Are You Planning to Sell Your Property? Consider These Upgrades First
When you own a multi-family property, you are typically in a constant state of renovation and repair. If you are considering selling the property in the near future, you should take a different approach to your property. Instead of focusing merely on basic maintenance, you should plan projects that will help prepare to put the […]
Five Upgrades That Will Increase Profit
Have an older community that needs some updates? Focus on upgrades that will deliver in both rental rates and sales prices. Make sure your enhancements are appropriate for your demographic, area, and property. What will make the largest impact for your property and property location? These five upgrades are proven to refresh a community and […]
Ensuring Your Contractor Finishes on Time and Under Budget
Are you planning a big remodeling project on your multi-family unit? Do you need damage repair after a storm or fire? Do you want to update the units in your buildings? Hiring the right contractor can make the difference between a nightmare and good experience. It’s easy to find a local contractor, but you shouldn’t […]
How Do I Know I Have a Good Contractor?
If you are remodeling or repairing units in your multi-family complex, the most important step is finding the right contractor. Only consider companies that have experience with multi-family properties. Companies that don’t won’t be able to fully meet your needs and may overextend your timeline and budget. A good contractor will provide you with a […]
What to do after a Fire or Storm
Hopefully, you will never have to deal with fire or storm damage to your multi-family property. However, if damage does occur, knowledge of the insurance claims process can help you get problems fixed as efficiently as possible. You should always keep a copy of your policy in a safe place. Read through the policy thoroughly […]
Dealing with Insurance after Damage Occurs
If your multi-family property has been seriously affected after a storm, fire or other serious incident, you may have a major rehabilitation project on your hands. Most serious repairs can’t be put off. You may have leaky roofs, broken windows, damaged paint jobs and a host of other issues. You will need to immediately contact […]