A while back I wrote about buying lots during this time of economic turmoil…lands, after all is a secure investment. Aside from acquiring real estate, there are ways to preserving your properties in case you decide on using it later on, whether as your own, to sell, or even short letting.
Property preservation and real estate/accommodation management are two services that you have to avail when planning on bettering your house, lot, or both. Property preservation is a unique sort of package offered to house owners and to mortgage companies. It is a task which is assigned to certain contractors to keep properties in the top of conditions. This also determines the value of one’s property. For example, as you browse through St Albert real estate‘s website, you can see that the properties have been beautifully preserved and maintained, all prim and proper, it’s a bit hard to choose which house to buy!
Accommodation management on the other hand provides day-to-day management of establishments or properties that are used as accommodation for all kinds of people – from tourists, to students, or short-term workers. Such services like GuestReady, an Airbnb management company, makes overseeing properties for rent easier for landlords. Services may include, but is not limited to meet and greet or key turnover, cleaning and restocking, check-out, marketing strategies, and also communication with guests.
First, in preserving your properties, these are some services offered by Property Management services. We will delve on managing in a different post but let’s also touch that topic a little.
Table of Contents
Inspections
Inspections on a property are held before: to check on the overall status of a property. During: to oversee the repairs and check the progress of work being done. After: to assess the overall result of the maintenance done.
Lawn maintenance
Removing weeds (dandelions, klamath, poison ivy, burdock) unknown plants, and moss will help prevent air and nutrients being blocked from getting to the roots of your beloved plants. These unwanted growth can be detrimental to their health. Aside from mowing, plucking any grass that seem odd from the usual fully until the roots is a good way to go.
Moss grow from moisture in the soil. Make sure there is a good drainage method in your garden, property management services can treat them off by scarifying.
Roof repair
No one will be happy living under leaking roofs. That’s why it’s best to get roofs repaired as soon as you see a problem. Property managers can come by to your house for an assessment and would let you know if a repair will be effective or a total roof replacement would be better in the long run. You can also contact professionals or search for roofing companies. For example, Roofing association, a network of professional roofing companies can point you to the best service provider near your area.
Evictions
Probably the least liked part of property preservation is eviction. Aside from having property residents vacate (if there are), personal belongings should be removed and moved – you would need a transport and perhaps a storage facility for these items. Once cleared, you would be able to see and assess the property properly.
Damage Estimates
Following assessment, an inspector will take photos, write down the major areas need to be repaired, draft a plan for repairs, and provide estimates for all the damages.
Lock Changes
In cases where eviction happens, changing locks is the first thing property managers are asked to do. This would give them easy access for when they need to enter the property.
Window Boarding
Boarding up windows can prevent debris of a storm from smashing your home, to protect unused, vacant property. Since repairs can’t be done immediately after inspection, this is to temporarily prevent unauthorized access by squatters or looters into the property.
Debris/Hazard Material Removal
If the property is an abandoned one, removal of hazardous items both inside and outside the property is a top priority. Doing so will prevent any untoward incident to anyone getting into the property.
General Contracting
General contracting is the term commonly used for the supervisory work performed by a general contractor (GC). A GC is responsible for managing and building a project designed by someone else. GCs oversees renovation and building projects, GCs are also responsible in managing and hiring subcontractors and other labor in construction projects. The general contractor, simply put, is the first person clients talk to. You can trust a GC to do everything for the betterment of and for preserving your property.
Management
Property management include overseeing everything related to a property, making sure the accommodation is managed effectively and efficiently should an owner opt to get the property rented. They make sure of cleanliness and hygiene, and that the place is at par with health regulations. Accommodation managers, as the job title suggests, also play a role in ensuring the financial success of the establishment. Such responsibilities include budgeting, accounting and financial reporting to name a few.
Preserving Your Properties Takeaways
When preserving your properties, it is important that you build a trusting relationship with contractors, laborers, and property managers. There are steps to undergo to preserve your property whether for own use, selling, or renting. And even if you only plan to live on your home longer, taking cautionary steps will be profitable in the long run.
We’ve recently worked with one of the best in the industry of property preservation. They practice technologies that develop a business model that helps boost up client’s confidence by properly utilizing human resources and other tools. They have quite a number of experiences and continues to gain knowledge in their field, which is a plus when looking for property preservation management services.
If you don’t have the capacity to DIY and better your property yourself, there are such companies that will help you.
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I didn’t know much about property preservation, but it seems a must-service for people who have several properties and can’t keep up with all of them. Having this service will help a lot of property owners.