When you purchased a commercial property in Las Vegas, you thought property ownership out here would be smooth sailing. After all, rain is infrequent at best; we are not plagued by earthquakes, tornadoes, severe hail storms, or tsunamis; and the winters don't get cold enough that you need to worry about the weight of the snow collecting on your roof. There's just one thing... that big fiery ball up in the sky. The sun is not a building's friend.
Roof repairs are expensive, so it’s understandable that building owners are hesitant to even get their roof inspected. This might manifest from fear of an inspector uncovering hazards requiring pricey work (or mistrust of the inspectors themselves) but also of adding the cost of the inspection to the already daunting price tag of potential repairs. However, a commercial roof inspection should be the least of any owner’s concern as sticking to a regular inspection schedule can lead to future savings that your wallet will thank you for.
If you own a commercial building in the Las Vegas valley, the odds are that it has a flat roof. While these are popular among builders and business owners due to their low cost and ease of maintenance, if you fall behind in keeping up with repairs, your roof could quickly deteriorate in the event of a major storm. Sometimes you may not know you have an issue until it’s too late and your leaky flat roof turned the inside of your building into a swimming pool.
Real estate can be a fantastic way to build wealth, and purchasing commercial properties is a great way to get in the game. However, whether you are the owner of the property, or responsible for reporting to the owner, you are beginning to realize, commercial property maintenance can be expensive. Between mortgage payments, insurance, maintenance and repairs, and utility bills, the cost of owning a property can be staggering. It seems like every other week, something needs to be repaired, replaced, or paid for. Thankfully, there are some things you can do to save money (and help out the environment) such as repairing or maintaining your commercial roof.
Are you sure your insurance will cover wind damage to your commercial roof? Last year’s hurricane season was the most expensive in US history, and there were thousands of reports of tornado damage as well. Increasing incidents of extreme weather have led to billions of dollars in commercial roof repairs caused by everything from wind and hail to flooding and fires.
As the owner of a commercial building, you want to keep your investment in good shape. Not only that, but maybe you have experienced firsthand how costly a commercial roofing replacement can be. It is never a good day when you find out you have a leak in your building, but thankfully, there are proactive ways to extend the life of your commercial roof.
As a commercial building owner, you have plenty of expenses when managing your property and keeping tenants happy. While not all bills are within our control, utilities, especially those pertaining to energy usage, can generally be reduced to a point. The trick is largely in knowing what improvements will lead to the greatest reduction in bills, but there might also be some ideas that are less obvious yet still effective. Here, we’ll cover a few of them so that you can stop spending so much on energy consumption and funnel that money elsewhere.
Commercial property owners and building managers face many challenges in protecting a real estate investment. When the building has a flat roof, there are additional problems such as ponding water. This is usually due to poor drainage systems which can cause long-term roof damage. However, with proper roof maintenance, you can keep the building in good working condition, prevent costly repairs, and protect your investment.
Your building is likely the largest investment that you’ve ever made. Keep that investment protected by making sure that its roof is in good condition. A well-kept building is one way to catch the eye of potential customers or tenants, and that means the roof must be free of damage or leaks.
In light of the California wildfires, many people are turning to more fire-resistant roofing materials. Nevada in particular has a really dry climate, which is one of the main risk factors for fire disasters. Most people that own residential property are in areas that experience natural fires are recommended to install Class A roofing materials because of its strength in the ability to survive in a fire.