A 2024 article by the IMF shows the prices of commercial properties in the US have reduced by 11%. If you own a commercial property in Coachella Valley, you must take the right measures to recover your investment.
For example, you need to invest in proper management and ensure all amenities are functional to compete against other businesses in California.
Commercial property maintenance can increase the value of your building and cut costs. Read on for four practical tips.
1. Set Preventative Upkeep Measures
Coachella Valley is quite hot, and the climate can take a toll on your building's systems. For example, your HVAC system may overwork, requiring frequent inspection and repairs. The roof may also wear quickly due to high wind and frequent heat exposure.
Scheduling property inspections and maintenance can ensure all the systems are working well. It allows you to catch minor repairs before they cause issues like leaks and mold.
Here are other facility management tips:
- Upgrade insulation to cut energy costs.
- Schedule regular pest control
- Conduct energy efficiency audits
2. Do Routine Maintenance Tasks
A building maintenance checklist will help you stay organized and manage upkeep costs. Your list should include the routine tasks you need to keep the space functional throughout the year. Such include:
- Cleaning gutters
- Maintaining the fire equipment
- Conducting regular plumbing checks
- Maintaining parking lots
The routine maintenance checklist you create must include timelines to help you stay on track. You should also liaise with professionals to ensure your schedule fits the recommended maintenance frequency.
3. Update Your Systems
Modern systems can boost efficiency, cut costs, and simplify maintenance. Use updated technology in your commercial property to improve tenant comfort and ease operations. Some options to consider include:
- Smart security and climate control systems
- Energy-efficient plumbing and electrical fixtures
- Maintenance management software
Investing in a property management tool will help you keep up with maintenance tasks. You can also use it to plan inspections since you may forget some tasks when busy.
4. Hire a Coachella Valley Property Manager
Following property upkeep strategies can still be tricky, even with the right tools. You may miss inspections and repairs because you were occupied and forgot to call a contractor. Likewise, you might spend a lot of time locating a technician and find it hard to keep tenants.
Hiring a Coachella Valley property manager is the best way to guarantee quality and safety. The professional will work with other experts to ensure your property is always in the best condition. They will communicate any needed repairs and help you address damages promptly.
By working with a property manager, you won't need to worry about upcoming maintenance tasks because they take them off your plate. You'll make the most of your commercial property investment with less effort.
Contact PMI Coachella Valley for Commercial Property Maintenance
Commercial property maintenance requires attention to detail and careful planning. A checklist with routine tasks will ensure you don't neglect any systems or space. It helps you keep the interior as functional and aesthetically pleasing as the exterior.
At PMI Coachella Valley, we have a team of experts to help you manage your commercial building. We'll maximize its earning potential and provide detailed reports to keep you in the loop. Contact us for immediate help.
