Recycling can be an effective way to lessen 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, developing a recycling program for your multifamily units can significantly benefit Clinton Township property managers, property owners, and tenants. Not only could you save money, but more than that, you could also draw in tenants more simply – just by providing a recycling program! Not convinced yet? Here, read on to learn more about the advantages of beginning a recycling program for your multifamily properties.
Recycling can save you money
First, let’s tackle money. Or, more specifically, let’s go 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 raising prices. Making 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 substantially lessen the amount of waste going to landfills and, in turn, bring down your whole waste disposal costs.
Recycling is good for the environment
Recycling helps conserve natural resources by getting used materials into new products instead of utilizing virgin materials for production. It, moreover, lessens the amount of waste going to landfills and the emissions released during incineration. And by making the best use of recycled materials, we can minimize the need for new resource extraction, namely, the deforestation that comes with developing paper products.
Recycling attracts new tenants and keeps old ones
As previously pointed out, today’s renters are more environmentally conscious than ever before. In reality, a survey of over 1,200 renters detected that approximately 70% considered recycling important in selecting where to reside. According to Pew Research Center, about 36% of the nation’s 122.8 million households are renters. Therefore, if you’re having a hard time drawing in renters to your apartments, maybe you should look into what these millions of renters are searching for. Granting recycling for your multifamily units may not only entice new tenants, but on top of that, it can also additionally help retain existing ones. Tenants like it when their landlords attempt to be environmentally responsible, and they are, in all likelihood, to renew their lease if they ascertain recycling is available on-site.
Recycling is the right thing to do
We all have to take care of our planet; recycling is one way we can do that. So, why not take the initiative and get ready to set up a recycling program for your apartment building? It may look 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 thrilled. It’s a win-win situation for everyone involved.
Certainly, starting any new program takes time out of your busy day. If you’re looking to optimize your rental properties and more easily allure and attract quality tenants, it may be time to call in the experts at Real Property Management Main! We’re geared up and keen 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.