According to a report by Outsource2India, which was posted by CultureMap Austin, at least 16.7% of commercial properties, like offices in Austin, TX, are vacant. A lack of effective maintenance practices by owners is among the factors increasing the vacancy rates.
Inadequate commercial property maintenance contributes to safety hazards like slip and fall accidents. Your property may also develop structural problems and subject you to unplanned repair expenses. Proper commercial building care enhances tenants' comfort and satisfaction.
Want to know about various commercial building upkeep strategies in Austin, TX? Follow our top facility maintenance guide to learn more.
1. Inspecting the Property Regularly
Regular inspections allow you to spot minor issues like cracks and roof leaks before they escalate. By doing this, you can have them quickly fixed, saving time and money. Through regular inspections, you can prevent problems such as:
- Electrical hazards
- Potential liability claims
- Outbreak of health issues due to mold and mildew exposure
- Carbon monoxide leakage due to HVAC breakdown
- Pest infestation
During a commercial property inspection, check the roofing for leaks and signs of wear. Also, check the plumbing system for cracks and drain blockages. Other things to inspect are the HVAC system, structural integrity, and electrical system.
2. Creating a Maintenance Budget
A maintenance budget ensures you keep your commercial property in good condition without running out of money. With the right budget, you can plan for unexpected maintenance costs. You also manage your rental income better and avoid potential financial constraints.
The amount of rent you collect can determine your commercial property's maintenance budget. Properties in areas with harsh climates require larger maintenance budgets to cater to frequent wear.
3. Increasing Energy Efficiency
This is among the maintenance best practices that can extend your property's HVAC longevity. Air conditioners and heating systems in energy-efficient properties don't overwork. This makes them less prone to wear and malfunctions.
An energy-efficient commercial property is also more comfortable for tenants. This can help boost the tenants' performance and productivity. Because of this, tenants may give positive reviews about your property, making it more competitive.
4. Hiring a Professional
A professional property management company conducts maintenance on your behalf, allowing you to focus on other things. This saves you time and the stress associated with keeping commercial properties in good condition.
A professional ensures your property doesn't violate the set health and safety regulations. They also maintain the property by coordinating maintenance service providers like contractors. Work with a professional property management company to keep your investment attractive and valuable.
5. Adopting Proper Communication Methods
Proper communication channels allow tenants and employees to immediately report any issues with your property. This allows for timely resolution and better tenant-landlord relationships.
With proper communication channels, you can't overlook any issues with your property. Miscommunication also reduces, boosting transparency among tenants. Encourage the use of email, mobile apps, or centralized portals to enhance communication.
Adopt Commercial Property Maintenance Practices Today
Commercial property maintenance keeps you compliant with relevant regulations. Professionals know the best property management tips to maintain the demand for your rental investment.
Looking for a property management company to maintain your Austin commercial property? PMI Austin Experts guarantees professional maintenance to keep tenants, workers, and customers safe.
Contact us today to learn how we can help you.
