Exterior and interior maintenance for any multi-family property is imperative. Coming up with a scheduled plan to carry it out is even more important. It’s well known that regular maintenance is the key to preserving your property, saving you money in the long run because you won’t be spending money on unnecessary repairs or premature replacement. But many landlords and property managers still neglect to put an annual maintenance program in place by partnering with a contractor that specializes in HOA and apartment complex maintenance and construction.
Routine maintenance and repairs of common areas can prevent serious issues from arising and can save your association money over the long-haul. Here’s how.
An annual maintenance program can:
Save Money on Repairs
By nipping small issues in the bud before they become full-blown problems, you are saving a lot of money that you would otherwise have to shell out on expensive breakdowns and repairs. By budgeting out the maintenance throughout the year, you can anticipate the costs associated with possible repairs and not become blindsided by costly bills due to issues that went undetected for months.
Preserve Your Exteriors
Regular maintenance of your siding, roofing, parking lots and common areas helps to preserve those exteriors and protect them from the elements. Neglect of these exteriors can lead to premature degradation and the need for costly replacement well before you should have to do that. Failing to maintain these areas throughout the year can shave valuable years off their expected lifespan. Facing a roof replacement, for example, five years before you were planning to is never a fun proposition for a property manager.
Save Money on Tenant Turnover
By signing up for annual and seasonal maintenance plans in advance, you can ensure your property’s appearance and safety to attract and retain quality tenants and residents. If your property is in disarray or poor condition throughout the year because you can’t keep up with the repairs and maintenance on your own, your tenants won’t be happy and you will see larger rates of turnover. When you can ensure a predictable, safe, functional and aesthetically pleasing property, your tenants will be happy and will be more likely to stay for the long haul.
As you can see, there are many benefits to putting an annual maintenance program in place for your HOA or multi-family property.
Contact Allstar Construction and Maintenance
Allstar Construction and Maintenance can address any homeowner maintenance or repair request, managing the process in a proper and timely manner. We offer many maintenance plans, including:
- Seasonal Maintenance Plans
- Predictive Maintenance Plans
- Deferred Maintenance Plans
- Emergency Maintenance Plans
To set up your annual maintenance program, contact us at 952-942-7454.