To sum it all up, as a residential property manager be prepared when you are asked to have significant repairs done on your client's property. Be certain to get a written bid, obtain the necessary funds from the owner prior to work beginning and be certain all the work is completed before the final payment to the contractor.
Peter Meer is President/Broker of Meer & Company, Inc., 303-322-1550, which manages 150 single family homes and properties in Denver, Colorado. He holds the Master Property Manager (MPM) designation and the firm holds the Certified Residential Management Company (CRMC) designation from the National Association of Residential Property Managers (NARPM). To learn more about Peter's Landlord solutions visit Meer and Company website at www.meerandco.com.
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