Whether you rent or own rental properties, energy efficiency is an important consideration. If you pay for any aspect of the utilities, then inefficiency can reduce your profits or lead to a higher cost of living. One of the advantages that a property management company like Keyrenter Tooele can provide you is helping you optimize efficiency in a structured manner rather than all at once or falling behind.

1. Achieve Big Improvements through Small Changes

Keep in mind that you don’t have to spend a lot or make big changes in order to have a dramatic effect in overall efficiency. For instance, outlets and switches are a common source of drafts, and you can install insulating gaskets for pennies per unit. Another good idea is to install a programmable thermostat so that you can avoid overheating or overcooling when you or the renter aren’t home.

2. Caulk Windows and Doors Seasonally as Needed 

Another area where you tend to lose heat and cooled air is in the seals around windows and doors. Check these seals on a seasonal basis and replace any that need it. Caulk is inexpensive and can be applied quickly. Even if you need a contractor, it shouldn’t cost much or take long.

3. Check the Water Heater

If you’re a renter, then set the water to the lowest setting that’s comfortable. Anything higher is wasting money. As a rental owner, it might be a good idea to reset the water heater with each new tenant. Let the tenant choose to set it higher, which is particularly important if you pay for the heat.

4. Inspect Insulation and Replace as Necessary

Insulation doesn’t last forever, but it does last for a long time. Nevertheless, it’s a good to have a professional inspect insulation every ten years or so. Certain scenarios can cause insulation to degrade, and heating and cooling costs can rise dramatically if that occurs. In fact, if you do have an insulation problem, new insulation is probably the biggest and most cost-effective upgrade you can make.

5. Make Big Upgrades Only When It’s Sensible Long-Term 

As a renter, don’t replace a water heater or similar appliance just to install a more efficient option. Sure, it can make a big difference for you or the renter over the short-term, but those kind of decisions aren’t sound over the long-term. No home will ever have ideal efficiency. Strike a balance instead.

If you want to rent out your property to good renters, it is important to make it as renter-friendly as possible. You can start by having a property management company like Keyrenter Tooele handle the needs of your tenants so that they are completely satisfied. You can also fix up your home or apartment so that it has a lot to offer new tenants. If you want to attract long-term renters, it is important to offer some appealing features.

Storage is important for everyone whether you have a small house you want to rent or a large one. You want to be able to offer as many storage options as possible for your tenants, and this can be done by using all of the space you have available. If you have a small kitchen or bathroom area, be sure to use wall space for storage. You can have a few shelves or cabinets installed to help your tenants to have room to store items with ease.

Lighting can play a big role in how your property looks. You should be sure that your property is well-lit on the outside for security purposes as well as on the inside. Make sure that all of the lights in your property have bulbs in them before you let a renter in so that your interior looks bright and welcoming instead of dark and dingy.

Cleanliness is going to be very important. Your new renters will want to come into a clean property that is free of dirt and debris. Make sure that the property you have is cleaned well before potential renters step inside.

The outside of your property is going to be important too. You want to make sure that the exterior looks inviting. Curb appeal can raise the value of your property and make it extremely renter-friendly. Add some flowers outside and make sure that the grass is cut. If you have a porch, it should be swept well. The outside of the property is going to be the first thing that renters see, so it should always look good.

You can hire a property management company like Keyrenter Tooele to help carry out all of your wishes. You want your property to stand out to renters, and you also want to know that they will be taken care of by professionals who know how to keep them happy so that they will continue to rent from you for a long time.