According to PWC.com, over four-fifths of consumers are willing to pay more for sustainability despite increasing living costs.
So, if you have yet to implement sustainable property management practices in your rental operations, there is no better time to do so than now. Aside from being ethical and eco-conscious, they can help cut operating costs and boost the value of your property in Suwanee, GA.
Our property management experts at PMI Atlanta City have compiled this guide to help you get started. Read on for sustainable real estate practices and green building management tips to set your property apart.
Switch to LED Lights
As the U.S. Department of Energy explains, LED lighting technology consumes at least 75% less energy than incandescent lighting. It even outlasts its incandescent counterparts by up to 25 times longer!
So, with LED lights, you can reduce your property's energy consumption. You can also minimize overall maintenance costs, as you'll spend less on maintaining and replacing lighting systems.
Upgrade to More Energy-Efficient HVAC Technology
According to EnergyStar.gov, properly installed modern heat pumps and air conditioners with the ENERGY STAR label can save property owners up to 20% on heating and cooling bills. ENERGY Star-qualified furnaces can also be up to 15% more efficient than traditional furnaces.
In addition to being eco-friendly property solutions, modern HVAC systems operate more quietly. So, they can heat and cool spaces efficiently and in a less intrusive, distractive way.
Choose Environmentally Friendly Property Care
Eco-friendly property management incorporates sustainable cleaning practices, such as:
- Using non-toxic, biodegradable products made from renewable resources
- Avoiding single-use items with microplastics
- Using natural cleaners like vinegar, lemon, or baking soda
- Repurposing materials like old towels and clothes for cleaning
If you're considering partnering with professionals, opt for a full-service property manager who works with green cleaning services. The latter must use eco-friendly products and practices or have green cleaning certifications.
Leverage Digital Technology
Go digital by investing in a landlord-tenant portal. It's an online platform that lets you cut the need for printed paperwork, which means:
- Reduced demand for paper production
- Less tree cutting
- Lowered energy consumption
- Less print-related material waste goes to landfills
With an online landlord-tenant portal, you and your tenants can store crucial lease documents on the cloud for easy digital access. Renters can also use it to file property maintenance requests and make rent payments online.
You, the landlord, can track payments on the go. It minimizes stress and the need to travel (and use fuel!) to the bank just to confirm payments.
Embrace Sustainable Property Management
Transitioning to sustainable property management benefits the environment and offers significant economic advantages to landlords in Suwanee, GA. So, why not follow our eco-friendly tips as early as today?
Our full-service property management firm, PMI Atlanta City, can help your rental business become more sustainable. We have state-of-the-art technology that lets you go paperless. We also work with highly experienced contractors and vendors who use green building practices.
Plus, when you team up with us, you'll gain access to the expertise and 6+ years of property management experience of our owner, Sukhpreet Kaur Mann. We also have the backing of PMI, a national property management firm that has served the industry for over two decades.
Reach out today for your free consultation!
