What Is a Body Corporate ... And How Do They Work? | Ep. 471
In this episode, we discuss body corporates, along with how they work ... and what to do if you think body corporate fees are too expensive.
A body corporate is a legal requirement if you hold a unit title property. Though, increasingly, if you own a townhouse, you may have what's called a resident's association in place of a body corporate.
Listen to the episode to learn the differences between the two, and what property investors need to know when purchasing investment properties with body corporates and resident's associations.
We wrap up the episode by talking about the Property Academy video course. This completely free course walks you through the fundamental concepts of investing in property. There are a total of 19 lessons, all hosted by Andrew.
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