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Why You Should Start a Recycling Program for Your Multifamily Rentals

Recycling Bins at a Cinco Ranch Multifamily BuildingThe truth is, recycling is a wonderful 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, putting up a recycling program for your multifamily units can significantly benefit Cinco Ranch property managers, property owners, and tenants. Not only could you save money, but you could even attract tenants more easily – simply by offering 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 discuss money. Or, more specifically, let’s talk about 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 beginning to raise prices, too. Setting up 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 decrease the amount of waste going to landfills and, in turn, decrease your general waste disposal costs.

Recycling is good for the environment

Recycling helps conserve natural resources by turning used materials into new products instead of using virgin materials for production. It also lowers the amount of waste going to landfills and the emissions released during incineration. And by using recycled materials, we can decrease the need for new resource extraction, such as the deforestation that comes with producing paper products.

Recycling attracts new tenants and keeps old ones

As was stated earlier, today’s renters are more environmentally conscious than ever before. In fact, a survey of over 1,200 renters found that almost 70% considered recycling an important factor in choosing where to live. 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 enticing renters to your apartments, maybe you should consider what these millions of renters are looking for. Offering recycling for your multifamily units may not only attract new tenants, but it can also help retain existing ones. Tenants appreciate when their landlords make an effort 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?

Starting a recycling program for your multi-family rentals can save money, support a healthier environment, and make your tenants happy. It’s a win-win situation for everyone that is affected.

 

Of course, starting any new program takes time out of your busy day. If you’re looking to optimize your rental properties and more easily attract quality tenants, it may be time to call in the experts at Real Property Management Sugarland! We’re equipped and eager to assist with any property management topic, from maintenance to tenant relations. Contact us online to learn more.

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