Has your property ever considered becoming self-managing? It can be a great way for the Owners Corporation to save some overhead costs if cashflow is of a concern, and we find that decisions are made faster for self-managed properties.
If your property fulfils the below criteria, we can help you review if self-managing would be more beneficial for the property:
- Less than 5 lots
- Common driveway only
- Owners will pay their portion of insurance
- Besides insurance, the OC has only minor common expenses
- One owner will coordinate and minute the AGM yearly
