10 Property Maintenance Tips That Save Money

Introduction

Regular property maintenance isn't just about keeping things working - it's about protecting your investment and preventing costly emergency repairs.

10 Money-Saving Maintenance Tips

1. Regular Inspections

Schedule quarterly inspections to catch issues early. Look for:

2. Service AC Units Annually

Regular AC servicing:

3. Address Water Issues Immediately

Water damage compounds quickly. Fix leaks as soon as they're reported.

4. Maintain Drainage Systems

Clear gutters and drains before rainy season to prevent flooding.

5. Paint Strategically

Quality exterior paint protects against weather damage and extends building life.

6. Service Generators

Regular generator maintenance prevents costly breakdowns and extends lifespan.

7. Check Security Features

Ensure locks, gates, and security lights are functioning properly.

8. Maintain Common Areas

Well-kept common areas attract quality tenants and justify higher rents.

9. Build Relationships with Reliable Contractors

Having trusted contractors means faster, more reliable repairs.

10. Track All Maintenance

Keep records of all maintenance work for budgeting and tax purposes.

The ROI of Preventive Maintenance

For every ₦1 spent on preventive maintenance, you save ₦3-5 on emergency repairs.

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