Why You Need A Sinking Fund Forecast – Qld

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One of the benefits of living in a Body Corporate is the fact that everyone contributes their fair share to the future upkeep of the property. This is done through a regular drip of savings. In Queensland, it is called a Sinking Fund; In New

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Why You Need CapEx Fund Forecast – NSW

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One of the benefits of living in an Owners Corporation is the fact that everyone contributes their fair share to the future upkeep of the property. This is done through a regular drip of savings. In Queensland, it is called a Sinking Fund; In New

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Why You Need A Maintenance Fund Forecast – Vic

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One of the benefits of living in an Owners Corporation is the fact that everyone contributes their fair share to the future upkeep of the property. This is done through a regular drip of savings. In Queensland, it is called a Maintenance Fund; In New

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RUMS Add Value

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Caretakers, Facilities Managers, Building Managers, Resident Unit Managers – no matter what they are called in which state, they do more than make sure that the pool is clean and the common areas are in good repair. Great unit managers are active in their communities.

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Budgeting for Repairs and Maintenance

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Buildings in strata schemes are no different to cars. A building’s value will constantly depreciate and will require money to be spent overhauling them at some stage. To combat this constant depreciation, the building, just like your car, also requires ongoing maintenance and repairs to

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Green roof gardens need a management plan. Star BMS looks at the issues.

How Does Your Garden Grow?

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Over the past few months SSKB’s sister company, SSKB Developer Consultancy has been taking a look at green roof and roof gardens from a developer perspective. But what happens when the building is handed over and the responsibility for its maintenance falls to the building

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Star BMS - Building Maintenance Systems make life easy for RUMs

Maintenance Schedule System A Boon For RUMs

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Buying the management rights is an exciting business opportunity, but it also comes with a great deal of responsibility. While keeping the common areas tidy, the lawns mowed and holiday lets tenanted are self-evident duties, there are other responsibilities that a Resident Unit Manager who

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The Role of a Facilities Manager

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In the relationship between a body corporate committee and a facility manager, problems can sometimes arise where there is confusion on the roles of the facility manager. A ‘fit and firing’ relationship between these two entities is vital to ensuring a strata scheme can function

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StarBMS encourages building managers to present a business case to their committees

Prioritising Budgets for Building Improvements

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In 2015 SSKB surveyed Resident Unit Managers to ask them what their top five challenges were. The answer came back – working with body corporate/owners corporation committees to approve budgets for building improvements. We asked Chris Nezmah, general manager of Star BMS for practical tips

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Focus On Maintenance Pays Dividends

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The different demands of managing property are often at odds. Indeed, many discussions at a body corporate level are between some that want to invest to secure asset value and some that want to keep costs down. Ultimately, the majority rules but the committee must

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