Great commercial property maintenance can mean the difference between happy tenants and revenue loss. Putting together a property maintenance checklist is an excellent way to keep yourself from falling behind. At Applegate, we pride ourselves on providing quality property management services in Stillwater and hope this checklist proves useful. While this list doesn’t cover all the property maintenance to do items, it will put you on a path toward a well-maintained property.

Monthly exterminations

Exterminating monthly or every two months is critical to nipping a major infestation in the bud. It almost goes without saying: no one likes pests. With your reputation on the line, hiring a company that specializes in property management in Stillwater is a surefire way to keep your property pest-free.

Check Carbon Monoxide and Smoke Detectors

Carbon monoxide detectors have an average lifespan of five years, while smoke detectors have an average lifespan of ten years. The alarms on these detectors are annoying, but for good reason. You should keep these life-saving devices functioning by trying them out every month.

Inspect for Leaks

To avoid damaging property and belongings, you must find water leaks early on. Inspecting for leaks should ideally be done after snow and ice start to thaw or a solid rain. Search for evidence of water around toilets, windows, and showers, as well as below water heaters, sinks, and boilers. Feel for soft areas on the walls, roof, and ceilings.

Unclutter Your Gutters

Neglecting your gutters can spawn a leak, so it’s essential to check them consistently for debris. If you don’t have time for this job or the other work listed above, hiring professionals in rental property management in Stillwater may be your best option. At Applegate, we go above and beyond for our clients. Our team is well-versed in tenant property management in Stillwater and look forward to making your commercial property experience a great one. Contact us today to learn more.

Let us be the first to say: property management is rewarding, but it isn’t easy. At Applegate, our Minnesota & Wisconsin Property Managers handle problems so property owners like you don’t have to. Here are the top five obstacles in property management and how to overcome them.

Increasing Revenues

Like any other business, increasing revenues isn’t an effortless task. Growing revenue should be a key focus for any property manager. Hiring competent and trusted property management will help your commercial property reach financial success.

Time Management

With the ever-growing issues that property managers have to address throughout the day, it isn’t surprising that time management is a struggle. Brainstorming strategies to increase efficiency goes a long way in taking back your time.

Hiring and Keeping Top Talent

A quality property manager isn’t someone you want to slip through your fingers. Unfortunately, finding and retaining talent can be a difficult endeavor. With a proper property management team in place, owning commercial real estate doesn’t have to be a stumbling block.

Lowering Expenses

Lowering your expenses is an excellent goal, but unplanned and fixed costs tend to get in the way. We highly suggest working with property management professionals who know the ins and outs of turning a property into profit.

Property Damage and Last-minute Maintenance

If there is one thing any property manager worth their salt can predict, it’s that eventually, damage and maintenance issues will occur. Formulating a plan before the problem arises can mean the difference between content tenants and a pile of complaints.

Commercial Property Management at It’s Best

If you want to avoid difficult legal and maintenance issues and retain excellent renters, Applegate’s professional and dedicated staff is here to help. Our Minnesota Property Managers understand every aspect of successful property management, from accounting to inspections. Contact us today to start improving your commercial real estate experience tomorrow!

If you’re reading this, congratulations! It means you’ve gotten to the point where you’re seriously considering taking a crucial next step to growing your business: buying commercial property. When it comes to buying commercial property, you need to be sure you’re making the best and most informed decision possible. Before you take that next step, there are a number of factors you should consider. We know the process can be a little intimidating, so our team has put together five points to keep in mind when choosing the ideal space for your company.

Location, Location, Location

It may seem like an obvious element, but it’s an important one to reiterate. Where you position your company can mean the difference between a booming business and having to struggle to retain customers. Ask yourself: how near do you need to be to your customers? Will this location provide easy access to transportation for your employees? Take some time to dig deep and brainstorm your business’ location needs, now and in the future.

Get an Inspection

Similar to buying a house, It is imperative that you know the physical condition of your potential commercial property. Knowing if the commercial real estate you are about to buy has liability or environmental issues will make your buying decisions much more straightforward.

Parking Shouldn’t Be a Mystery

You don’t want your employees or customers complaining about never being able to find a parking spot. Or worse, that your commercial property’s disability access is lacking. Prioritizing the needs and desires of your visitors, clients, and team members not only helps with picking a location, but it also helps the growth of your business in the long run.

Check for Restrictions

Imagine this scenario: you’ve bought property from a commercial real estate company, and you’re ready to renovate. If you haven’t checked your building codes or zoning laws, you might be in for a rude awakening. Always check for conditions that could prevent you from making alterations and whether your business is even legally allowed to exist on the property.

Adaptability is Key

As a business owner, we’re sure growth is always at the forefront of your mind. If expansion is a possibility, choose commercial property that is capable of meeting those expectations. On the other hand, consider renting out space to other businesses if you don’t use all of it. Prepare for the unexpected.

Buy and Sell Commercial Property in Stillwater

At Applegate, we ensure that when you buy, you have access to top-quality commercial properties, in Stillwater MN and beyond. We’re a local commercial real estate company that meets and exceeds each of our clients’ unique business goals. Business owners who work with us always find their ideal property at a price that works for them. As a seller, you can expect quick assistance and fair pricing. If you’re ready to buy and sell commercial property in Stillwater, or in the other areas we serve, contact our team today.