Whether you’re a landlord or a busy commercial property management company, you’ll likely require the services of a property management company.
Your reputation rests on the satisfaction of tenants and guests. The finer your reputation, the higher your retention of tenants and repeat business.
Managing quality maintenance on rental and investment properties requires countless skills.
It is, therefore, a worthwhile endeavour to find the right team to outsource this too, and take the hassle off your hands. A responsible commercial property management company, can address difficult problems that are beyond the scope of general maintenance workers.
Most property management companies have a contracted maintenance team, with 24/7 support. Most businesses can benefit from a regular, controlled service offering because it works out to be a more workable, manageable and cost-effective solution. At FSG, we offering a wide variety of services to manage all aspects of your property like; landscape construction, garden maintenance, office maintenance, indoor office plants, security, pest control, cleaning and hygiene – isn’t it nice to know that you can get this all done with one call.
Properties have boilers, several HVAC units, stairwells and/or elevators. They may also have large spaces like landscaped gardens, hallways, common areas, and parking lots that need upkeep and they tend to have heavy foot traffic. In a nutshell, property management businesses handle routine cleaning, upkeep, safety checks, damage and emergency repair.
When going with a professional, outsourced property management service provider, you stand to benefit from their years of experience and a structure that prioritises efficiency and cost savings.
Most address maintenance based on 3 different priority levels:
- Reactive maintenance (waiting for issues/failures and respond to emergencies)
- Preventive maintenance (performing inspections on regular intervals to record condition; addressing small matters before they compound to bigger issues)
- Predictive maintenance (establishing when maintenance may be needed in the future)
There will typically be an established system for planning and scheduling every maintenance task that your property requires. At the minimum, such a system should include:
- Regular maintenance checks, inspections, and visits.
- Documentation of all maintenance performed.
- Recommendations for upgrades and improvements.
- Standard procedures for hiring and managing vendors and contractors.
Property management services could include caring for the landscape, building equipment and infrastructure, roadways, shared areas of buildings, and exterior elements. This service can translate into secondary effects, such as avoiding fires, floods, disease transmission, bylaw infractions, preventing tenant injuries and lawsuits.
Of course, consistent maintenance increases the appeal and value of your premises.
Having a dedicated maintenance team presents an enormous advantage for prospective tenants.
What does a property management company do?
When contracting a maintenance management team, you can expect to be working with 3 types of staff – A property manager, maintenance technician and premises attendants.
The property manager assigns regular tasks to the attendants. Work requests from tenants or guests may require the expertise of the maintenance technician. The technician also manages outside contractors that service elevators, HVAC units, and other systems that require specialised training and compliance. The quicker they can accomplish the tasks, the better.
Tasks handled by property management companies include:
- Lawn maintenance, tree trimming, garden tending, watering and Landscaping
- Heating and air conditioning
- Sanding, prepping, plastering and painting
- Electrical work
- Office maintenance and repairs
- Locksmith issues
- Common area upkeep
- General cleaning and disinfecting
- Pre-and-post occupational cleaning
- Swimming pool and hot tub maintenance
- Security Maintenance
- Carpentry, flooring, cabinet and door repairs
- Parking lot cleaning
- Storm clean-up
- External repairs to sidewalks, roofs, gutters and windows
- Plumbing work
- Pest extermination
A property management company will conduct regular inspections to improve your bottom line.
Good record-keeping of what’s been inspected, maintained and repaired is vital for landlords who need to plan financially towards future equipment and appliance purchases or repairs. The more expensive the renovations or apartment amenities, the more managers need to be on top of the property’s condition. Routine inspections are key to protecting these amenities. Timely predictions of premises maintenance requirements will also allow for better budgeting and cost savings. The more predictive the budget, the better it is for the bottom line.
By entrusting your premises to known professionals, you will have access to expertise, specialised tools and quality materials (without the outlay), and you do not have to oversee the in-house crew or be required to deal with labour issues. These all translate to measurable time and expense savings. Talk to us today to find out more about our property management and maintenance services.