Commercial
property owners have two main objectives to accomplish: one, to
preserve the property’s overall value; and two, to generate enough
return of investment. Proper maintenance allows property owners to
achieve both. Here are some useful tips.
Exterior
The premise here
is pretty simple: no one would like to rent or lease out an ugly
building. Owners are advised to perform routine inspections around
the property on a regular basis, taking notes on everything that may
stand out of the ordinary. Unhinged or rotting doors, blocked paths,
damaged roofs, or chipped paint are some of the most common problems
a landlord can identify during exterior inspections.
Interior
If the exterior
of the property looks presentable, the inside should follow suit.
However, the lease agreement between the property owner and the
tenant can identify the latter as the one responsible for the
interior’s upkeep.
Utilities
Utility systems
like plumbing, electricity, heating, cooling, and elevators must be
kept in tiptop condition at all times. For instance, water system
components like gutters, downspouts, and drains must be checked for
possible cleaning or repairs, as well as heating components like gas
heaters. For electrical systems, components such as ground fault
circuit interrupters must be tested or tripped monthly to keep them
working perfectly.
Performing these
checks might be cumbersome; but if done correctly and regularly, it
can save any landlord a lot of time and money in the long run.
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