Sunday, June 12, 2016

WINTER is coming

It’s a good time to update insulation, heating, and thermal drapes to keep your properties snug and tenants healthy.  While some landlords may not see the benefit of insulation in properties they don’t live in, they do see the benefit of rent being paid.  Insulation is an investment by the landlord to receive regular rent payments.  Cold tenants become sick tenants.  Sick tenants need time off work.  They run out of sick leave, then holiday pay, and start taking unpaid leave, which soon means missed rent.  Their irregular attendance means employers overlook them for promotions, which compromises the landlords ability to put rent up and get it paid.

You don’t need to be entirely self-serving as a landlord to insulate your properties, you can also do it out of respect for your fellow human beings, caring for the environment, and lowering demand on our power generation infrastructure.  
From 1 July, new tenancies need to specify the amount of insulation in the property, which is yet another reason to insulate.  Over time, this will influence the vacancies your property experiences, as tenants choose properties on their thermal performance, which has a direct result on your investment return.

Whatever your motivation, it’s time to insulate.  If you want assistance with this or any other matters relating to managing your properties, come see us at Rental Results.   Phone for an appointment 04 4711880.

PS. Forgive the Game of Thrones reference, it's Monday night, and I'm off home shortly to watch the latest installment and think how fortunate we are it is all make-believe. Tempting though it is to deliver 'the Kings Justice' on deserving people from time to time, imagine the cleaning bill for the carpets.

1 comment:

  1. Thank you for the information. I think I will go ahead and insulate. Sometimes, when I'm on the fence about something, it helps to find a post that talks about how great it is to do. Well, yours was just enough to convince me that it is the right thing to do.

    Ambrose @ Brown & Reaves Services, Inc.

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