Recycling can be an efficient way to effectively lower the nation’s waste and support a healthier environment. The fact is that today’s renters are more environmentally conscious than any group before them ever. For this and other reasons, simply offering a recycling program for your multifamily units can significantly benefit Anaheim property managers, property owners, and tenants. Not only could you save money, but aside from that, you could further interest tenants swiftly – just by imparting a recycling program! Not convinced yet? If that is true, read on to learn more about the gains and advantages of beginning a recycling program for your multifamily properties.
Recycling can save you money
First, let’s talk about money. Or, more specifically, let’s see how much you spend on waste disposal every month. The cost of landfill disposal continues to rise year after year, and waste disposal services are also beginning to raise prices, similarly. Introducing a recycling program can save you money on both fees. By diverting some of your waste to be recycled instead of thrown away, you can greatly lessen the amount of waste going to landfills and, in turn, cut down your total waste disposal costs.
Recycling is good for the environment
Recycling helps conserve natural resources by turning used materials into new products instead of making the best use of virgin materials for production. It similarly minimizes the amount of waste going to landfills and the emissions released during incineration. And by maximizing recycled materials, we can taper down the need for new resource extraction, such as the deforestation that comes with generating paper products.
Recycling attracts new tenants and keeps old ones
As previously indicated, today’s renters are more environmentally conscious than ever before. As a matter of fact, a survey of over 1,200 renters reports that practically 70% considered recycling an important factor in deciding where to take up residence. According to Pew Research Center, about 36% of the nation’s 122.8 million households are renters. As a result, if you’re having a hard time pulling in renters to your apartments, maybe you should think of what these millions of renters are on the lookout for. Bestowing recycling for your multifamily units may not only interest new tenants, but really, it can likewise help retain existing ones. Tenants are really happy when their landlords put effort into being environmentally responsible, and they are, in all probability, more apt to renew their lease if they see recycling is available on-site.
Recycling is the right thing to do
We all are given the task to take care of our planet; recycling is one way we can do that. So, why not take the initiative and set up a recycling program for your apartment building? It may appear to be extra work initially, but once it’s established and running smoothly, it can significantly benefit you, your tenants, and the environment. And isn’t that worth it?
Kicking off a recycling program for your multi-family rentals can save money, support a healthier environment, and make your tenants delighted. It’s a win-win situation for everyone concerned.
Initializing any new program takes time out of your busy day. If you’re looking to optimize your rental properties and more easily invite quality tenants, it may be time to call in the experts at Real Property Management Caliber! We’re prepped, equipped, and zealous to assist with any property management topic, from maintenance to tenant relations. Contact us online to learn more.
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