MAINTENANCE & REPAIRS
Besides reducing the risk of property injuries for yourself, your employees, and your tenants, you need to have a good property building maintenance system in place for plenty of other reasons too. Consider just a few examples:
Increased property value: A maintained property will hold value or increase in value. The lack of repairs will detract from the property’s market value and rental prices.
Satisfied tenants: Poor maintenance of buildings, property, and appliances will generate dissatisfied tenants and may break the terms of your own lease.
Reduced costs: An efficient property management program can help save money by minimizing risks, extending the life of appliances and equipment, satisfying tenants, and decreasing manual effort.
Less work: Property managers have plenty of work to do. By having a building maintenance system in place, you can reduce the time you spend contacting tenants and owners, tracking work orders, manually entering data in other software, paying invoices, and dealing with emergencies.