Investing in a condo also offers the opportunity to utilize the property’s value for further investments. Condo investment is often used as collateral to secure additional financing for expanding one’s real estate portfolio. While this strategy can potentially increase returns, it also carries risks. Therefore, it is essential to have a solid financial plan in place and carefully consider the potential effects of market fluctuations.
3. Not Getting a Written Contract
5. Not Asking for a Detailed Estimate
A written contract is crucial when hiring a paint contractor for your condo. It outlines the terms and conditions of the job, including the scope of work, timelines, and payment schedules. It also protects both parties in case of any disputes or misunderstandings. A verbal agreement is not enough, as it is difficult to prove in case of any issues. Ensure that you go through the contract thoroughly and that all the …