On-premise laundry rooms are appealing amenities that will help you with your tenants in several ways! Many landlords don’t want to deal with the hassle, but they’re missing out on a major incentive to retain and attract tenants. Read on to learn a few reasons why landlords should offer a laundry room.
A Boon for Your Tenants
There isn’t a tenant in the world who searches for an apartment building without a laundry room, but the opposite is often true! In fact, many tenants look to upgrade to an apartment with a laundry room. If your building doesn’t offer on-site laundry, it becomes less appealing to new and current tenants.
You’ll probably experience frequent tenant turnover and maybe even vacant rooms. Landlords know better than anyone that vacant rooms are a nightmare they should avoid at all costs.
Command a Higher Rent
Amenities aren’t free—after you make the investment, you can begin to earn it back. Tenants are willing to pay a little more for the services they desire, and on-site laundry is important to many people.
Depending on the laundry room you want to run, you can also charge a small fee for use of the machines. Many tenants are willing to accept small fees in exchange for the ability to do their laundry without needing to drive to a laundromat.
They’re Not as Expensive as They Appear
The biggest reason landlords avoid purchasing washers and dryers for their apartment buildings is the assumed cost. While it can cost a bit of money to get a laundry room off the ground, there are several proven ways to save money on your building’s laundry room once it’s finished. The best thing you can do is install new washers and dryers, since they use water and power very efficiently.
Now that you know why landlords should offer a laundry room, start making the updates and watch the new tenant applications pour in.
Supply chains are unpredictable. One month, inventory moves slowly; the next, a seasonal spike floods the loading dock. If your storage system is rigid, these fluctuations create chaos rather than revenue. A static warehouse is a liability in an industry defined by movement and speed, so it is vital that you future-proof your warehouse storage equipment.
Every mile counts on the road, but what happens when the wheels stop turning matters just as much. For trucking companies, trailers are revenue-generating assets that must be taken care of. That means ignoring where and how you store them is a silent profit killer.
Buying farmland for the first time is an exciting venture, opening up possibilities from starting a family farm to making a long-term investment. But before you plant your first seed or bring in livestock, it’s crucial to do your homework. A successful purchase depends on more than just the price tag. Here are five essential things every first-time farmland buyer should know to make a wise and informed decision.
Most drivers understand that their tires are crucial for a safe ride. Yet, many overlook how significant weather changes can impact tire performance and overall driving safety.
Winter storms are sweeping across the US, bringing snow emergencies in the Northeast and flooding in the Pacific Northwest. Stay safe with driving tips, shelter resources, and pet care guidance, plus direct links to emergency services.
Use official sources for live alerts and road conditions. Follow your local authorities' advice and guidance immediately by staying off roads or evacuating.
Current situation across the United States
Severe winter weather is affecting multiple regions across the country. In the Northeast, heavy snow and ice are creating hazardous travel conditions, while the Pacific Northwest is dealing with widespread flooding, evacuations, saturated ground, and powerful winds. Staying prepared, remaining aware of conditions, and knowing where to find shelter are essential for keeping both people and pets safe.
