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Reply: 1.1.1.1.1.1.1.1.1 From: Duncan M I guess the difference being that they dont own a unit built on land thats worth more than the value of the units themselves as do I. (my first PPOR, and a REALLY bad buy :-) ) Duncan.

Reply: 1.1.1.1.1.1.1 From: Duncan M Define reasonable? If I decide the driveway needs repaving, I can collect a special levy for that, hold it in the bank accounts of the Strata Group, on acquisition of the final property in a group we'll hold another strata group meeting (a total attendance...

Reply: 1.1.1.1 From: Duncan M > a total of $260K each. Whoops, that should read $260K in total. Duncan. -----Original Message----- From: propertyforum Listmanager [mailto:[email protected]] Sent: None Subject: RE: Strata titles From: Duncan Margetts...

Reply: 1.1.1 From: Duncan M That raises a problem I have Sim! I hold a unit in a classy suburb of Adelaide, Glen Osmond, the land is worth around $300K, there are 4 units in the complex, and they are worth around $65K each, a total of $260K each.. I've been trying to buy the other 3 for 4...

Reply: 1 From: Duncan M Hi Michael, I hold a number of units in Strata Groups, ALWAYS ask for copies of the minutes for the last few meetings of the Strata Group (if they're held), this will give you insight into: 1) Ownership breakdown, I'm always wary of complexes that have a large...