There is no denying that multifamily is and has been the hottest ticket in the commercial real estate industry in recent months. With that in mind, both new and experienced owners alike are seeking the most efficient ways to maintain and increase the value of their properties.
As a leader in the field, and a manager of multifamily properties for over 40 years, Western National Property Management is actively assisting owners in increasing property values. One specific way to do this is to focus on preventative maintenance programs on an ongoing basis.
The foundation is simple: Notice small problems and fix them before major ones develop. It may sound like a common practice, but the truth is that many private owners do not have a current effective system in place. Without one the owner can experience high levels of unanticipated or projected maintenance costs.
Read more...Preventive Maintenance: An Ounce of Prevention Means a Better Bottom Line for Owners | Multi-Housing News Online
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