How to Make Your Rental Property More Energy-Efficient
A recent study found that more Americans rent a home or apartment than at any other time in 50 years. Striking while the iron is hot is a good idea if you are thinking of investing in rental properties. The key to having success with this investment is by focusing on maintaining your property.
Keeping your property energy-efficient is a great way to make it more appealing to potential renters. If a home or apartment is energy-efficient, a renter knows they will not have to contend with astronomical electricity bills. If you are looking for ways to make your rental property more energy-efficient, consider the tips below.
Find Drafts and Seal Them Up
The best way to find energy waste issues is by inspecting your rental property. Reputable and successful companies like Steven Taylor Taylor Equities spend a lot of time and money on property maintenance. These companies realize that in order to keep a rental property in good shape, work has to be done. During your inspections, be sure to focus on whether there are drafts present.
Checking around the windows and doors of your property is the best way to detect these problems. If there are drafts in these areas, investing in a tube of high-quality caulk is a must. With this material, you can seal up these drafts and make your rental property more efficient.
Take a Look at the Appliances
The next thing you need to take a look at when trying to improve energy-efficiency is your appliances. If you have older refrigerators or stoves in place, they can waste a lot of energy. Buying new appliances will be expensive, but you will recoup your investment in no time.
Hire Professionals to Perform an Energy Audit
If you want to get in-depth information about energy usage, hiring professionals to perform an energy audit is crucial. With their help, you can accurately assess what needs to be changed to make your property more efficient.