Here and Now
Grand Reef in Dee Why was one of the first buildings to borrow from us – we were delighted to be able to help them through a very difficult period for such excellent results.Here is their story:
 | Capital Works – how to get it rightTwo separate decisions The first thing to do when considering capital works is to separate the two decisions involved - the works and how to fund them. There's a good reason why these two activities are separated in strata legislation. See Maintenance Plans and Funding for more details. Think investment, not $ Capital works are an investment. It's a mistake to think of them as an expense or liability. They are essential for improving the value of your property so you should spend the most amount of time deciding which works are appropriate to get the maximum Return on Investment (ROI). In other words, think about what will give you the best bang for your buck, not which will be cheapest. Deciding on which works you should undertake is critical. Quality Work = Better ROI Part of that decision will mean taking the time to choose the right contractor. Carefully compare the quotes, check their references, see if previous customers are happy and then make a decision. Remember, think ROI (return on investment or bang for your buck), not $. |
