Recycling can be one of the best approaches to bringing down the nation’s waste and supporting a healthier environment. The fact is that today’s renters are more environmentally conscious than any group ever before them. For this and other reasons, making ready to set up a recycling program for your multifamily units can significantly benefit Key West property managers, property owners, and tenants. Not only could you save money, but in fact, you could moreover captivate tenants quickly – just by granting a recycling program! Not convinced yet? If that is so, read on to learn more about the returns and benefits you get out of initiating a recycling program for your multifamily properties.
Recycling can save you money
First, let’s discuss money. Or, more specifically, let’s delve into 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 certainly starting to raise prices, as well. Creating 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 considerably bring down the amount of waste going to landfills and, in turn, lower your integral waste disposal costs.
Recycling is good for the environment
Recycling helps conserve natural resources by turning out used materials into new products instead of only using virgin materials for production. It, in like manner, lowers the amount of waste going to landfills and the emissions released during incineration. And by making most of the recycled materials, we can mitigate the need for new resource extraction, such as the deforestation that comes with producing paper products.
Recycling attracts new tenants and keeps old ones
As previously stated, today’s renters are more environmentally conscious than ever before. Basically, a survey of over 1,200 renters found that roughly 70% considered recycling an important factor in determining where they want to live. According to Pew Research Center, about 36% of the nation’s 122.8 million households are renters. Then, if you’re having a hard time alluring renters to your apartments, maybe you should assess what these millions of renters are going after. Allowing recycling for your multifamily units may not only captivate new tenants, but as a matter of fact, it can further help retain existing ones. Tenants delight when their landlords try hard to be environmentally responsible, and they are, in all likelihood, to renew their lease if they see recycling is available on-site.
Recycling is the right thing to do
We all have the responsibility to take care of our planet; recycling is one way we can do that. So, why not take the initiative and gear up on starting a recycling program for your apartment building? It may strike you as extra work at the beginning, but once it’s established and running smoothly, it can significantly benefit you, your tenants, and the environment. And isn’t that worth it?
Initializing a recycling program for your multi-family rentals can save money, support a healthier environment, and make your tenants elated. It’s a win-win situation for everyone involved.
Without a doubt, getting started with any new program takes time out of your busy day. If you’re looking to optimize your rental properties and more easily draw in quality tenants, it may be time to call in the experts at Real Property Management Allegiance! We’re ready and fervently looking forward to assisting you with any property management topic, from maintenance to tenant relations. Contact us online to learn more.
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