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It is well-known that one of the best ways to protect and increase the value of real estate assets is to properly maintain your buildings. This typically includes maintenance contracts for mechanical and electrical systems, periodic reviews of roofs and exterior walls, etc. But how do building owners know when it is time to stop repairing and start replacing systems? Nobody wants to spend good money repairing a system when it is at or beyond its life expectancy and the warning signs of impending failure are detectable.
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