A lot of people like rented apartments as the capital for buying a house are not required. Also maintenance costs for an apartment are less as most repair work is done by the landlord. Also shop spaces are in great demand as there are many businessmen who do not have adequate spaces to store their items. Instead they opt for self storage in which a place is hired on rent for storing their extra items.
If you want to earn better money from your rented property, then you should go for regular property maintenance work. The tenant will always look forward to stay in a safe, secured, clean and decent looking building. Depending on these factors, your renting rate will be calculated. So, you must maintain a regular inspection schedule for your property. You can prepare your own tool box for fixing up minor emergency problems. To start with you can have some basic tools like a range of screwdrivers, spanners, pliers and a hammer. You can even keep some basic tools for electrical work, a wrench for plumbing purpose and insulation tapes. It is advisable, that you maintain a stock of fuses and light bulbs, so that in case of an emergency property maintenance situation, you can fix the problem. You should keep a pack of drain cleaner for clogged sink or wash basin pipes, grout filler for leaks, and a variety of screws in your tool box. Finally, you will need a decent ladder, so that you can reach the ceilin
Any property needs to be managed and a part of management is maintenance. Maintenance of a single home is relatively an easy job when compared to maintenance of a building with a number of dwelling units. It is quite difficult for the manager alone to take care of every aspect of the management procedure. It is best to have the manager supervise and a have a set of employees or contractors ready to do the actual job. The nature of duties of the persons involved in apartment maintenance also depends on the size of the building and all the facilities that they provide. The condition of the premises and the terms of agreement with the tenants also determine the extent of maintenance that is required. the larger premises have a full team in place to look after the various matters while in the smaller units, the manager needs to arrange for the services as maintain