Many people desire to own an asset like a building one day. This is because a building forms part of the few assets that can appreciate. Regardless of what you do with the building, you always want it to remain useful as long as it is possible. Extending the life span of your building means that you adopt some good building management practices.
You need to maintain the regular maintenance activities in your building. Get someone to check whether your fire safety gadgets, security alarms and electricity meter are in proper conditions. This reduces your chances of losing your building to factors as fire while you could have avoided it.
Carry out any repairs on the building as soon as it is necessary. Many buildings have been brought down due to paying less attention to simple cracks on the wall that soon magnified into bigger ones. Do not overlook even a simple problem like your electrical meter heating up abnormally. It is potentially dangerous to you and the life of the building.
Be in charge of controlling the structure even when you have property managers managing your building. Employees need their boss to motivate them and provide them direction. Do not just assume that the managers will take appropriate care of your building.
Use the building only for purposes that it is meant for. If it is meant to be a residential house, do not use heavy machinery in that building. Heavy machinery can greatly shorten the life span of your building because of the vibration. It is advisable that you seek the advice of a building engineer anytime you wish to change the usage of that building.
If you decide to rent your property to third parties, ensure you agree with them on the kinds and limitations of activities that they are allowed to do under your roof. Tenants can use your buildings to for activities not favorable for your building. If such issues are not agreed upon, the tenant may not necessarily feel obliged to compensate you for any damage. For instance, a tenant running heavy machinery in the building can damage the building quite quickly.
Your state defines certain safety standards and environmental concerns that must be adhered to any time you are putting up or improving an already erected building. Ensure you adhere to these safety provisions and you will find it not only prolonging the life of your building but also good for your safety. your construction engineer can offer you the best advice.
Keep your building busy. If it a residential house and you are unable to live there because of circumstances rent it to someone. Abandoned buildings are known to age faster than their counter parts.
You need to maintain the regular maintenance activities in your building. Get someone to check whether your fire safety gadgets, security alarms and electricity meter are in proper conditions. This reduces your chances of losing your building to factors as fire while you could have avoided it.
Carry out any repairs on the building as soon as it is necessary. Many buildings have been brought down due to paying less attention to simple cracks on the wall that soon magnified into bigger ones. Do not overlook even a simple problem like your electrical meter heating up abnormally. It is potentially dangerous to you and the life of the building.
Be in charge of controlling the structure even when you have property managers managing your building. Employees need their boss to motivate them and provide them direction. Do not just assume that the managers will take appropriate care of your building.
Use the building only for purposes that it is meant for. If it is meant to be a residential house, do not use heavy machinery in that building. Heavy machinery can greatly shorten the life span of your building because of the vibration. It is advisable that you seek the advice of a building engineer anytime you wish to change the usage of that building.
If you decide to rent your property to third parties, ensure you agree with them on the kinds and limitations of activities that they are allowed to do under your roof. Tenants can use your buildings to for activities not favorable for your building. If such issues are not agreed upon, the tenant may not necessarily feel obliged to compensate you for any damage. For instance, a tenant running heavy machinery in the building can damage the building quite quickly.
Your state defines certain safety standards and environmental concerns that must be adhered to any time you are putting up or improving an already erected building. Ensure you adhere to these safety provisions and you will find it not only prolonging the life of your building but also good for your safety. your construction engineer can offer you the best advice.
Keep your building busy. If it a residential house and you are unable to live there because of circumstances rent it to someone. Abandoned buildings are known to age faster than their counter parts.
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