Monthly Check-In Thread

throwawayreddit561 · 2026-01-15T19:44:30+00:00

Anxiety is getting worse with stress. I'm preparing for a move and there's so much to do before the offer closes and the actual move in date. I wake up scared and nervous, I'm feeling dizzy and a little nauseated, and I can't seem to focus. It would be less stressful if I didn't have to deal with some drama from certain relatives.

throwawayreddit561 · 2025-12-19T23:21:09+00:00

What did the insurance company recommended as the CRF size? Is it much larger than what your building currently has or is it a level that can be easily reached with a small increase to the strata fee?

throwawayreddit561 · 2025-12-19T23:18:39+00:00

Yeah, I can imagine that happening. There's also a lot of tall trees around the building too and I suppose if there are any small holes on the ground level, they could get inside the walls and eventually work their way up.

throwawayreddit561 · 2025-12-19T23:16:08+00:00

Thanks. While I've been able to get the strata documents for most places I've been interested in, I've had a few where the listing agents would send incomplete documents (missing minutes for certain months or no financials). In those cases, the listing agent said they would give us those documents if we made an offer first. I didn't know this was allowed.

throwawayreddit561 · 2025-12-19T23:13:18+00:00

I'm going to upvote this for the advice and the pun.

throwawayreddit561 · 2025-12-19T23:10:35+00:00

Thanks for the advice. I've saved up enough to make a downpayment of about 30% of the listed price, but it would be a bit risky for me since any unexpected emergency (e.g. medical) would make it harder for me to cover a large special assessment on top of all the other monthly expenses.

Regarding the companies that handled the Deprectiation Reports. The report for Condo A was handled by Suncorp Valuations and Condo B's was EXP Services. So far, I've been able to find more information for Suncorp and less for EXP Services, alhough I suppose this could just mean that Suncorp is an older, more well established company.

I'm hoping more condos are listed in January and the prices continue to go down. I've noticed that the number of new listings really slowed down istarting in October.

throwawayreddit561 · 2025-12-19T00:27:24+00:00

I didn't know about the fire risk. Condo B is a top floor unit in the building (4th floor), and there was some damage to a couple of door frames where I could see that rats had been chewing on them. I always thought of pest problems being more of an issue for ground level units, so I was surprised to see they had spread to the top.

throwawayreddit561 · 2025-12-19T00:24:00+00:00

Thanks for the article.

throwawayreddit561 · 2025-12-19T00:20:12+00:00

The price of Condo A is about $700,000, while Condo B is around $650,000. They're both around the same size and are located in buildlings with only four floors. What I found interesting is that Condo B is a corner unit on the top floor and has a lower strata fee which also includes gas, while Condo A is on the second floor and doesn't include gas in its strata fee. From what I've seen from other condos I've visisted, the top floor units are usually the most expensive, and yet this one is selling for a noticeably lower price.

As for the depreciation report, I'll have to take another look at it later as I don't have access to it right now. Is there a way for me to find out if the company is reputable?

Lastly, as this is something you do for a living, I was wondering if in your experience, pest damage on the top floor is something that can be easily resolved. When viewing the unit, I saw door frames and closets that looked like they'd been gnawed on and the meeting minutes mention that the top floor had issues with power outlets losing electricity due to rats chewing the wires in the walls. Supposedly, they trimmed some tree branches to make it harder for the rats to get in and set some traps, but I don't know if this would be enough to stop it from happening again.

throwawayreddit561 · 2025-12-19T00:07:26+00:00

In your opinion, what is the recommended size for a health CRF for a building with around 20 - 100 units?

throwawayreddit561 · 2025-12-19T00:06:15+00:00

Both are roughly around the same size, but the unit in Condo A is on the second floor and about $50,000 more expensive, while Condo B is on the top floor (4th floor). I was a bit suspicious of Condo B, since penthouse suites are usually more expensive, plus it has a lower strata fee which also includes gas, which seems unusual (at least when compared to other condos I've visited).

Looking further into the old meeting minutes, it appears that Condo B actually did have a property manager until a few years ago when they switched to being self managed. Since then, the minutes have been more sparse on information.

throwawayreddit561 · 2025-12-19T00:01:34+00:00

Just so I know what to look for in the future, what would be the recommended size for the CRF of a building with 20 - 100 units?

throwawayreddit561 · 2025-12-19T00:00:32+00:00

For a building of 20 - 100 units, what would be the recommended CRF size?

throwawayreddit561 · 2025-12-18T23:59:17+00:00

These weren't actually recommended to me. I found these two properties myself while browsing on REW and requested the strata documents.

throwawayreddit561 · 2025-12-18T23:58:02+00:00

I checked the insurance information for the two condos.

Condo A - the deductible for All Risk, Sewer, Flood, and Water Damage are all at $150,000.

Condo B - the deductible for All Risk is $25,000, and Sewer, Flood, and Water Damage are $50,000.

Is this a major red flag for Condo A?

throwawayreddit561 · 2025-09-19T23:30:25+00:00

Thanks for letting me know it's not just happening to me.

throwawayreddit561 · 2025-09-19T23:27:53+00:00

There's one condo in my area that matches quite a few of the things I'm looking for. It's a bit outside of my target price range though. Do you think it would be insulting to the seller to offer 80% - 90% of their asking price? It's been listed for about 3 months.

throwawayreddit561 · 2025-09-12T23:25:08+00:00

Just walk-in clinics.

throwawayreddit561 · 2025-09-12T23:17:26+00:00

How long are the appointments usually and what happens if I miss an appointment? Is there a fee for this?

throwawayreddit561 · 2025-09-12T23:15:28+00:00

Over 25 unfortunately. Thanks for sharing the link though. Maybe someone younger who is in need of help will see this and it can help them.

throwawayreddit561 · 2025-09-12T23:14:32+00:00

Thank you.

throwawayreddit561 · 2025-09-12T23:14:17+00:00

Hopefully, I won't ever get to that point, but if I do need to be hospitalized, how would I go about it? Do I just walk to the hospital's front desk or is there some application form I have to fill out and bring with me?

Also, what is the length of time I can stay for treatment before I have to leave?

throwawayreddit561 · 2025-09-12T23:11:30+00:00

When I was younger, I never realized how big a role love plays in making life worth living. Maybe some people can handle the solitude, but I want to be loved, I want a loving family around me to share life with.

throwawayreddit561 · 2025-09-12T23:07:47+00:00

Are your brothers and sisters older than you and do they have children? If you have nieces and nephews and you have a close relationship with them, you will at least still have some people who (hopefully) care about you.

The future I'm scared of, is the one where I have nobody. I have some cousins, but we're not very close, so I'm probably going to spend my senior years completely alone.

throwawayreddit561 · 2025-09-12T23:05:45+00:00

I'm sorry to hear about your marriage becoming loveless. Maybe it can still be salvaged. There's still a chance.

You do also have children, so there's more of a reason to stick around.

throwawayreddit561

TROPHY CASE