7 Tips to ‘Green’ Your Rental

Eco-FriendlyDid you know that, in addition to protecting the environment, implementing eco-friendly practices at the properties you manage can benefit your bottom line?

Greener units are a great selling point and can help you to attract a more conscious resident.  Implementing these practices can help residents cut down on water and energy expenses, making your property more attractive.  Also, residents who are more eco-conscious are more likely to respect both their interior and exterior environment, inflicting less wear and tear on their living spaces.

Here are seven easy ways to get started on greening your properties before the New Year:

  1. Replace incandescent light bulbs with compact fluorescent light bulbs (CFLs).  ENERGY STAR-qualified CFLs produce the same amount of light as traditional bulbs with only about ¼ of the energy.  Lower power bills are more attractive to future tenants.
  2. Repaint your units with low- or no-VOC paints.  The EPA has found that levels of organic pollutants are two to five times higher within homes than without. These compounds can have serious health and environmental consequences. Using paints low in these compounds will improve the quality of life for your tenants.
  3. Install low-flow water fixtures and toilets.  These fixtures produce a water flow that feels the same while using less water, saving both a natural resource and money. Many utilities and city governments offer incentives for installing low-flow fixtures, so the added savings add up quickly.
  4. Install programmable thermostats.  The automatic settings help your tenants to more accurately regulate temperatures and save money and energy at the same time. Make sure to educate your tenants on their use.
  5. Insulate your water heaters.   A $20-$30 investment in an insulation blanket can translate into 9% savings on water heating. Older water heaters in particular need this attention.
  6. Check furnace ducts for leaks.  Sealing these leaks can account for as much as a 20% energy savings, plus will improve the air quality in your properties.
  7. Use ENERGY STAR appliances.  We encourage owners to use ENERGY STAR appliances. ENERGY STAR-rated refrigerators, dishwashers, washing machines and dryers use significantly less water and energy, are better for the environment, and are often very comparable in price to non-certified appliances.  Tenants appreciate the cost savings!

This is just the tip of the iceberg; we have tons of other recommendations on ways for Owners to make their properties more attractive, improve the life of their investment, ways to engage tenants to be proactive towards the care of your home, etc.  All this and more is included with our Management Services.  Call (828) 712-9856 or email info@ironcreek.org to get in touch with a Property Manager and learn more!

Search Blog Archive