There are many challenges to property management, and few people know that better than the folks behind monster multifamily communities. The properties are often home to hundreds of families, each with their own trials, tribulations and concerns about the place in which they live. Keeping these folks happy is a lesson in patience, to say the least. Scott Safadi of Cal Bay Property Management understands just how trying it can be to manage so many moving parts. He recommends streamlining your work day using the following tips:
Map Out Maintenance
When you've got dozens of apartments to maintain, maintenance work can feel relentless. By the time you get around to crossing one chore off the list for each unit, it's often time to start back at the beginning again. By creating a maintenance schedule for your year, it'll be easy to ensure all your chores are completed on time. Perform regular checkups of your heating, air, landscaping plumbing and electricity. By staying proactive, you'll not only keep tenants happy, but you'll ensure the health and safety of your property. That will pay dividends in the long run!
Invest in Security
Your property is your passion - and your moneymaker. Protect your investment by installing a state-of-the-art security system. It can be a real challenge keeping a large community safe, but with a relatively low-cost camera system, you can stay vigilant. Think such systems have to be pricey? Think again. Wireless options don't even require professional installation! Even simple door alarms can be installed and help to protect your property and your tenants by alerting them to possible intruders.
Make a Master Plan for Landscaping
For some, gardening and mapping out landscaping options is a hobby and a fun way to get outdoors and surround yourself with natural beauty. For most people, though, landscaping is yet another chore on a long list of things to do. If you weren't born with a green thumb, the easiest way to handle landscaping is to simply hire someone else to manage it. Still, even property managers who pride themselves on their delegation skills will have to decide exactly what they'd like their landscaper to do with their space. By creating a master plan for the months ahead, you'll get a jump start on landscaping so that the rest of the year is a no brainer.
- Scott Safadi, Cal Bay Property Management
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