What Are Body Corporate Services?
With there being so many real estate investment opportunities, there are buildings with multiple units where each is owned by a different investor. Well, that’s where body corporate services come in handy.
They are used to manage such types of real estate investments. Therefore, if you own an apartment or apartments, you need the services of a body corporate service. Remember, any apartments jointly owned by different investors should be managed properly by adhering to the laws and regulations in Brisbane.
During the management process, the interests of all the investors should be taken into consideration. That’s why body corporate services are the best choice for such management needs.
Are you wondering whether or not you need body corporate services in Brisbane?
Here’s what you need to know about body corporate services, their jobs and how you can benefit from them.
Why Should You Hire Body Corporate Services?
Here are some of the benefits you can enjoy from hiring body corporate services.
- Handling The Complexities Effortlessly
Body corporate management can be quite tasking. As mentioned, it involves managing the interests of various investors of a jointly owned property. It might be hard to navigate through the various laws and regulations in Brisbane.
Remember, real estate laws can change very fast. However, with a body corporate service, you can manage your real estate investment effortlessly. It’s easy to divide the profits from the property among all the investors and ensure a profitable investment for everyone.
- Handling Maintenance And Repair Services
A body corporate service comes in handy with the maintenance and repair needs of the entire apartment complex, especially for jointly owned properties. They can ensure that all the tenant needs are met and the repairs are handled in a timely manner.
With proper maintenance, you can count on the best tenant retention rates. By hiring a body corporate service, you can count on beneficial relationships with maintenance and repair crews in Brisbane. That way, anything that needs to be done will be followed through without any delays.
- Resolving Issues
A few problems are likely to come up with jointly owned real estate opportunities. Some investors might not like each other while others might be too competitive. That’s where a body corporate management service comes in handy. They should be able to go through the issue at hand and resolve it without causing a huge battle among the investors.
Qualities Of The Best Brisbane Body Corporate Service
- They should be able to meet the needs of the tenants and investors by offering a good personalised service.
- They should have local expertise such that they can adhere to the property laws and regulations effortlessly.
- They should have proper methods for handling maintenance and repair issues in a timely manner to ensure tenant contentment.
- They should have access to the best in-house specialist and legal experts in the event of a problem.
Take your time to find the best body corporate services to enjoy these and many more benefits!
Samuel Leeds Buys Shares In Property Tribes; Says He Wants To Make It Better
People in UK property circles may be familiar with the very public dispute between former MTV presenter, property investor, and community manager of the company Property Tribes, Vanessa Warwick, & property investment trainer and owner of the company ‘Property Investors’, Samuel Leeds; as Leeds has accused Warwick of assisting with racism and discrimination against ethnic minority tenants. In recent news, Samuel Leeds was reported to have bought a 35% share of the company Property Tribes, making him officially now a person of significant control at Property Tribes.
Warwick established Property Tribes to accumulate wisdom from various property owners and landlords to create a place of guidance for people in the industry to do business better. According to the company,
“We wanted to create a free use, safe, and agenda-free place for landlords to get information from a “hive mind”, not a singularity, so that they could learn and grow their property business.”
However, in one of his recent videos, Samuel Leeds pointed out blatant support of racism in some of the advice coming from Warwick herself. As one of the landlords asks on the forum – if they would be implicated by the race discrimination laws in the UK for refusing tenancy to Bangladeshi families as the landlord is not fond of the smell of their staple food, curry; Vanessa Warwick herself is seen advising against mentioning the reason for said refusal, thus averting the legal repercussions altogether.
In the video, Leeds points out several more situations where Warwick has behaved in a racist manner. In fact, she has become a new advisor on the panel of the UK’s Property Redress Scheme and has been under criticism in their forum as well for supporting discrimination against ethnic minorities.
Warwick also expressed strong disapproval of Leeds as a property trainer citing the reason that his students came from the “vulnerable” demographic. Leeds called out the racist mindset in this reasoning, as in reality, his students predominantly come from ethnic minorities and don’t fall in the “vulnerable” category. He began drawing attention to the issue over his YouTube channel and his website, and ended up facing severe disparagement from Warwick and her followers. Leeds finally sued Warwick for defamation and she brought a counter lawsuit for six-figure damages.
In an attempt to put an end to the battle once and for all, Samuel Leeds reports to have bought a share, 35% to be exact, of the company, Property Tribes. Even though he is only a minority shareholder and will have limited control, Leeds believes he can make a difference in “cleaning up the company” and reduce racism in the forum.
He jokingly adds,
“Because they trolled me, I wanted to at least get paid… Like Michael Jackson did to Eminem.”
Leeds pledges that any money he makes off this transaction will be donated to charitable organisations that tackle racism and online bullying. In addition, Leeds will donate an extra £50,000 to organisations that fight hatred in the UK. With this move, he is determined to take a strong stand against all discriminations in the property sector or any other industry.
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