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From: Dr IT
Hi Hi!
Being an ignorant wannabe investor, I came across a property which I want to be my first IP. However, the annual Strata fees seemed to be at the high end :- amounting to about $1500 per year.
The fees:-
Admin Fund: $418.68/ 6 months
Sinking Fund: $344.72 / 6 months (+ GST)
Is this something that I should be worried about?
Thanks in advance
Dr. I.T
Hi Hi!
Being an ignorant wannabe investor, I came across a property which I want to be my first IP. However, the annual Strata fees seemed to be at the high end :- amounting to about $1500 per year.
The fees:-
Admin Fund: $418.68/ 6 months
Sinking Fund: $344.72 / 6 months (+ GST)
Is this something that I should be worried about?
Thanks in advance
Dr. I.T
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