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Green Rental Property Updates That Are Worth The Time And Money

Property Management and Tenant Placement

Green Rental Property Updates That Are Worth The Time And Money

rental property updates

Are you thinking about updating your rental property in 2022 but you’re not sure which updates are worth the time and money?

In this article, we will share with you which green updates you should make to your rental property, that will increase the value of your property, while also helping your tenants to decrease their monthly energy costs.

Green Update #1 – Solar Panels

Solar panels are a smart green update to make to rental property because they increase the value of the property, increase rental rates, and lower the operational cost of the property.

Although solar panels do sometimes require a significant investment, once you do a cost-benefit analysis you will see that the long-term ROI is worth it.

Green Update #2 – Upgrade The Insulation In Your Property

If your rental property is more than 25 years old, chances are that it has insulation that should be upgraded because energy-efficient insulation means that your tenant will pay less money to heat/cool the home and they will be more inclined to rent from you for a longer period.

Spray foam insulation is the most energy-efficient insulation to create an air barrier in the attic. Certain spray foams can expand up to 100 times its original size, so it fills all of the nooks and crannies in the attic.

Green Update #3 – Energy Efficient Doors And Windows

Last of all, but most important, another green update to consider is energy-efficient doors and windows.

Since most of the heating and cooling escapes from older windows and doors in a home, it makes sense to upgrade them to save money while increasing the value of your property.

At Rent Portland Homes – Professionals, we offer complete property management services and our team will recommend the best updates that you should make to your rental property.

For more information about the property management services, we can offer you, contact us today by calling (503) 447-7735 or click here to connect with us online.