Building maintenance software

Discussion in 'Property Management' started by FireDragon, 30th Jun, 2019.

Join Australia's most dynamic and respected property investment community
  1. chrish

    chrish Well-Known Member

    Joined:
    22nd Nov, 2017
    Posts:
    47
    Location:
    Perth
    I'm a bit confused. Does your family own the entire complex, or do different people own different units? Because you talk about common areas, which sounds like a strata complex. If so, you should have a strata manager to manage the common areas and collect levies etc.
     
  2. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,248
    Location:
    Sydney or NSW or Australia
    You still have common areas if you own the entire building, there is no requirement for a body corporate as you own the lot.
     
    Dan Wood likes this.
  3. FireDragon

    FireDragon Well-Known Member

    Joined:
    31st Jul, 2015
    Posts:
    258
    Location:
    Australia
    @Scott No Mates The building was only completed few months ago (all the certificates are still in place) and I found that it will be helpful if I can monitor the upcoming / overdue items closely and remind the agent.
     
  4. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,248
    Location:
    Sydney or NSW or Australia
    All you need to do is to ensure that the property manager has entered into contracts with each of the essential services providers & that they're doing the job.

    Many of the items may be under warranty periods included in the construction contract and will need to get new contracts in place.
     
    Dan Wood likes this.
  5. Michael Mitchell

    Michael Mitchell Property Manager Business Member

    Joined:
    17th Sep, 2018
    Posts:
    1,387
    Location:
    Brisbane (Nundah)
    Either employ the strata manager to also.manage the facilities, or employ a facilities manager or caretaker (contracted with a schedule of duties etc). Not really a property managers job and I suspect if you use a real estate agent instead of a facilities manager you will pay more and get a lesser service.
     
  6. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,248
    Location:
    Sydney or NSW or Australia
    I've previously worked for some of the largest commercial property management firms. We had asset management services, project management, FM& PM in-house.

    All of the big firms do it successfully.
     
  7. Michael Mitchell

    Michael Mitchell Property Manager Business Member

    Joined:
    17th Sep, 2018
    Posts:
    1,387
    Location:
    Brisbane (Nundah)
    I was talking about residential PM's, assumed that was what OP was talking about.
     
  8. FireDragon

    FireDragon Well-Known Member

    Joined:
    31st Jul, 2015
    Posts:
    258
    Location:
    Australia
    I did consider a building manager but it will cost around $80K a year for a building manager. The realestate agent can do most of the work but I would like to monitor the process for the first one or two years to make sure on the inspections and maintenance are done on time.

    I also have a strata manager which will help to review the agent's process and update us any legislative changes. I am considering to do this review once or twice per year.