“Go green!” is more than an ecologist’s battle cry today; for more and more people, it’s a way of life and an important consideration when choosing their living space. And for good reason: a greener community benefits both the environment and your wallet. Some improvements are expensive investments, but there are some things you can do now that will appeal to earth-friendly tenants as well as actually helping the earth. In the long run, you’ll find that any investment you make to create a more eco-friendly rental property is well worth it. Plus, these types of improvements will likely pay for themselves over time. Here are three places to start.
Set up an On-Site Rental Community Recycling Program
Make it easy for both tenants and managers to recycle. There are several ways to accomplish this, including:
Host a community recycling education event, perhaps to coordinate with America Recycles Day, which is scheduled for November 15, 2017.
Clearly mark all bins and carts, and place them in easy to access areas around your property.
Publish helpful recycling tips and suggestions on your company website, in digital newsletters and via email campaigns or text messages.
Install Fixtures and Appliances to Reduce Water Consumption
High-efficiency faucets and shower heads can save up to 60 percent, without sacrificing performance. Many high-efficiency washing machines and dishwashers use only half as much water as older models, too. Toilets are the main source of water consumption in most homes, including rental properties. If all older toilets manufactured before 1992 were replaced with high-efficiency toilets, nearly two billion gallons of water per day could be saved across the United States. Besides being greener, you will also save money on water and sewer bills.
Make Energy-Efficient Upgrades to Your Rental Community
Install programmable thermostats in rental units.
Caulk or seal up window cracks and air leaks in units.
Insulate outlets and switches.
Install energy-saving light fixtures that utilize LED technology.
Install motion-sensor lights in outdoor common areas of your rental community.
Regularly clean or replace HVAC air filters.
Replace old doors and windows with energy-efficient models.
Use Energy Star washers and dryers in your community’s laundry room.
Some landlords never take the first steps to create a greener rental community because they fear they must shoulder the expense of replacing everything at once. Going green doesn’t require you to take an “all-or-nothing” approach. Slowly replacing just a few older toilets or light fixtures at a time does save money on utility costs, as well as help protect the planet.
Martin Presence cares about the earth, too. As your property manager, we will help you be as green as you want to be.