What does it take to maintain a commercial property? For starters, you need to be on top of things. With all the different types of properties and needs for each one, it can be challenging to know where to start. This article will continue to give you some helpful tips that you might not have thought of before.
1. Keep up with the Maintenance and Repairs
As long as tenants are on your property, repairs and maintenance are an ongoing fact of life. It’s essential to have a plan for dealing with these issues before they become a crisis. Have a schedule for routine inspections and repairs, and make sure your tenants know who to contact in case of emergencies. It’s important that you take care of all of the problems that crop up as soon as you are aware of them, even if this means spending a small fortune on roofers, plumbers or whatever else you need. Let your tenants know that they should be keeping an eye on things, even though you have regular inspections.
If you cannot handle the work yourself, be sure to have a good contractor on hand who can help you out. Getting a commercial property maintenance company on board ensures that landscaping, gardens, and common areas are always looking their best. This leaves your property looking good and helps tenants feel secure in their surroundings.
2. Get an Insurance Cover
Who knows about tomorrow? The best way to be on the safe side is to have insurance cover for your property. This will safeguard you from any unexpected events such as fire, storm, or theft that may occur and cause damages to your property. By getting a good insurance cover, you’re assured that even when the unforeseen happens, you will not have to worry about the damages as they will be taken care of. When looking for a perfect cover for your property, make sure to compare the different offers and rates from various insurance companies. This helps narrow down your options to only the best ones.
3. Inspect your Property Regularly
Another way of maintaining your property is by getting an inspection done on it often, so you will be able to know what parts need repair or replacement at once and prevent more serious damages from happening in the future. If you happen to own a commercial building that has tenants who also conduct business there, ensure that they know their responsibilities when renting out space for their operations; especially if it requires electrical wiring, ventilation system installation/maintenance, fire safety equipment checks (like smoke detectors), etc., which might affect other people working around them.
4. Sign a Lease for your Property
It’s time to get a good lawyer on your side and make sure you sign a lease in writing. It would be best to protect yourself while protecting your tenant’s rights (s).
You will want to know what you can do if repairs are needed on the property (and no one has made them) and who pays for utilities. It’s also essential to find out how long the lease is from start to finish, so you have an idea of when it expires. Get all this information in writing before signing anything!
By having your tenants sign the agreement, you protect yourself from any future legal issues.
5. Replace HVAC Filters Regularly
The HVAC units in your property play a vital role in keeping your tenants comfortable. After all, tenants want to live in a clean, comfortable space. If the air quality is poor or particles are floating around, your tenants aren’t going to be happy. Make sure you replace HVAC filters regularly.
What is one thing that can cause a low-quality air experience for your tenants? Dirty or clogged filters! Filters help trap airborne pollutants, but when they get dirty, it’s almost like trapping all of those contaminants inside with your tenant – who may have respiratory issues already. Change the filter every month and even more frequently during high traffic times (like winter).
The last thing you want is to lose a good tenant because they weren’t getting enough fresh air due to an old or dirty filter. So do yourself a favor and make it part of your routine to replace HVAC filters on schedule.
6. Frequently Clean Gutters
Clogged gutters can lead to water damage on the roof and eaves of your building. The water can also create a breeding ground for mosquitoes if left unattended. Unless you don’t mind dealing with these pests, it’s best to clean your gutters at least twice a year.
Depending on the size of your property, clearing the gutters yourself might be a daunting task. You can always get the help of a professional gutter cleaning service. Professionals know what they’re doing and will have your gutters cleaned in no time.
Maintaining your commercial property is very important. If you want to attract people and customers, your commercial property must look clean and presentable so they will be interested in doing business with you or renting space from you. The tips highlighted above are some of the few ways you can maintain your property and keep it looking its best. Implement them into your routine to achieve the most desirable outcome.