Recycling is one method to help decrease 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. For this and other reasons, introducing a recycling program for your multifamily units can significantly benefit Narcoossee property managers, property owners, and tenants. Not only could you save money, but you could also get the attention of tenants more easily – just by launching a recycling program! Not convinced yet? Then read on to learn more about the perks of starting a recycling program for your multifamily properties.
Recycling can save you money
First, let’s get into the money. Or, more specifically, let’s discuss 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 starting to inflate prices, too. Initiating 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 significantly reduce the amount of waste going to landfills and, in turn, decrease your overall waste disposal costs.
Recycling is good for the environment
Recycling helps conserve natural resources by repurposing used materials into new products rather than using virgin materials for production. It also diminishes the amount of waste going to landfills and the emissions released during incineration. And by using recycled materials, we may lessen the demand for new resource extraction, such as the deforestation that comes with producing paper products.
Recycling attracts new tenants and keeps old ones
As mentioned earlier, today’s renters are more environmentally conscious than ever before. Actually, according to a survey of more than 1,200 renters, nearly 70% considered recycling an important factor in deciding where to dwell. According to Pew Research Center, about 36% of the nation’s 122.8 million households are renters. So, if you’re having a hard time looking for renters for your apartments, maybe you should consider what these millions of renters are asking for. Presenting recycling for your multifamily units may not only encourage new tenants, but it can also help retain existing ones. Tenants love it when their landlords go out of their way to be environmentally responsible, and they are more likely to renew their lease if they know recycling is available on-site.
Recycling is the right thing to do
We all have a responsibility 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 seem like extra work at first, but once it’s established and running smoothly, it can significantly benefit you, your tenants, and the environment. And isn’t that worth it?
Initiating 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 involved.
Certainly, opening any new program takes time out of your busy day. If your goal is to optimize your rental properties and more easily get excellent tenants, it may be time to call in the experts at Real Property Management Trusted Hands! We’re equipped and willing to assist with any property management topic, from maintenance to tenant relations. Contact us online to learn more.
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