We are often told the best piece of property advice is to buy the worst house in the best street (and definitely not vice versa).

But what if you are in a building that saves on the dreaded levies by not maintaining, repairing and upgrading so you spend the extra dough on your own little domain?

Best flat in the worst building, anyone?

This weekend (November 9) I will be hosting OCN’s daylong seminar about how to invest in your block as well as your own pad.

There will be more experts that you can shake a Ryobi at and the topics will include:

• How upgrading your building can add value to your apartment
• What major common property replacement projects are worth doing
• How to pay for works – the sinking fund, special levies and strata finance
• How to get energy consumption and cost saving upgrades started
• How to minimise the impact of renovations on others
• From a buyer’s advocate what the market looks for and values.

It’s all happening at the  Kirribilli Club, 11 Harbourview  Crescent, Lavender Bay NSW 2060, just a short walk from Milsons Point station, with $12 all day parking.

The day starts with registrations from 8.30 am and the sessions run from 9am to 4pm beginning with an introduction by Tim James, chief of staff to Fair Trading Minister Anthony Roberts who will doubtless have something to say about the proposed new strata laws. Either way, we’ll try to squeeze in a discussion about them too at some point in the day.

The day costs $55 for OCN members   $66 for Non-members (Lunch & refreshments included)

For more information call (02) 8197 9919 or go to http://www.ocn.org.au