Should you hire an unlicensed contractor just to get a job done fast?
Should you hire an unlicensed contractor just to get a job done fast?
Are you thinking about hiring an unlicensed contractor to get work done on your rental property?
If you’re wondering if this is a good or bad decision to make, the reality is that it’s one of the worst decisions any property owner can make.
Here’s why:
The Work May Not Be Up to Code
As a property management company, that specializes in real estate rental services, we can honestly tell you that if you decide to hire an unlicensed contractor to work on your rental property that work may not be up to code.
By choosing to have someone do work on your property that’s not up to code, you could face the real possibility of having to tear down their work (if you want to sell your property) and hiring a licensed contractor who will do everything to code.
Hiring a contractor to perform work on your rental property that’s not up to code also means that you could face a lawsuit should your tenant get into an accident at your rental property or become injured due to the unlicensed contractor’s work.
An Unlicensed Contractor May Not Be Bonded or Insured
Another major problem with hiring an unlicensed contractor is that they may not be bonded and insured.
It may not seem like a big deal for some people to hire an unlicensed contractor but the reality is that doing so could void your homeowner’s insurance policy and make it difficult for you to sell your home in the future.
Save Time and Money by Hiring A Property Manager
Want to save time and money managing your rental property? Outsource the management of your rental property by hiring an experienced property manager.
We take the stress out of managing rental properties, especially when it comes to making repairs since we only work with licensed contractors.
Learn more about the services we can offer you by contacting us at (800) 294-4656 or connect with us online.