Some people roll their eyes when they hear about heat waves on the news. But what they do not realize is that heat waves are much more dangerous natural disasters than hurricanes and tornadoes. Heat waves have the potential to cause people severe health problems and sometimes even death.

The term “heat wave” describes a situation where there are unusually hot temperatures for more than a few days in a particular location or region. A heat wave occurs when a high-pressure system in the sky forces warm air down toward the ground, trapping it there for as long as the high-pressure system persists.

The Top 4 Ways to Prepare Your Multifamily Property for a Heat Wave

Multifamily property owners and landlords must take the necessary precautions to protect their tenants from the dangers of a heat wave before it strikes. Not only do they have a moral responsibility to help protect their tenants, but they also have a legal responsibility in certain jurisdictions.

Are you a multifamily property owner or landlord? Here are four ways to prepare your multifamily property for a heat wave to keep your tenants as safe as possible.

1) Install and Maintain Air Conditioning

The number one thing you should do is install an air conditioning system on your multifamily property that can supply cool air to all its units. It could be a central air conditioning system or individual air conditioners for each unit, but centralized air is preferred.

Some lease agreements require tenants to maintain the air conditioners of their units by cleaning them and replacing air filters. If your lease agreement with your tenants does not have this requirement, you must do the maintenance work yourself. Either way, you should regularly inspect the air conditioning system to ensure it remains in good working condition.

2) Use Lighter Paint Colors on the Walls

Did you know darker paint colors can retain solar energy and heat from the sun? If any interior or exterior walls have direct exposure to sunlight, paint them with lighter colors like white and light blue. Otherwise, darker-colored walls could increase the temperatures inside and outside your multifamily property units.

3) Add Window Treatments

Adding window treatments to the windows of your multifamily property units can significantly reduce the amount of sunlight and heat coming through them. Some popular window treatments for blocking sunlight are drapes, shades, and shutters. You could also add a solar window screen or tint to reduce heat transmissions while allowing tenants to look through the glass.

How to Prepare Your Multifamily Property for a Heat Wave

4) Educate Tenants on Proper Safety Tips

Talk with your tenants about the best ways to stay safe during a heat wave. Some helpful tips you could offer them include:

You do not have to be a doctor or healthcare professional to offer helpful tips to tenants. They will appreciate your suggestions, which will help grow their trust in you as their landlord.

Contact Peak Renovations if You Need Help Preparing Your Multifamily Property for a Heat Wave

As the summer heat intensifies, ensuring your multifamily property is prepared to withstand the rising temperatures is crucial. Peak Renovations offers expert services to enhance your property’s resilience against heat waves. From energy-efficient upgrades and superior insulation to advanced cooling systems and comprehensive maintenance checks, our team is dedicated to keeping your property comfortable and safe for all residents. Trust Peak Renovations to deliver high-quality solutions that not only protect your investment but also provide a cool and pleasant living environment, even in the most extreme conditions. Prepare your property today and enjoy peace of mind knowing you’re ready for whatever the summer heat brings. Contact Peak Renovations today to learn more.

Did you know that more than 50% of American dog owners reside in the 25 largest metropolitan areas in the United States? If you own a multifamily property in a city or central urban location, you can expect to encounter prospective tenants who are dog owners. Of course, you could decide not to allow pets in your multifamily property units, but that will make most prospective tenants not want to rent them. Due to the increase in dog ownership nationwide, multifamily property owners like yourself need to accommodate dog owners rather than push them away. Not only that, but you should even go so far as to install a dog washing station on your property.

A dog washing station is an amenity your tenants can use to wash their dogs in a setting built for it. The typical dog washing station consists of stainless-steel washbasins, a pet dryer, a hair vacuum system, and a hydraulic grooming table. It is easy for tenants to use the dog washing station to wash and clean their beloved dogs.

Recently Completed Dog Washing Station Project

Recently Completed Dog Washing Station Project

Below are the top four reasons to install a dog washing station on your multifamily property.

1) Convenient for Tenants

The traditional dog owner washes their dogs in the bathtubs of their homes, which in this case would be the bathtubs in your units. The problem is that it becomes highly inconvenient for your tenants because they splash water all over the bathroom and then have to clean it up. Plus, their dogs will shake off the water, causing it to fly onto the walls and personal possessions.

