When property becomes a business there is the temptation to cut corners to save on costs, according to Abigail Koch, of comparethemarket.com.au. “Property is unlike other business models, because what is regarded as a business by the investor is also a home for the tenant,’’ she said. These are the 7 big cost cutting
Ensure your purpose is clear Before diving into any decisions, first ask yourself what type of investment you’re looking for and clearly establish your motivations. Are you looking for a residential or a commercial property? Are you going to live in the property and resell at a later date? Do you plan on living
Illegal estate wall collapses onto neighbouring property After his neighbour's wall collapsed onto his home a week ago, Ravindra Bikramchund said Kindlewood Estate management in Mount Edgecombe had ignored his complaints about the wall going up more than six months ago. Ravindra Bikramchund of Kindlewood Estate, Mount Edgecombe, in his yard where a neighbour's wall
Facility Manager Cost Saving/Best Practice Quick Reads RSS Feed Greg Zimmerman December 4, 2017 - Maintenance & Operations It’s almost always better to prevent, than to react – whether we’re talking about playing defense in basketball or maintenance in buildings.But when comes to maintenance, how many FMs truly know the what it takes to perform
Facility Manager Cost Saving/Best Practice Quick Reads RSS Feed Naomi Millán November 30, 2017 - HVAC A single retailer spends nearly $20 million annually on energy expenses, making the decision to repair or replace an HVAC system critical to an organization’s bottom line. HVAC systems are one of the largest sources of energy consumption for
Facility Manager Cost Saving/Best Practice Quick Reads RSS Feed Dan Hounsell November 21, 2017 - Maintenance & Operations Preventive maintenance is the centerpiece of maintenance and engineering departments in institutional and commercial facilities. The process seeks to ensure that front-line technicians can take steps to prevent problems in key facility systems.On the other hand, few
Facility Manager Cost Saving/Best Practice Quick Reads RSS Feed October 25, 2017 - Power & Communication Consistent, quality power is necessary for nearly everything we do — at home, at play and at work — and maintaining the equipment that powers our lives is critical. When it comes to personal devices, understanding power and maintenance
Facility Manager Cost Saving/Best Practice Quick Reads RSS Feed Naomi Millán August 4, 2017 - Elevators Pre-Season Maintenance Steps Step 1 — Have a diagram showing the location of your elevators, car numbers and the elevator car phone number in your designated security area. In addition, have your elevator company’s emergency phone number available along with
Facility Manager Cost Saving/Best Practice Quick Reads RSS Feed Dan Hounsell July 21, 2017 - Maintenance & Operations Maintenance and engineering managers know all too well that deferred maintenance of institutional and commercial facilities is a silent threat. A component or system can operate for years with few or no obvious problems — until it
26 May What is Best: Angled or Straight Parking Spaces? Posted at 08:39h in Parking Lot Sweeping by Chris Dickie Maybe you haven’t given much thought to the way you lay out your parking lot before. But, if you’ve landed on this page, then the chances are pretty high that you are thinking about it
