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The Habits of Successful Commercial Property Managers

You may think that your commercial property is puttering along, maintaining itself, but do you have a solid plan to protect your asset? A proper maintenance plan is essential to maintaining the health of your investment and will save you stress and frustration in the long run. In addition to keeping the structure itself well supported, it will also minimize downtime for your tenants. Roofing is one of the most significant and costly components of a building, and requires a particularly strict set of standard procedures to keep up-to-code.

As your property’s roof ages, it requires the same TLC that you do. Neglecting to address issues before they arise is a sure path to thousands of dollars in repair costs. This becomes crucial just after the roof is installed. Failing to schedule routine inspections and minor repairs in the second year can lead to leaks, insulation problems, and continued damage.

Not only are repairs themselves costly, but a faulty roof means that you will lose out on rent. Not many tenants will be willing to pay a premium for a leaky roof or mildewy corners. Even if you fix the problem while they are operating there, you may be required to prorate their rent.

Maintaining your commercial property with the help of a qualified contractor also significantly increases its resale value. Commercial roofing is a “make or break” factor in the world of real estate. A solid and up-to-code structure can greatly increase the property’s value, but one that has been weathered by the elements and poorly-maintained can decrease it. That’s why successful commercial property managers are always on top of scheduling regular checkups with a knowledgeable and trustworthy professionals.

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