Skip to Content

Why You Should Start a Recycling Program for Your Multifamily Rentals

Recycling Bins at a Exton Multifamily BuildingRecycling can be an appropriate way to 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, initiating a recycling program for your multifamily units can significantly benefit Exton property managers, property owners, and tenants. Not only could you save money, but besides that, you could additionally pull in tenants effortlessly – just by endowing a recycling program! Not convinced yet? Hereupon, read on to learn more about the value of actually starting a recycling program for your multifamily properties.

Recycling can save you money

First, let’s touch on 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 commencing to raise prices, moreover. Having a recycling program can save you money on both fees. By diverting some of your waste to be recycled instead of being thrown away, you can extremely reduce the amount of waste going to landfills and, in turn, lower your full waste disposal costs.

Recycling is good for the environment

Recycling helps conserve natural resources by effectively turning used materials into new products instead of applying virgin materials for production. It further decreases the amount of waste going to landfills and the emissions released during incineration. And by making use of recycled materials, we can cut down the need for new resource extraction, for instance, the deforestation that comes with bringing about paper products.

Recycling attracts new tenants and keeps old ones

As previously discussed, today’s renters are more environmentally conscious than ever before. In truth, a survey of over 1,200 renters determined that nearly 70% considered recycling important in opting for where to dwell. According to Pew Research Center, about 36% of the nation’s 122.8 million households are renters. Hence, if you’re having a hard time inviting renters to your apartments, maybe you should check into what these millions of renters are going in search of. Imparting recycling for your multifamily units may not only bring in new tenants but can, in like manner, help retain existing ones. Tenants love when their landlords aim to be environmentally responsible, and they are seemingly likely to renew their lease if they perceive recycling is available on-site.

Recycling is the right thing to do

We all must take care of our planet; recycling is one way we can do that. So, why not take the initiative and arrange a recycling program for your apartment building? It may resemble 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?

Commencing a recycling program for your multi-family rentals can save money, support a healthier environment, and make your tenants happy and enthusiastic. It’s a win-win situation for everyone involved.

 

Naturally, initiating any new program takes time out of your busy day. If you’re looking to optimize your rental properties and more easily captivate quality tenants, it may be time to call in the experts at Real Property Management Varanasi! We’re all set and willing to assist with any property management topic, from maintenance to tenant relations. Contact us online to learn more.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. See Equal Housing Opportunity Statement for more information.

The Neighborly Done Right Promise

The Neighborly Done Right Promise ® delivered by Real Property Management, a proud Neighborly company

When it comes to finding the right property manager for your investment property, you want to know that they stand behind their work and get the job done right – the first time. At Real Property Management we have the expertise, technology, and systems to manage your property the right way. We work hard to optimize your return on investment while preserving your asset and giving you peace of mind. Our highly trained and skilled team works hard so you can be sure your property's management will be Done Right.

Canada excluded. Services performed by independently owned and operated franchises.

See Full Details