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Make your investment property more sustainable with these quick tips from RealRenta

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Rising utility costs and a growing awareness of sustainable living is creating a stronger demand in the rental market for properties that are more self-sufficient.

Sustainable investment properties have a very wide appeal due to the cost saving factors for tenants and also appeal to a demographic, prepared to pay more to achieve this type of lifestyle.

If you are building, choose an architect with a background in sustainable designs.

The three main areas of sustainable living are:

  • Energy Production
  • Water Collection
  • Waste Disposal

The initial installation of a solar power system can dramatically reduce the consumption of energy as can installing light wells, double glazed windows, effective window and door seals, insulation and adjustable shading.

Water tanks are some of the least expensive ways to sustainable living but some councils, may insist that you install some form of filtration for drinking water, as some water tanks can be susceptible to bacteria growth if rainfall is inconsistent.

Drinking water can be used for flushing toilets but compostable toilets are becoming increasingly popular and have very little long term associated costs.

Also, a composting toilet is a fantastic way to recycle and reduce water usage.

Create spaces for vegetable gardens and /or chicken coops and engage a landscape designer who promotes the smart usage of water.

 

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RealRenta is for Smart Investors, who realise that they are no longer bound to traditional property management and the associated high fees

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Jason Gwerder