly meetings then why not join our Annual Membership program and not only get a 20% discount on attending each month, but also access a range of other benefits and discounts which are constantly growing.
To check out the benefits, or to purchase an Annual Membership, head on over to the Developer Network Shop (http://www.developernetwork.com.au/shop)
Social Drinks afterwards:
Don’t forget that the meeting is only part of the reason to attend, the after drinks networking every month is a highlight with many a JV partner or deal found over a beverage or two.
I look forward to seeing you all there.