Remove Blog Remove Contractors Remove License
article thumbnail

Optimizing Your Investment Property Returns with Property Management in Westerville, Ohio

RL Property Management

For more on calculating rent on your rental property, check out this blog from BiggerPockets. They also handle repair requests promptly, working with licensed contractors to resolve issues efficiently. They also monitor the rental market to suggest competitive rent adjustments, balancing profitability with tenant retention.

article thumbnail

Geoarbitrage Real Estate Investing: How Living Abroad Can Supercharge Your Wealth

SparkRental

Always consult a licensed real estate consultant and/or financial advisor about your investment decisions. Tim emphasized the importance of having a trusted local team including legal advisors, contractors, and property managers to ensure smooth operations and compliance with local laws.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Pick a Trustworthy Contractor for Your Commercial HVAC Needs

American Apartment Owners Association

Looking for a commercial HVAC contractor? Assessing Qualifications and Credentials Before you choose a commercial HVAC contractor, make sure that you ask them to show you their certifications and licenses. Anyone who is a legitimate contractor will be happy to provide you with this information. Have any questions?

article thumbnail

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.

article thumbnail

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.

article thumbnail

How SB-721 is Shaping the Future of Property Management in California: A Comprehensive Analysis

Authority Property Management

This blog post provides a detailed yet accessible analysis of SB-721's immediate and long-term effects on landlords and property managers in California. Qualified professionals must conduct these inspections, including licensed architects, civil or structural engineers, or experienced contractors.

article thumbnail

5 ways for high rise condominiums to save money in 2025

Condo Control

This includes things like: professional/management fees legal fees permits and taxes office rent office equipment and supplies accounting fees licenses bank or loan fees events Depending on the type of community you manage, annual administrative costs can easily add up to $5,500 per unit, or $1.65 million for a 300-unit building.