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Want to Make Your Rental Property Sustainable? Then Read this Article Now!
Posted: Dec 29, 2016
Hiring the best property management service in Kansas City is a proven way to introduce sustainability into your property operations. Making regular property upgrades and inspections helps property owners to ward off unexpected maintenance costs.
According to a recent study, new homebuyers are becoming more inclined to seek out or at least prefer environmentally friendly homes. It's also found that 60% of renters are willing to pay more for an environmentally friendly apartment. As a result of this, today, more property management services in Kansas City are moving towards green living options to improve the rental population of their clients.
Preventative Maintenance Program
Framing a preventative maintenance program is the best and quick way to fix major issues before it occurs. Monitoring your rental property regularly helps you to avoid expensive repairs down the line. This is one of the easiest ways to save money and double-checks the status of the building before a minor issue becomes a complex, expensive problem.
LED Lighting
Recent research reports say that using high-quality LED bulbs recoup their own costs in energy savings in as little as 3 years. Recent property management case studies have also revealed a cost savings of up to $25,000 a year, representing a 35% reduction in energy use. By replacing current lighting with LED lighting, you can reduce the energy consumption of your rental home to a larger extent.
Adjustable Thermostat
Adding a programmable thermostat in rental properties is the best way to help tenants stay comfortable in the home and save on utilities. This increases tenant retention and saves more energy even at extreme hot or cold weather conditions. The programmable feature in thermostat helps tenants to schedule their heating and air-conditioning needs and they can enjoy a perfect temperature when they get home. It is also estimated that turning the thermostat back 7 to 10 degrees from its typical setting for 8 hours every day can save as much as 10 percent a year on heating and cooling.
Set Up a Recycling Program
Landlords and their property management service providers are responsible for providing additional management and services to their tenants to maintain the property's performance. This includes effective waste management and recycling program to promote the safety, health and beauty of the community. Placing recycling bins throughout the property or having a common point where tenants can bring their recyclable items can positively impact the environment.
Installing solar panels, reducing carbon emissions, ‘save water' programs are the other goals that make your rental property more sustainable.
The author of this article has been serving proving property management services in Kansas City for over 7 years. He writes about the importance of property management services and provides useful tips to improve tenant retention. Visit propertymanagerskc.com for more.
Susan has been overseeing property management organizations for over 12 years. Her experience in full service property management for investment property, real estate sales with buyer and/or seller representation, brokerage and advisory services