Whether you are buying or selling real estate, it is critical that you have the property inspected and that you disclose any issues that are required by law to disclose. For example, you may be legally required to disclose lead, asbestos or other toxins in the home. Failure to do these things can result in fines or other issues. However, it isn't always easy for real estate buyers and sellers to know what they need to do. Hi, my name is Mary. I have been investing in real estate since the week after I left uni. I love it, and I have learned a lot along the way. I want to help and inform others so I decided to make this blog. I hope you find it useful.
Maintaining a commercial property can be one of the most expensive and time-consuming chores you will take on as a commercial property owner. This can be true of residential complexes, shopping centers, and offices, as well as production and manufacturing facilities. Note a few easy tips for making this maintenance easier on you and all your tenants or occupants so your property is always in good repair and safe for everyone.
1. Increase the Rubbish Bins
If tenants tend to put their rubbish outside their doors or otherwise allow it to stack up rather than putting it right in rubbish bins, consider increasing the number of bins you provide. This can make it easier for them to take their trash to the bin and will also ensure that bins aren't overflowing, increasing the risk of rats and other rodents and potentially resulting in fines from your city. You may also want to increase the types of bins you provide. For example, if furniture and large items tend to stack up, get a large bin meant for such oversized items. A separate bin for recyclable materials can encourage tenants to recycle and keep that rubbish out of your standard trash bin.
2. Rotate Emphasis on Different Areas
Every month or every quarter, you might rotate through areas of emphasis. This means concentrating on one area of the property that you will check from top to bottom, making small fixes as necessary, and updating or upgrading as well, along with your standard maintenance chores. For an apartment complex, this might mean one building that you check each month. For an office complex, you might concentrate on the basement storage area one month, then the mezzanine or lobby area the next month, then the public restrooms the month after, and so on. By rotating through areas of emphasis, each one will get specialized attention to ensure they're in good repair and nothing will be overlooked.
3. Maximize Efficiency
To improve your maintenance, maximize any and all steps you can take toward efficiency. For example, if washing the windows of your commercial storefront takes hours every week, consider applying a coating over the windows that more readily allows dirt and dust to fall away, keeping the windows cleaner. If pulling weeds for the landscaping features is tedious, consider putting down mulch or river rock or another material that chokes weeds before they can grow. Maximizing your efficiency for the tasks that are most time-consuming and yet easy to change can make maintenance of your property both faster and easier.
If you find you don't have the time to give your property the attention it deserves, consider hiring a commercial property maintenance service.Share
4 April 2016