October 2023

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Attention Management Companies

active maintenance planning, rou tine inspections, and building strong relationships with reliable contractors can significantly mitigate these scares. Moreover, emerging technologies like smart building management systems and predictive analytics are empow ering property managers to anticipate potential issues before they escalate, transforming these challenges into valuable insights that enhance overall property performance. By embracing these solutions, property managers can navigate the labyrinth of main tenance scares with confidence and precision, ultimately safeguarding both resident satisfaction and prop erty value. Engineering Here is a scary story! An engineer is asked to come to a property to check a complaint about a balcony. Sounds easy enough. So, the engi neer goes to the site and meets the homeowner, who points out a funny stain on the balcony. Well, the engi neer walks out onto the balcony to look at the stain and with the second step onto the balcony, his foot goes through the balcony floor. As he starts to fall, he grabs the balcony guardrail for support and the guardrail shakes and leans over the edge of the balco ny (this is a third-floor balcony). With his cat-like reflexes, the engineer man aged not to fall off the balcony. But that’s not the scary part of this story. A week later, the engineer has inspected all of the balconies on the property and found rotten decking and framing in all of them. By now all of the

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OCTOBER 2023