When purchasing a condo, it is crucial to also take into account its maintenance and management. Such properties usually entail maintenance fees to cover the upkeep of shared spaces and amenities. While these fees may increase the overall ownership expenses, they play a vital role in maintaining the property’s condition and preserving its value. For investors seeking a more hands-off approach, hiring a property management company can assist with the daily management of their condos, resulting in a more passive investment with the potential for a higher rental yield.
Firstly, let’s start by understanding why regular cleaning and maintenance of solar panels is crucial for rental yield. Solar panels are exposed to various elements such as dust, dirt, leaves, and bird droppings, which can all accumulate on the surface of the panels. This build-up can significantly reduce the efficiency of the panels and therefore decrease the amount of energy …