Property maintenance is critical to maintaining property assets in good order and keeping tenants leased. A property maintenance strategy is essential for homeowners associations, multifamily communities, and house rent landlords to avoid losses, preserve equity, as well as keep tenants happy.
Common area maintenance can encompass a range of tasks. You can keep the common areas clean by simply cleaning out entryways, mailboxes and laundry. Or you could manage a whole host of amenities.
The spring maintenance season is not far off. Winter’s snow, ice and wind will take its toll on roofing, windows, and heating systems.
There are three main types of property maintenance workers: the property manager, maintenance technician, and janitor.
Summer months are an ideal time to make repairs and improvements while the weather is warm and relatively dry (depending on where your properties are).
What makes owners happy? There are very few or no surprises. Regular maintenance means that there are fewer unexpected repairs. Regular upkeep can be budgeted for by owners, so they don't need to resort to an emergency fund to cover more costly repairs. Smart home technology can be used to make your rental units more efficient and detect issues faster. This will also increase the comfort of your tenants.
This is brilliant. It’s so important to be proactive and plan ahead for the smooth maintenance of our properties than rushing out during a breakdown event.
Moving out tenants who lived in one or more years of a rental unit will always require some maintenance. Your bottom line is dependent on your ability to efficiently turn your units. When you don’t know the status and details of each repair, efficiency can become a problem. You should use technology to improve unit turns and streamline the process.
In addition to seasonal maintenance tasks there are regular actions to keep residents and properties safe, as well.
The winter season brings some difficult conditions to any rental property. Heating costs rise, systems malfunction and hazards are all common. Tenants need to call for your assistance. Some of those emergency calls can be your most costly maintenance and repair costs.
Property maintenance can best be defined as any preventive maintenance or reactive maintenance taken to ensure that a property is fully functional and functioning in its best condition.
You need to look for someone with the appropriate skills and experience to match your properties. Someone you can trust and rely on to make sound, well-thoughtout decisions. The more you can trust a candidate to take on the responsibility and manage themselves, the less you will have to do. This will help save you money in future as it will reduce the need for costly contractors when there are urgent maintenance issues.
Property maintenance is a serious responsibility that can have severe consequences. As you can see, there are many advantages to maintaining your property. Below, we have listed a few.
Maintenance of common areas can include a wide range of tasks, as well. It can be as simple as keeping halls, entryways, mailboxes, and laundry maintained, or as complicated as managing a host of amenities.
Which of the four types of maintenance strategy should you use?
Maintenance that is corrective.
Preventative upkeep.
Maintenance based on risk.
Maintenance based on conditions.