Recycling can be one of the best means to 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. For this and other reasons, preparing and offering a recycling program for your multifamily units can significantly benefit Bayville property managers, property owners, and tenants. Not only could you save money, but moreover, you could easily invite tenants right away – just by providing a recycling program! Not convinced yet? Below you can read how to learn more about the payoffs of initializing a recycling program for your multifamily properties.
Recycling can save you money
First, let’s briefly discuss money. Or, more specifically, let’s talk through 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 raise prices, also. Forming 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 lower the amount of waste going to landfills and, in turn, minimize your total waste disposal costs.
Recycling is good for the environment
Recycling effectively helps conserve natural resources by making used materials into new products instead of utilizing virgin materials for production. It likewise lowers the amount of waste going to landfills and the emissions released during incineration. And by utilizing recycled materials, we can lessen the need for new resource extraction, like the deforestation that comes with creating paper products.
Recycling attracts new tenants and keeps old ones
As previously touched on, today’s renters are more environmentally conscious than ever before. As a matter of fact, a survey of over 1,200 renters determined that about 70% considered recycling an important factor in picking where to live. According to Pew Research Center, about 36% of the nation’s 122.8 million households are renters. Consequently, if you’re having a hard time drawing renters to your apartments, maybe you should take into account what these millions of renters are seeking. Providing recycling for your multifamily units may not only invite new tenants, but certainly, it can also similarly help retain existing ones. Tenants want and like it when their landlords seek to be environmentally responsible, and they are presumably more likely to renew their lease if they figure out recycling is available on-site.
Recycling is the right thing to do
We all have a task to take care of our planet; recycling is one way we can do that. So, why not take the initiative and organize a recycling program for your apartment building? It may appear 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?
Moving to start a recycling program for your multi-family rentals can save money, support a healthier environment, and make your tenants ecstatic. It’s a win-win situation for everyone involved.
Certainly, commencing any new program takes time out of your busy day. If you’re looking to optimize your rental properties and more easily interest quality tenants, it may be time to call in the experts at Real Property Management Unlimited! We’re prepared and dedicated to assisting you 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.
