You are in the business of commercial property investment to make money so you want to make sure your investment is generating the best possible returns. However, charging too much in rent can be counterproductive as it may cause your tenants to go elsewhere, leading to vacancies and loss of income.
With a new year upon us, it’s time to start planning and thinking about the next 12 months. Many of us use this time of year to think about goals and what we want to improve on from last year. As a property manager there are three new years resolutions you may want to consider implementing as we go
As a property manager or landlord, one of your main jobs is to keep your tenants happy, but this can be harder than it might sound. An unhappy tenant is more likely to leave and this means you’ll have to spend time and money looking for a new tenant.
Your commercial property is a huge investment so it’s important that you maintain it adequately and reduce the risk of damage caused by too much moisture. Unfortunately mould and moisture damage can be one of the most devastating threats to your commercial property, but it can be prevented.