You could say every new year starts with resolutions. But do they always work? Most of the time they don’t.
I have been around real estate, my family had been moving around a lot from one condo or house to another, and I’ve been in the trade of maintaining them professionally for over a decade, and during this period I have learnt that a real estate is so much more than a piece of property, or lot. It is an investment.
You have invested in your home, townhouse, apartment, etc. What it is you really invested: energy, time, money and much more. Your children are growing up in it (or already have). Your family gathers there regularly. Maybe it is a source of income for you. You can list them probably with little effort.
Whatever it is, in reality, you have invested part of your life into it. All that effort, head ache, red tape, etc. that you had to go through. And it does not stop there. If you have been around real estate you know it keeps demanding more of your attention.
I have also realized that greater quantities of maintenance are necessary than most people calculate.
Your investment either increases (appreciates) or decreases (depreciates), there is no status quo in real life, and the only viable path is to increase that investment (if it were to stay the same nominal value then by mere inflation its actual value would decrease). For the continued increase of your investment maintenance is inevitable therefore it should be approached not as a choice but as an absolute must.
Is it worth letting any of that investment to go to waste? You have put so much into it – or if you’re new to it, you are about to start – so why not commit all the way?
Many a people approach maintenance in the same way that I did when I hadn’t my lesson and realization. They look at it as though it doesn’t matter – like it’s an option or perhaps something to do only if an emergency arises. Others settle for just the bare minimal maintenance, believing if they have a “little”, everything will be all right.
But I tell you, if you have waited for an emergency to wake you up to the need of maintenance then you have waited too long. There will likely be collateral damages and handlings needed because the emergency is just the symptom not the cause, the symptom of lack of commitment to maintenance, to your investment.
There are those who are doing it regularly, getting those gutters cleaned (so they don’t get weighted down by debris and detach, etc.), windows washed (so no mineral deposits can build up on them ruining the glass surface, etc.), roof moss treated from time to time (to lengthen your roof’s lifespan), fixing that leak for good (not just paint over the discolored spot), etc., etc. In other words they are fully committed to their investment.
Yes, it does need some foresight, education and regular set aside for a building maintenance fund of yours. But it also makes it easier on you because let that be plumbing, painting, electrical, roofing, gutter cleaning or pressure washing you can’t do it all by yourself. Since it is your real estate its maintenance is not an option. You owe it to yourself and to your family to make the most out of your investment. Hence maintenance is no less than your duty, obligation and responsibility so you and your progeny can reap the greatest benefit possible from it.
We are here to help with that. Send us an email, or give us a call now!