{"id":2912,"date":"2015-12-17T22:00:00","date_gmt":"2015-12-17T22:00:00","guid":{"rendered":"https:\/\/mpulse.cloud.fruitionqa.com\/top-three-ways-property-management-companies-can-keep-costs-down2\/"},"modified":"2025-07-30T06:29:55","modified_gmt":"2025-07-30T06:29:55","slug":"property-costs","status":"publish","type":"post","link":"https:\/\/mpulsesoftware.com\/blog\/maintenance-management\/property-costs\/","title":{"rendered":"Top Three Ways Property Management Companies Can Keep Costs Down"},"content":{"rendered":"<p><em>Guest blog from Premiere Works<\/em><\/p>\n<p>Property and facility managers know profit margins are tight. It\u2019s important to keep your fees competitive, however, you also need to keep your business financially viable. Controlling your costs helps strengthen your budget.<\/p>\n<p>Consider how these three areas could help you streamline your operations to make them more profitable and productive.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-flat ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/mpulsesoftware.com\/blog\/maintenance-management\/property-costs\/#Invest_in_Energy_Efficiency\" >Invest in Energy Efficiency<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/mpulsesoftware.com\/blog\/maintenance-management\/property-costs\/#Implement_CMMS_Software\" >Implement CMMS Software<\/a><\/li><li class='ez-toc-page-1'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/mpulsesoftware.com\/blog\/maintenance-management\/property-costs\/#Establish_a_Preventive_Maintenance_Program\" >Establish a Preventive Maintenance Program<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Invest_in_Energy_Efficiency\"><\/span>Invest in Energy Efficiency<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Energy efficiency can help your profitability, and it can also appeal to potential renters who appreciate your efforts to be \u201cgreen.\u201d<\/p>\n<p>The two main categories of energy efficiency are passive and active efficiency. You can improve passive efficiency by purchasing energy-efficient appliances and implementing low-flow toilets and showers. While these items may cost more upfront, the energy savings can be substantial over time.<\/p>\n<p>Active efficiency means using less water and power during maintenance procedures and choosing reusable products instead of disposable. These methods may include\u00a0changing HVAC filters, cleaning the condenser more frequently, and landscaping with plants that do not require frequent watering.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Implement_CMMS_Software\"><\/span>Implement CMMS Software<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Computerized maintenance management system (CMMS) software organizes all of your property or facility maintenance work orders and service requests. CMMS software provides scheduling, tracking, and reporting tools, so you can improve your organization\u2019s efficiency and productivity.<\/p>\n<p>For property or facility managers, CMMS software also enables tenants to request maintenance service electronically, and the system will automate communication between your maintenance team and your service requestors. Implementing CMMS software helps you stay on top of scheduled tasks, plus tenants will feel more confident in your ability to address issues.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Establish_a_Preventive_Maintenance_Program\"><\/span>Establish a Preventive Maintenance Program<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>While implementing a CMMS is the best way to organize maintenance needs, an even better way to save money is to take care of maintenance tasks before they become a problem.<\/p>\n<p>CMMS software helps managers establish a preventive maintenance (PM) program, so you can schedule of maintenance tasks and prepare your managed properties for the months ahead. These tasks might include maintaining HVAC systems, scheduling vendor visits, cleaning the gutters in autumn, installing storm windows before the rainy season, and cleaning the roof.<\/p>\n<p>By controlling your costs, it\u2019s easier to keep your fees competitive and provide the management services that your customers want and need. Take the time now to plan ahead. You can make your job easier\u2014and more profitable.<\/p>\n<p><em>Steve Fountaine is the Owner of Premiere Works, general contractors providing <a href=\"http:\/\/www.premiereworks.com\/services\/buildingmaintenance\/\" target=\"_blank\" rel=\"noopener noreferrer\">commercial property management<\/a> in Maryland, Northern Virginia, and Washington D.C. Premiere Works\u2019 other services include commercial painting, construction, contracting, build outs, office renovations, and more.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guest blog from Premiere Works Property and facility managers know profit margins are tight. It\u2019s important to keep your fees competitive, however, you also need to keep your business financially viable. Controlling your costs helps strengthen your budget. Consider how these three areas could help you streamline your operations to make them more profitable and productive. Invest in Energy Efficiency Energy efficiency can help your profitability, and it can also appeal to potential renters who appreciate your efforts to be \u201cgreen.\u201d The two main categories of energy efficiency are passive and active efficiency. You can improve passive efficiency by purchasing energy-efficient appliances and implementing low-flow toilets and showers. While these items may cost more upfront, the energy savings can be substantial over time. Active efficiency means using less water and power during maintenance procedures and choosing reusable products instead of disposable. These methods may include\u00a0changing HVAC filters, cleaning the condenser more frequently, and landscaping with plants that do not require frequent watering. Implement CMMS Software Computerized maintenance management system (CMMS) software organizes all of your property or facility maintenance work orders and service requests. CMMS software provides scheduling, tracking, and reporting tools, so you can improve your organization\u2019s efficiency and productivity. For property or facility managers, CMMS software also enables tenants to request maintenance service electronically, and the system will automate communication between your maintenance team and your service requestors. Implementing CMMS software helps you stay on top of scheduled tasks, plus tenants will feel more confident in your ability to address issues. Establish a Preventive Maintenance Program While implementing a CMMS is the best way to organize maintenance needs, an even better way to save money is to take care of maintenance tasks before they become a problem. CMMS software helps managers establish a preventive maintenance (PM) program, so you can schedule of maintenance tasks and prepare your managed properties for the months ahead. These tasks might include maintaining HVAC systems, scheduling vendor visits, cleaning the gutters in autumn, installing storm windows before the rainy season, and cleaning the roof. By controlling your costs, it\u2019s easier to keep your fees competitive and provide the management services that your customers want and need. Take the time now to plan ahead. You can make your job easier\u2014and more profitable. Steve Fountaine is the Owner of Premiere Works, general contractors providing commercial property management in Maryland, Northern Virginia, and Washington D.C. Premiere Works\u2019 other services include commercial painting, construction, contracting, build outs, office renovations, and more.<\/p>\n","protected":false},"author":6,"featured_media":2913,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[13],"tags":[],"class_list":["post-2912","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maintenance-management"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.0 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How Property Management Companies Can Keep Costs Down<\/title>\n<meta name=\"description\" content=\"Want to lower property management costs? 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