Strata property can be a smart investment—but it can also turn into a financial nightmare if you don’t understand the risks. In this episode, I sit down with my business partner at Rezzi Strata, Nikki D’Agostino, to share real stories from the front line of strata management.

We talk about one shocking case where a $12K insurance policy skyrocketed to over $300K, why certain tenancy types are considered high risk, and how WA’s Strata Titles Act reforms can shift costs back onto problem owners or tenants. We also explore what makes a scheme “unmanageable,” the importance of checking strata minutes before you buy, and why community harmony matters for long-term value.

If you’re investing in WA property, this episode could save you thousands.

Key Topics Covered:

✅ Why certain tenancy types can send insurance premiums through the roof

✅ How a $12K policy turned into a $300K nightmare for one strata scheme

✅ The new WA legislation that allows costs to be shifted back to problem owners or tenants

✅ What makes a strata scheme “unmanageable” from a manager’s perspective

✅ How strata minutes can affect property valuations—and your exit strategy

✅ Why building community matters just as much as managing compliance

✅ The role of AI, automation, and offshore teams in the future of strata management

Resources & Links:

• WA Strata Titles Act reforms
• Website: https://rezzi.com.au
• Instagram: @rezziau
• YouTube: Rezzi Channel

Connect with Me

Website: https://rezzi.com.au

Podcast Hub: https://rezzi.com.au/podcast/

Instagram: @rezziau

YouTube: Rezzi Channel

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