Property Maintenance Efficiency: A Critical Ability in this Economy
Property maintenance efficiency is the act of ensuring that a building is in optimal working condition. This might involve property inspections, preventive maintenance, and overall data tracking. As a property manager, you’re probably thinking, “How can I provide my clients with all these services without eating into my profit margins?” If this is you, don’t worry; we’ve got you covered. Read on to find out how you can boost tenant and owner satisfaction through efficient property maintenance and make a profit.
3 Key elements of property maintenance efficiency
Thinking about improving the efficiency of your property management work processes? Great! Here are a few elements to keep an eye out for:
- Inspections
- Preventive maintenance
- Record keeping
1. Inspections
Inspections are an essential phase in property management. During this early phase, you should have a list of criteria that a property must meet. This could look something like:
- Electrical box, light switches, power outlets
- Plumbing fixtures, water heating
- Floors, walls, ceilings
- Railings, steps, stairs
Checking that all these areas are in proper working condition sets the foundation for your property maintenance. When you’re working with new tenants or owners and need to complete property inspections, utilizing SiteCapture’s customizable templates can save hours of precious time and eliminate the need to create new inspection reports from scratch.
2. Preventive maintenance
For every new property your client acquires, you’ll have to conduct preventive maintenance so that small problems don’t turn into big ones.
An effective way to track when a property needs a checkup is to use property management software. Good software should update you when it’s time to do preventive maintenance.
You also want to create a checklist of items to look out for. This checklist could include:
- Roof maintenance
- HVAC maintenance
- Plumbing maintenance
- Electrical maintenance
- Flooring maintenance
- Wall maintenance
3. Record keeping
There’s a good chance property owners won’t be doing much record-keeping, especially if they own a large portfolio of rental spaces.
So as a property manager, you want to keep a record of everything related to the properties you manage. This includes:
- Invoices
- Receipts for any maintenance work
- Work orders
- Reports
- Move-in and move-out inspections
With these records, you can prove the purchase of equipment and materials while avoiding legal issues with tenants and owners.
Common property management challenges
However, not everything will be smooth sailing. You’re likely to run into several problems on your property management journey. Here are a few issues we see most businesses face:
- Limited budget
- Time constraints
- Staffing issues
- Communication
Limited budget
How can you employ the best professionals and provide top service while maintaining healthy profit margins?
An excellent way to do this is to build relationships with contractors and offer them consistent work in return for a reduction in rates.
Everyone walks away happy because your contractors receive more work and you won’t have to sacrifice profit margins or service quality.
Time constraints
With all the admin work and maintenance requests, it can be difficult to keep up and make time for your personal life.
Fortunately, you can save hours per day when you utilize a field operations software like SiteCapture. It manages everything under one digital roof, giving you complete control over your business.
Staffing issues
Finding quality staff you can rely on may seem impossible in the early hiring stages. You’ll have to sift through hundreds of applications, but with patience and some recruitment best practices, you should be able to find reliable employees.
Communication
We noticed that communication isn’t the top priority of most property managers. However, proper communication is key to a healthy and long-lasting tenant-manager relationship.
If you find that you don’t have the time, consider property management software, as it allows you to automate and personalize communication at the same time.
SiteCapture – the solution to all your challenges
With SiteCapture, you can manage all your properties within one application. This gives you a bird’s eye view of your entire business. If there are issues, you can identify them quickly and monitor them until they are solved.
If you want to share photos with contractors and other team members, simply head over to the SiteCapture mobile app, snap a few pictures, and you’re good to go. Your entire team will be able to access it, allowing you to solve maintenance problems as soon as possible.
In addition, SiteCapture provides custom templates that ultimately streamline the entire property maintenance process, saving valuable time in the end.
Improve property maintenance efficiency with SiteCapture
As a property manager, emphasizing property maintenance efficiency is a must because it keeps tenants and owners happy while establishing your name as an industry leader.
So if you’re thinking about improving property maintenance efficiency, try SiteCapture.
SiteCapture is tailored around the needs of property managers, streamlining everything from initial inspections to customized maintenance requests.
This allows you to provide the best possible service to your tenants and owners while maintaining profit margins. Sign up for a free SiteCapture trial today!