A dog washing station is an on-site amenity. The tenant is not responsible for cleaning the dog washing station after using it.

2) Prevent Drain Clogging Issues

Another bad thing about washing dogs in bathtubs is that dog hair sheds and clogs the drains. If your tenants end up with clogged drains, they will demand that you hire a plumber to unclog them. That means more time and expense for you as their landlord to resolve the issue.

A dog washing station prevents this problem from happening. The drains won’t get clogged if tenants no longer wash their dogs in the bathtubs. So, there should be fewer complaints about drain blockage after installing a dog washing station.

3) Encourage Socializing

Dog ownership brings people together. Tenants can make friends with each other by sharing a common interest in dog ownership. As tenants enter the dog washing station to wash their dogs, they will meet and get to know each other.

Your new dog washing station will encourage socializing on your multifamily property. If your tenants get along better, they are more likely to treat the property better and create a happier environment.

4) Make Extra Money

You could install the dog washing station as a free amenity for your tenants or charge them a monthly fee. It depends on what is in your best financial interests. If you need to make some extra money, it is okay to charge a small monthly fee to the tenants who want to use the dog washing station.

Request a Custom Dog Washing Station Today

Peak Renovations can build a custom dog washing station on your multifamily property. Contact us to request a consultation and learn more about the kind of dog washing station our team can build on your property: cfaber@peakrenovate.com

Due to the increasingly high cost of living, more people than ever are looking for quality homes and apartment units to rent. Multifamily properties make such lucrative investments because you can capitalize on the growing demand for high-end rental properties by earning a substantial passive income from them.

Of course, you need to compete with other multifamily property investors by attracting the most qualified tenants to your property. One effective way to compete in the rental marketplace is to install or renovate a luxurious swimming pool at your multifamily property.

How a Swimming Pool Adds More Value to a Multifamily Property

A swimming pool is considered a luxurious amenity for tenants of a residential multifamily home or apartment complex. You will have a much easier time attracting the right kind of tenants if you have an attractive, spacious, and accommodating swimming pool for them to use on your property whenever they want.

Here are the top 4 ways in which a swimming pool adds more value to a multifamily property:

1) You Can Seek Higher Rent Prices

Swimming pools add more demand for your rental units because a high percentage of prospective tenants seek properties with swimming pools attached to them. Since many multifamily properties do not have swimming pools, you have a good excuse to increase the price of your rental units if you have an attractive pool on your property.

2) Establishes an “Upscale” Feel to Your Multifamily Property

People tend to have a more positive perception of a multifamily property if it has a well-maintained swimming pool on it. A clear blue pool can create an upscale, high-end feel to the property that will make prospective tenants seriously consider renting a unit there. It will make them feel like they are being given five-star accommodations.

3) Creates a Sense of Community and Togetherness

It is easier to retain tenants for extended periods if they feel happy and comfortable at your multifamily property. A swimming pool helps create a sense of community and togetherness by allowing various tenants to spend more time together and make friends with each other. Because of that, they might be willing to remain at the property a lot longer.

4) Encourages Health and Wellness for the Tenants

Regular exercise can make almost anyone feel better. Tenants who work stressful jobs may feel like they don’t have the time to visit a gym and work out. But if they know they have a swimming pool next to their rental unit, they will feel more compelled to swim in the pool as a form of exercise to relieve their daily tension.


Before & After Pool Area Renovations


Contact Peak Renovations if You Need a Renovated Swimming Pool Area

The average inground swimming pool installation or renovation can cost anywhere from $35,000 to over $100,000. The best options will really depend on the size of your multifamily property and the number of tenants you plan to have. Contact us today for a free project quote: cfaber@peakrenovate.com

Multi-family property owners and managers must ensure that the walls, floorings, ceilings, utilities, and appliances of their unoccupied units are in satisfactory condition before renting them out. After all, nobody would want to rent a dirty unit with faulty appliances, electricity, and plumbing.

The process of improving the living conditions of an unoccupied unit is called “make-ready maintenance.” It involves taking the necessary steps to make the unit clean, attractive, and habitable before showing the unit to prospective tenants. That way, you will have a greater chance of renting or leasing out the unit for the highest rate possible.

