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Looking for a passive income?
Nowadays, owning a commercial building for other businesses to rent is one of the most popular ways of increasing cash flow, but before you start making plans in having one built, there are 3 things that you have to be aware of:
#1: You have to deal with people
Different types of businesses mean different types of people. Before you have your building up for rent, you have to be certain that you are prepared to face problems and challenges that can come from different personalities and characters.
#2: You have to take care of the building
Aside from having to deal with different types of tenants and businesses, having a commercial building in itself is definitely challenging to maintain. You have to make sure that the space that you are providing has to always be at its tip-top shape.
#3: You have to be prepared financially
This type of investment can be very beneficial in the long run, but getting started is one of the hardest parts. Having a building built is costly and as business owners, one of the worst things that could happen is shelling out a substantial amount of money on something that could have been avoided.
Although we definitely have no business in giving bits of advice for the first point, we do have substantial knowledge in how you can take care of your building and lessen expenses on major repairs and maintenances—specifically for your roof.
The roof of your commercial building plays an integral role in keeping your tenants and their belongings safe and dry. A poorly installed one can deteriorate the quality of the whole building faster than you’d expect it to.
So before you open the doors of your building to people or if your building is already operational, here are five easy steps that you can do every now and then that can help prolong the life of your roof, building, and your business.
Make it a habit to go around the building every now and then and inspect the ceilings and walls. Always be on a lookout for black molds or soft walls. Those two things are the most common tell-tale signs that there’s a problem with your roof.
By familiarizing yourself with how they look and feel, you’d be able to easily spot small changes or details right away. Doing this can also help you foresee possible damages that can arise before your tenants find out about it.
Have someone go up and clean the roof as often as they can.
Clearing the roof of debris and overhanging branches can help lessen the risk of your roofing material from deteriorating. Not only will this promote a clean environment, but it is also the perfect time for you to examine the surface of your commercial roof.
Found a growth of moss or algae? Noticing pooled water at the corner of the roof? These two seemingly minor but common problems can make bigger ones if left unattended to.
So before anything major happens, grab a phone and call up professionals who can efficiently and thoroughly take care of those matters.
Pro tip: don’t do things on your own.
That Youtube video on how to clean up that growth of moss can be very informational and trustworthy, but if you don’t get the job done properly, it can progress to something even worse.
There are a handful of trusted and qualified professionals for specific kinds of problems—shelling out cash to have a job done properly and thoroughly isn’t a loss, but it can benefit you in the long run.
Just like keeping track of your transactions, keeping a record of all the repairs and maintenances that you have done can help you have an overall insight on the condition of your roof. This can come in handy as well when you have someone over to work on your roof.
The best and qualified professionals to get the job done can be hard to find these days. Some charge too high but seem to always be unavailable, some charge temptingly low, but you’ve figured out that they don’t get the job done properly.
That’s the reason why Roofing Journey have put together a list of licensed and proven roofing experts we have personally vetted. This way, you get quality services when it comes to:
If your commercial building is in need of quality roof installation, maintenance or attention-to-detail repairs, click here or email us at hello@roofingjourney.com!
