The Property Academy Podcast

EP: 1394

Setting Up Your Own Residents Association – Step-By-Step Guide for Property Investors | Ep. 1394

About this episode

In this episode, we dive into the murky waters of setting up a resident's association. You're in for a treat – it's a step-by-step guide!

A listener of the show, Michael is in a bit of a pickle. He settled on a townhouse in Dec '22. But here's the twist, the developer went under, and now there's no resident's association.

So, Michael is scratching his head, wondering – do I need one? And if I do, how on earth do I set it up?

In this episode, we clear the air about resident's associations – what they are, why they're important, and yes, the nitty-gritty on how to set one up.

You'll learn about the three main functions of a resident's association. You'll also learn the five steps you need to set up a resident's association:

Main topics discussed:

  • Setting up a resident's association
  • Role of insurance in resident's associations
  • Shared property maintenance
  • Rules within resident's associations

Want to become a successful property investor? The 'Ultimate NZ Property Investor Bundle' has everything you need, featuring spreadsheets, ebooks, an audiobook, and exclusive software.

The Property Academy Podcast 12

Related podcasts in this series

  1. The Property Academy Podcast 12

    EP: 1910

    7 Tools to Supercharge Your Property Investment Strategy ⎥ Ep. 1910

    7 Tools to Supercharge Your Property Investment Strategy ⎥ Ep. 1910
  2. The Property Academy Podcast 12

    EP: 1909

    Ranked NZ's Biggest, Cheapest, & Most Expensive Property Developers ⎥ Ep. 1909

    Ranked NZ's Biggest, Cheapest, & Most Expensive Property Developers ⎥ Ep. 1909
  3. The Property Academy Podcast 12

    EP: 1908

    New Auckland Council Rules Are Killing Housing Supply Ep. 1908

    New Auckland Council Rules Are Killing Housing Supply Ep. 1908
  4. The Property Academy Podcast 12

    EP: 1907

    How I Bought a House with 0% Deposit (Self-Made Property Investor) ⎥ Ep. 1907

    How I Bought a House with 0% Deposit (Self-Made Property Investor) ⎥ Ep. 1907