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Kansas City Property Management Information

What Does Property Maintenance Involve? A Closer Look

Tom Sedlack - Thursday, March 17, 2022
Property Management Blog

Out of over 122 million households in the US, 36% were renters in 2019.

The rental market can be a lucrative one. But only if you're properly caring for the properties that you're responsible for. That includes your tenants.

A big part of that care has to do with property maintenance. If you're in the business of renting property, this is an essential aspect of your job. 

Read on to learn all about what's involved in property maintenance and how it benefits you.

What Is Property Maintenance?

Property management is the daily overseeing, inspection, and maintenance of a property's assets. Those assets include tenants, utilities, grounds, and more. 

But what is property maintenance? It's a significant part of how you properly manage the property.

Property maintenance involves three types of actions that keep a property operating well. These are preventative, corrective, and emergency actions.

Condominiums, hotels, apartment buildings, and residential properties nproperty maintenance. It ensures the safety and comfort of your tenants and the efficiency of your property.

What's Involved in Property Maintenance?

There are three types of property maintenance: planned, corrective, and emergency.

Planned maintenance is exactly that: planned. These are the regular tasks you perform to prevent minor issues from turning into major ones. Painting and cleaning are examples of planned maintenance.

Corrective maintenance, or reparative maintenance, are basic repairs on non-emergency items. These are lower-priority repairs that don't inconvenience or harm the tenants. For example, a burned-out light bulb.

Emergency maintenance involves tasks that need to be completed as soon as they arise. Not doing so may result in health and safety issues. Examples of emergency maintenance include pest control or repairing damage after a flood.

A property management company that provides property maintenance services will cover both the inside and outside of the building. They'll help with groundwork, renovation, repairs, as well as all of the paperwork that's involved. 

Why Is Property Maintenance Important?

A property management company that provides maintenance services benefits property owners like you in several ways.

First, having planned maintenance performed on a regular schedule ensures that your property is functioning efficiently. This is a preventative measure that stops small problems from becoming larger, more costly problems. It also reduces any inconveniences to your tenants.

Second, maintaining your property will also maintain your property value. If you let things get run down and neglected, your property value will reflect that. But a well-maintained property will increase in value.

Finally, property maintenance helps you avoid liability. Without maintenance, unsafe items can cause accidents that lead to lawsuits. With regular maintenance, the potential for incidents significantly decreases.

Are You Looking for Help to Manage Propeties?

Renting a property can be a great way to invest your money. But it also demands a lot of time. If you don't have that time, you're going to need help with property management and property maintenance.

These two aspects of renting out properties are essential to maintaining your property and the happiness of your tenants. We can help you with all your property management needs. Learn more here.


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