Hire Contractors, not Friends

The article emphasizes the importance of hiring contractors for building repairs and upgrades in a condo building. Contractors offer specialized expertise and are necessary in areas where corporation employees lack specific skills. The article suggests relying on condo management to recommend contractors based on prior experience, rather than hiring friends or non-business referrals. Another approach is to request bids, but low-bid contracts should be eliminated from consideration. Before signing a contract, it is important to meet with the top few bidders and request a certificate of insurance to avoid liability in case of an accident by an employee of the contractor.