All Forum Posts by: Account Closed

@Account Closed

I've never seen an HOA that would permit the subdivision of a condo into smaller units.

otoh, I have subdivided a building into smaller condo units, but I owned the entire building and drew up new condo docs.

Property management companies handle repairs two ways.

1. They have their own in house repair team.

2. They outsource repairs. They will typically charge a % for setting everything up.

If you are working with a property management company that handles it in house you won't be able to directly hire their own employees. That would be like going to a restaurant and asking the cook to make you a steak in the parking lot for cheaper than the restaurant is charging.

If you are working with a property management company that handles repairs by outsourcing everything you could ask for a referral to other contractors and speak directly with some of those contractors. In this situation I would not expect to get any discounts that the property manager may get from these contractors as you do not have that relationship with them like the property manager does. I would also expect you to only get referrals to contractors that work directly with end customers. Some contractors do not and will not want to take calls from end customers so the referalls you get are going to be to the higher priced contractors that carry heavy overhead.

 Ok, it's either my English is not good or some major misunderstanding keep popping out one after another. Heard my idea, i find a PM, told that person i would like to build trust & relationship with him to see if i should let that person manage my future properties. So i ask who is their contractors so i know what advice in repair & replace i should expected. After all i want to know should i trust in this PM & his/her contractors. Yes, i will ask for their track record, system in place, experience and other criteria in looking for a PM company. As for the other investment i had said, it mean that since i know & trust the contractor, i may want to directly call them and ask them to renovate a property for a flip purpose, or something similar. That's all. I failed to see how this misunderstanding happened or what i did wrong here. I simply cannot see it.