Benefits of Preventive Maintenance
1 minute read
There are two types of maintenance strategies used by companies that rely on equipment: Reactive Maintenance & Preventive Maintenance. Reactive Maintenance goes by the “if it isn’t broke, don’t fix it” motto. This strategy may potentially save money short term but often ends up costing more in the long run. Preventive Maintenance, on the other hand, is a carefully designed maintenance program where maintenance tasks are performed routinely in order to avoid larger, costly fixes down the line.
Many property managers and hosts have recognized the benefits of Preventive Maintenance and are now turning to a Preventive Maintenance program for ongoing property upkeep.
Here are 6 reasons why Preventive Maintenance is the better alternative to Reactive Maintenance.
Hosts that solely rely on Reactive Maintenance are essentially waiting for a problem to happen. This can often be a very costly move. Unplanned downtime can result in idle properties, halting the rentals, missed revenue, and long-term damage to their brand for property managers or owners of Airbnbs. An unexpected failure can also mean having to pay technicians overtime and having to pay extra money for overnight emergency repairs. A Preventive Maintenance program is meant to avoid these problems through long-term maintenance tasks that are planned in advance and routinely executed.
A Preventive Maintenance plan can save a host money because efforts will be focused on preventing equipment failure rather than responding to emergencies. Preventive Maintenance is usually much cheaper and faster than big fixes. Mendbnb uses this strategy to set up a Preventive Maintenance program, which simplifies the transition from reactive to preventive maintenance and is also very cost effective.
When a property isn’t in optimal condition, it creates many hazards, unsafe living conditions, and even emergency situations where tenants are injured. Preventive Maintenance improves the safety of property and therefore the safety of occupants resulting in fewer accidents.
Increased Property Efficiency
Mendbnb can help plan routine maintenance such as inspections, assessments, part replacements, and more. These little fixes can help equipment to run much more efficiently. In turn, a host will benefit from energy savings because equipment will be running at peak performance.
Decreased Property Downtime
While nearly all maintenance tasks require some property downtime, a Preventive Maintenance program can decrease and optimize that downtime. A property using Preventive Maintenance doesn’t experience as much downtime as a property that is relying solely on Reactive Maintenance. Hosts can also use Mendbnb’s owner portal to pre-plan maintenance tasks at optimal times so the downtime experienced is less troublesome. Decreasing property downtime is a benefit that saves time in maintenance and day-to-day operations.
Preventive Maintenance can also help a property manager to be a more reliable business partner. Customers can count on a property manager to deliver a property in tip top condition without unnecessary delays. By always offering a reliable product or service, a company can enhance its customer service and improve its reputation.
Conservation of Assets
Most equipment is not cheap, and the better a host cares for its equipment, the longer it will last. Preventive Maintenance will prolong the life of equipment so a property can get more time out the equipment, resulting in reduced costs and increased profit.
The numerous benefits of Preventive Maintenance have caused many property managers and hosts to shift from Reactive Maintenance to a routine Preventive Maintenance plan meant to prevent problems and optimize properties. Mendbnb helps facilitate Preventive Maintenance by helping schedule maintenance tasks and keep organized records of all inspections and repairs. Preventive Maintenance is the best option for Airbnbs that want to succeed long term and understand that they need a long-term plan for proper equipment upkeep.
At Mendbnb our skilled multi-skilled technicians can help resolve all of your corrective and preventive maintenance short-term rental property needs. For a Free short-term rental property assement contact us today.