How much work is involved in a self managed strata plan?

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  • 02/12/2013 at 4:38 pm #9248 Reply | Quote
    Dudley
    Flatchatter

      I have reached the point where I am considering the self managed strata plan option. The management costs are increasing, additional charges multiplying and satisfaction and performance decreasing. However, I am concerned at what level of work is required and the level of responsibility that must be accepted by whoever puts up their hand to run the program – specifically the record keeping and financial requirements.

       Is there a type of program that handles the paperwork and allows the other side of the operation to be handled by the owners.

      Our plan is small, 4 townhouses, with a very small  common area and in excellent condition. The other owners are supportive of the idea but to be honest they would be unwilling or incapable of being involved.

      Any suggestion on where to start would be appreciated.

      Dudley

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    Reply To: Reply #20357 in How much work is involved in a self managed strata plan?
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