Getting the most out of your investment property means being a thorough landlord. This means providing your tenants with a fair and lawful lease agreement, fixing things when they break, and a multitude of other responsibilities. While these are responsibilities that you are required to fulfill, there are other responsibilities you should be conscious of as well, such as environmental responsibilities. With a few simple steps, you can create a rental property that is environmentally friendly.
Here are some tips to get you started.
- Appliances – Install ENERGY STAR appliances in your home. It will help to keep energy costs low, and you can get rebates from Xcel Energy for installing energy efficient appliances. It benefits you, your tenants, and the environment.
- Install a Programmable Thermostat – Installing a thermostat that can be programmed is a great way to save money and energy.You have the freedom to schedule a desired temperature at a specific time. For example, your tenant comes home at 4:30 pm everyday; they can program it to turn on the A/C at 4 PM so that it’s cool enough when they get home. The A/C won’t run all day, and they’ll still be comfortable. There are also incentives for installing these thermostats.
- Recycle – Living in Loveland means that you are required to recycle. However, for rental properties in Fort Collins, it is not. Encourage your tenants to recycle and you can apply for rebates at the end of the year. Save money and energy with one simple task.
Consider talking to your tenants about recycling. You could even create a recycling area in the home or outside to help make it easy for them. Make your rental property efficient by following these tips. For more information, contact our property management company in Fort Collins, Mountain-N-Plains.