THINGS TO WATCH IN YOUR STRATA PROPERTY

Most investors do not go and inspect their property it is usually in the hands of their property manager.  Now depending on the experience of their property manager they might not look up at the bathroom ceiling (unless its so mouldy you cannot miss it).

With strata properties unfortunately the bathroom above you depending on who is living in them owner or tenant they are not going to report cracked tiles, cracked grouting or missing grouting. Bathroom ceilings are usually the biggest problem within strata properties because of the lack of knowledge from owners and tenants.

You will be responsible for the re skinning and or painting the ceiling below you if you are responsible for the damage caused (depending on your strata by laws).

Once you have renovated your apartment it is no longer the responsibility of the strata company to fix it.  Make sure that the shower has been water protected before any new tiles are put on and make sure the tiles are graded towards the waste (girlfriend of mine has just gone through this very scenario even though her renovation is only two years old due to a poor tiling job done it was leaking onto the unit below).

I make sure I do an inspection once a year through my strata properties and I check the sliding doors, windows, check the ceilings throughout, check all the painting, look at all my furniture do I need to up grade to keep it looking sharp.  With rents declining if you want a premium price you need to have the place SHARP and inviting.  It's all tax deductible and I say that you should be inspecting around the month of April so you can get it all done before the end of June just in time for your tax.

Do not rely on anyone else but yourself to keep your properties in good shape, me proactive and go and look at your investments.  

MAKE YOUR  OWN DECISIONS AND GIVE IT A REAL GO !!