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MAKE A PROFIT
Some cities are at the cutting-edge of waste management technology. San Francisco is a great example. The city offers free compost collection (did you know eggshells can be composted?) and boasts the most advanced recycling center in the country. They’re even able to sell much of that recycled plastic for a pretty profit.
INDOOR BUILDING HEALTH
The COVID-19 pandemic alerted many businesses to the increased importance of indoor air quality. Better ventilation and air quality can help prevent cold & flu in multifamily residences & commercial offices. Residents can further invest in their own air health by purchasing an affordable HEPA air filter to capture viruses, bacteria, dust and other allergens.
CIRCADIAN LIGHTING
Our bodies have a natural internal clock called the human circadian rhythm. Our bodies naturally change to help us stay more alert during the day and better able to fall asleep at night. Research suggests indoor lighting that mirrors the sun’s intensity and changing color spectrum throughout the day helps us function better. Circadian lighting in commercial spaces would display mellower orange and yellow hues in the early morning and late afternoon, with brighter blue hues at mid-day.
So, will air quality and circadian lighting actually increase property value? Maybe not directly, but
when you improve conditions for your tenants, you can increase productivity, health and happiness for everyone there. That alone can help your business thrive.
WINTERIZE MANUFACTURED HOMES
Many manufactured housing providers have an additional risk to their property value in the form of cold winter temperatures. Luckily, there are simple ways to winterize manufactured housing. These simple, low-cost tips can help save money and energy for both the property manager and the resident:
• Reverse ceiling fans so cold air is pulled up and away and warm air is pushed back down
• Inspect water heaters
• Let faucets drip
• Keep the heat on at all times
• Skirt the sides of each home
• Crack open closets and cabinets to keep warm air circulating
• Caulk doors and windows • Wrap pipes in heat tape
The easiest way to increase property value is to take care of your assets. Winterizing homes, installing smart thermostats, installing leak detection software, monitoring air quality and streamlining waste management are just ideas to get you started, and we hope they help!
Yardi Breeze is property management software designed for you. Our refreshingly simple platform puts you in charge of marketing and managing your entire portfolio, with support for residential, commercial, affordable, self storage, HOA/condo and manufactured properties. Rest easy knowing your reports are accurate with Yardi’s trusted, built- in accounting system to track your revenue and expenses. And since Breeze is in the cloud, you can work from anywhere and get fantastic support when you need it.
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APARTMENT MANAGEMENT MAGAZINE - FEBRUARY 2022 CS-29