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Professional Property Management: Why It’s Worth the Investment

Real Property Management Chicago

Distinguishing when a job requires a licensed contractor is sometimes complicated to decipher. Additionally, the best property managers interact with contractors who authenticate themselves as trustworthy service providers. But beyond that, it can be hard to tell who to call when disaster strikes.

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HOA Collection Laws In The U.S. (50 States) For Fair Debt Collection

HOA Managememt

It applies mainly to third-party collectors, and HOAs may be affected if they hire such contractors. With this, they may also challenge the debt if they find any inaccurate information. Maryland also requires that collectors be licensed with the states Collection Agency Licensing Board under Business Regulation 7-301.

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How to Handle a Bad Contractor

SparkRental

The Big Picture On How to Handle a Bad Contractor: Keep detailed records of all agreements, payments, communications, and any issues with the contractor’s work. Before escalating, address the problems directly with the contractor, clearly outlining the issues and your expectations for corrections.

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Are You Asking Enough Questions Before Hiring an HOA Contractor?

Mem Property Management

Different skill sets are required based on the area of need, so it’s important to be mindful of the contractor you use to get the job done. Let’s go over the top factors to consider when hiring a contractor to work on your HOA. In this article: Are They Licensed and Bonded? This is so important.

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PART 1: Why the Vendor Bidding Process Is Broken (and What It’s Costing Property Managers)

Fourandhalf

Are they in a database for licensing and insurance? Maybe you have in-house maintenance folks who are taking all of these bids and working on the information. If a vendor has no information to work with, theyre not going to submit bids. The RFP is the dog whistle that gets the clear information to attract the right vendors.

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Contractor Hiring 101: Tips, Tricks, and Red Flags to Avoid

Real Property Management DC Metro

Hiring competent, trustworthy contractors for your property improvements and repairs can be one of the most difficult aspects of investing in Brookland single-family rental properties. Few investors have the time or resources to hire a contractor whose work is merely substandard. Has the price remained the same?

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Contractor Hiring 101: Tips, Tricks, and Red Flags to Avoid

Real Property Management California Coast

Hiring competent, trustworthy contractors to handle your property improvements and repairs can be one of the most difficult aspects of investing in Torrance single-family rental homes. Few investors have the time or resources to hire a contractor who consistently delivers subpar results.