Taking the extra time to upgrade the energy efficiency of your Investment Property, will create a path for you to increase the return on your investment.

You will make your tenants feel important and they will value your property more as well.

Energy efficient properties can generally yield a higher rental return and a higher resale value.

Here are some important energy efficiency tips from RealRenta to keep in mind:

• Install an Electricity monitoring system to measure energy consumption
• Replace old fluorescent lights with LED lights
• Replace old air filters on air conditioners every 90 days to avoid built up dust decreasing the efficiency of the system
• Reseal gaps in doors and windows & seal ducts to control temperature
• Turn down the temperature on the water heaters ( this can save 3 to 6 per cent in energy costs)
• Update old appliances to more energy efficient appliances, ie dishwashers, fridges etc.

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