Many property owners believe that property maintenance and property management are one in the same, however, there are some very specific differences that define the two.
Property maintenance is the service you get for your property when you either don’t have time or capabilities to maintain your property to a condition where you are happy. Property maintenance is a professional service that offers commercial property owners a workable solution to keeping up appearances of your investment. If your property has a lot of traffic, the premises need to be looking great always and this is where property maintenance comes in.
Whether have a large or small property, maintenance needs to be considered an essential part of its upkeep and protection. Property maintenance providers are essentially the property’s caretakers and are responsible for repairs of damage and replacement of equipment. They would also oversee replenishing necessary supplies to operate the property.
What Does Property Maintenance Management Include?
Property maintenance would often include things like general cleaning services, lawn maintenance, plumbing, HVAC maintenance, electrical and painting, snow removal, storm clean-up, repairs, and more.
Property maintenance management can also include a range of other services, and if you speak to your local professionals they will be able to work out a system that includes the services your property requires. There are many ways your home or business can benefit from Property maintenance management.
Advantages of Property Maintenance Services
Hiring someone to do the jobs you don’t have time for will save you valuable time and money as a landlord. Property maintenance can take up a substantial amount of your time if you must do it yourself, and when you are trying to run a business, the last thing you want to have to deal with is whether your edges need trimming, or a tree needs pruning.
Benefits For Your Tenants
If you have several tenants within your building, maintenance of these properties can be very time-consuming, so having a professional with all the tools and time to handle it, you will be much better off. It will also benefit your tenants if something goes wrong. In the case of storm clean-ups, having a professional team on hand for maintenance will ensure the job will be completed, and repairs carried out within a short time frame. If it was up to you to repair the entire property while trying to run your business at the same time, the job would take far longer to complete.
Hiring someone with all the right tools already means that you won’t need to buy tools AND find time to learn how to use them properly. Hiring someone with the skills already will save a lot of time and money.
Quite often, property maintenance professionals will agree with you on a monthly service fee which means you will have a regular outgoing cost of the same amount based on your agreement. This means there will be no hidden costs, only for emergency repairs.