As the renter demographic in the U.S. starts to turn younger, the demand for eco-friendly living continues to arise. This trend bestows rental property owners and property managers a rare opportunity to embrace sustainable practices that can benefit the environment – and your bottom line. Minimizing the environmental impact of your rental property invites more than just conscientious renters. It can furthermore reduce operating costs, build up property values, and improve sustainability. Let’s take a closer look at the key sustainable practices every property manager and owner should know to correctly establish greener, more affordably efficient properties that residents will delight in.
Energy Efficiency Upgrades
One of the most uncomplicated and simplest ways to incorporate green living into your rental property is to correct your energy efficiency. A more efficient property commonly results in lower utility bills and a smaller carbon footprint. Particular examples of simple energy-efficient upgrades you should take into account include LED lighting, smart thermostats, and energy-efficient appliances. If you still want to go even bigger, examine about complying with a home energy assessment that commonly pinpoints other areas for further improvement, in particular leaky windows and doors or inadequate insulation in walls and ceilings. Disregarding which upgrades you take, you can use these to compellingly invite your next environmentally friendly resident.
Realistic Water Conservation Techniques
A number of people hear “water conservation” and hastily tune out. That being said, for rental property managers and owners, conserving water is a primal part of going green. For illustration, choose installing low-flow fixtures, replacing old or leaking ones, using water-efficient irrigation in the yard, and investing in drought-resistant landscaping. Landscaping, mainly, is an area where most rental houses can make many critical conservation upgrades. Simply selecting native plants well adapted to your area, for illustration, can help reduce your water needs, minimize maintenance, and create a sustainable, eco-conscious property your tenants will fancy.
Waste Reduction and Recycling Programs
Another fantastic option to attract environmentally friendly renters is to stimulate and undertake recycling and other waste management programs. Like for instance, check out recycling programs in your area and then provide bins and information to your residents. By making recycling and waste reduction uncomplicated for them, you can help reduce your disposal costs while appealing to renters very interested in reducing their carbon footprint.
Green Building Materials and Practices
In winding up, property managers and owners can begin engaging in sustainable practices by bringing about more deliberate and environmentally friendly choices whenever repairing or updating their rental property. For example, choose sustainable building and finishing materials, such as bamboo, recycled wood or steel, and low-VOC (volatile organic compound) paints if you can. Aside from that, you can easily highlight these practices in your marketing materials and tell how they improve indoor air quality and promote a healthy living environment. A great deal of renters will definitely appreciate your evident concern for their health and your eco-friendly practices.
The Benefits and Challenges of Sustainability
Seriously incorporating sustainable practices into your property management operation can bring in tangible benefits for the environment and a healthier cash flow. From energy-efficient upgrades and water conservation styles to eagerly promoting recycling and using eco-friendly materials, green living strategies can improve your property’s value and appeal greatly to current and future residents while reducing long-term costs.
But, of course, bringing about these and other sustainable practices takes time, and understanding where to start can be a tough challenge. Considering this, at Real Property Management Tulsa, we’re here to help you execute these proven strategies and create greener, more efficient properties in Tulsa and nearby. Contact us today or call 918-532-7020 to understand how we can competently help you adopt sustainable practices that will benefit your properties, residents, and the planet in a huge way.
We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.
