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.
It is critical to conduct regular maintenance examinations within the building. Such things as safety fire devices might have been interfered with and you may not be aware. Hire a specialist to check on your electricity meter, security sensors, and fire safety status of the building regularly. This reduces the risk of having your building damaged by fire.
Undertake any repairs in the building every time you spot a crack or anything worth repairing. Small cracks on the wall for example can develop into bigger ones that can bring down your building. Do not assume any small mishap on the building as minute and not worth your attention. If, for example, you see a small electrical wire hanging or your electrical meter heating up, deal with it there and then. Do not wait for disaster to strike.
Be in control of managing your building even if you have property managers managing the building. Employees need their boss to motivate them and give them direction. Do not leave it up to your employees to manage that building for you.
When the building is intended to be utilized as a residential building, please ensure that tenants adhere to this. Operating heavy machines in structures not intended for such activities expose these to high frequency vibration that cause their damage. If you need to change how what the building is used for, it is best to consult a structure and construction engineer to counsel you properly.
Where you are renting your building, discuss with your tenants in advance the type of activities they can engage in and those that they are prohibited to do within the building. If for example you are renting it out to a manufacturer, let him know the extent to which heavy machinery can be operated within the building. You will not be able to blame them or claim from them if they cause damage to your building if, compensation does not form part of the agreement.
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.
Do not leave the structure unoccupied for a very long time. This can lead to quick deterioration of the building. A building that is in use is likely to last long than one that is not in use.
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