4 Factors to Keep in Mind When Hiring Contractors

One of your responsibilities as a landlord is to keep up with the maintenance of your properties. From the heating system to energy supply to structural issues, you need to keep your tenants happy by ensuring that your property is in top condition. The best way to protect your assets is hiring the right crew to keep your building functioning. When you are looking for and hiring contractors to maintain your building or property, take the time to pay attention to these elements.

Licensing and Credentials

The very first step you should take when looking at prospective contractors is their documentation. You should confirm that the contractor has the correct licensing according to your respective state. Double check online to confirm that the license is up-to-date. If the contractor is hiring other people, request their license and credentials as well. Remember that by checking these documents, you are protecting your property and possibly your tenants.

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References and Recommendations

Ask any potential contractor for at least three references from customers in the local area. A reputable worker should provide them with no problem. In addition, ask friends and family for any recommendations for any contractors who have worked with them in the past. Check consumer advocacy groups for any complaints.

A Solid Contract

When you are establishing a project, such as installing an air conditioning unit or repairing a heating system, make sure that the contractor places every aspect of the project in writing, including scheduling, price, materials, insurance, and more, as well as any additions or changes during the project. This will protect all parties involved should anything happen during the process. Do not trust anyone who refuses to put their work in detailed writing.

Solid Communication Between Parties

In order to have a successful project, you must establish clear communication between you and your contractor. Make sure that he or she is accessible as much as possible. Also, keep in mind that a recurring contractor is the line of communication between yourself and the tenants, so look for someone you can establish that type of relationship with.

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