Is Your Property Green?

·   Provide adequate insulation throughout the property.

 

·   Provide attic ventilation and plug drafty areas.

 

·   Replace old water heaters with the new energy efficient models

 

·   Replace old appliances, if applicable, such as washers, dryers, and refrigerators with new emergency efficient ones.

 

·   Add low-flow showerheads and faucets

 

·   Install low maintenance landscape and timed irrigation systems

 

Not only will these reduce utilities, they are also tax deductible. You want good tenants and good tenants look for the best properties. If a property shows care, it will help attract the quality of tenants that you want. Many of these items will also help to reduce costs when the property is vacant and it is the property owner’s turn to pay the bill until rented.

 

 

Avoid areas of risk

Many of the items above may already reduce some risk. However, there are certain high areas of risk in property management to avoid for obvious reasons and at the same time, reduce a lot of unnecessary waste.

 

·   Running water: avoiding water waste both inside and outside a property is a key

“Going Green” is now the popular thing to do to help save the planet and a productive thing for everyone to do. It might surprise you that it could also help improve the bottom line of your investment property as well. By improving or adding a variety of maintenance items, you can: 1) save dollars during vacancies 2) use some as marketing incentives 3) attract better tenancy 4) promote tenant retention 5) avoid serious risks.

 

Take the time to review your investment property and see if any of the following items would be beneficial to both helping the planet and increasing your return on investment (ROI).

 

 

Add energy-saving incentives and savings

With the increase in gasoline, food, and utilities, millions of Americans are looking for ways to save. There are incentives that may attract tenants if they feel it may help them with their utility bills.

 

·   Install ceiling fans with a switch that changes the airflow direction.

 

·   Change light bulbs, such as porch lights, vanity lights, and fluorescent bulbs in kitchens, with new energy saving replacements.

 

·   Weatherize doors and windows with weather stripping. Ensure that they adequately close to avoid loss of heating and air-conditioning.

 

Select 1 Realty

 

1500 A Street

Antioch, CA 94509

 

3823 Railroad Ave

Pittsburg, CA 94565

 

Bus: ( 925 ) 706 - 9000

Fax: ( 925 ) 706 - 7735

 

Select1Realty.com

1958 Nash Metropolitan

·   area to reduce waste of a necessary resource and to avoid serious risks. No tenant is happy with a running toilet or leaking faucets. If maintenance deteriorates and their water bill increases, it could inspire them to move. In addition, standing water can lead to mold, one of the highest risk factors today in owning and renting property. Settlements of lawsuits are often in the millions when awarded for negligence regarding mold.

 

·   Heating and air-conditioning: have yearly inspections on heating and air-conditioning units to promote preventative maintenance and avoid costly bills. If necessary, replace

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