More overcharge shock for Netstrata clients
Sue Williams looks at the latest expose of strata management giant Netstrata, which has been quietly uploading invoices to client portals, exposing exorbitant brokerage fees for insurance premiums.
Forum: Strip club poser for strata scheme
What can owners do when the fact that there's a strip club in the block causes insurance premiums to triple?
Forum: Strip club poser for strata scheme
What can owners do when the fact that there’s a strip club in the block causes insurance premiums to triple? [See the full post at: Forum: Strip club poser for…
Podcast: Pumping irony and airbnb on defensive
Jimmy and Sue discuss the first-floor resident being driven mad by the thumping and pumping from a pro gym beneath her flat PLUS how Airbnb is responding to a global…
Reply To: Strip club tripling insurance premiums for block
Jimmy-T wrote: Surely all the evidence that would be required would be a couple of quotes from reputable insurers with the nefarious premises included and matching quotes with them excluded,…
Reply To: Transfer to self-management
Newcastle_SM wrote: tina wrote: We were lucky to have a bank manager, who was serving on the strata committee of a self managed strata. He told us we would save…
Reply To: Strip club tripling insurance premiums for block
The Section of the NSW section for lots responsible for an insurance premium increase (Section 82) requires their “consent of the owner” when presented with the explanation and cost. If…
Reply To: Strip club tripling insurance premiums for block
kaindub wrote: But having spoken to an insurance broker (and one that is quite experienced in this type of insurance) I was never able to have explained to me how…
Reply To: Strip club tripling insurance premiums for block
There are a number of issues here. In the last 3-4 years strata insurance premiums have gone up a lot (more than inflation) From my experience, where there is commercial…
Podcast: Off-plan buyers rage and SMs slap back
In this week's podcast Jimmy and Sue discuss whether there is a viable solution to the Sapphire schemozzle in Gosford. And do strata managers have a point about unfair treatment…
Sapphire: Shattered dreams or a bullet dodged?
Work has halted on the near-complete Sapphire development, leaving initial investors frustrated and angry as they decide whether their shattered dreams are really a bullet that they've dodged.
Reply To: Should we get rid of an outdoor laundry drying area?
So much water under the bridge since this post. Even though all AGMs and Levy Notices referred to the Vic Strata Act 2006 – it was not relevant as we…