What is Involved With Make Ready Maintenance

Make Ready Maintenance multifamily propertiesSome of the necessary tasks associated with make-ready maintenance include cleaning, painting, repairing, and replacing imperfect surfaces, appliances, materials, and other relevant items. For example, if your multi-family property has an unoccupied unit with leaky faucets, loose doorknobs, dead lightbulbs, and holes in the drywall, you would need to fix all these problems before renting out the unit. That would mean repairing the faucets, tightening the doorknobs, replacing the lightbulbs, and filling in the holes in the drywall. While you might think you can do these tasks yourself, some make-ready maintenance tasks will require professional service people to assist you. After all, you are probably not a professional painter, plumber, electrician, HVAC technician, or flooring specialist. So, if you need to repair or replace electrical wiring, plumbing, air conditioning, flooring, or even add a new coat of paint on the walls, you are better off hiring a professional to ensure it is done right. Since you’ll want to complete your make-ready tasks exceptionally well, you’ll need professionals with official credentials and exceptional skills in their respective fields to perform the make-ready maintenance tasks flawlessly. Sure, it will require an upfront investment to hire professionals to complete these tasks, but the payoff will be substantial once you rent out your unoccupied unit to a paying tenant.

How to Get Started With Make Ready Maintenance

The first thing to do is make a list of everything you need to fix or improve in your unoccupied unit. Make sure you check the condition of the windows, doors, floors, ceilings, appliances, electricity, plumbing, fixtures, and roofing to ensure they are in perfect condition. Some property owners and managers will even hire a property surveyor to help them discover all the flaws.
The next step is to hire a professional make-ready maintenance service provider like Peak Renovations. The company is the premier provider of affordable, high-quality, make-ready maintenance services for multi-family properties. Their service team can perform several different kinds of make-ready maintenance tasks without requiring you to hire multiple professionals who charge higher rates.

Contact Peak Renovations for more information on their make-ready maintenance services and to request a free price quote.

Every residential house has an electric meter to measure the amount of electrical power consumed on the premises in real-time. They also have an equivalent water meter for measuring the amount of water usage. Utility companies depend on electric and water meters to accurately calculate a customer’s utility bills at the end of each month. For example, whenever someone in a house activates an electrical appliance, flicks a light switch, or turns on their computer, the electric meter tracks the electricity delivered to those items. Whenever someone turns on a faucet or dishwasher, flushes the toilet, or takes a shower, the water meter measures the water usage for those actions. Most single-family homes and multi-family homes have one electric meter and water meter installed. That might be fine for a single-family home with only one tenant living under the roof. But if you are a landlord renting out individual units of a multi-family home to several different tenants, you need to be able to track the utilities used in each unit. After all, your primary utility meters measure the total electricity and water used in all the units and then give you one big electric bill and water bill at the end of each month. But if you want to measure the individual utilities consumed in each unit, you will need to install an electric submeter and water submeter in them. If you need submetering installation services at your multi-family property, contact us today to discuss your project: Contact Peak Renovations

Submetering for Multi-Family Properties

Source: NextCentury Submetering

Learn More About Submetering for Multi-Family Properties

The National Apartment Association and the National Multi-Housing Council have both conducted studies into the benefits of submetering multi-family properties. What they found was that individual apartments and housing units consume between 18% and 39% less water when submeters are installed in them. Landlords, owners, and property managers have the most to gain from submetering their multi-family properties because they can bill their tenants for their utility consumption more accurately. Instead of dividing the total utility bills amongst the tenants evenly, you can send a more precise electric bill and water bill to each tenant based on the amount of utilities they consumed in their unit.

Here are the top reasons why you should submeter your multi-family property:

You can hire professionals to install submeters on new and old multi-family properties. The installation is an affordable investment when you consider the benefits it will provide to you and your tenants. It even promotes environmental friendliness due to the incentive to conserve more power.

Contact Peak Renovations if You Need Submetering for Your Multi-Family Property

Water and electric submeter installation services are available for all types of multi-family properties, whether they are apartment buildings or houses. We recommend installing both types of submeters in each unit that you rent out to tenants to enjoy maximum financial and environmental rewards from it. If you need submetering installation services at your multi-family property, contact us today to discuss your project: Contact Peak Renovations

Resources:

NextCentury Submetering Solutions