We are pleased to announce First Light Property Management Inc.’s inclusion in a recent article for the Lowes Commercial Services website, www.LowesForPros.com. Trevor Henson, Partner and COO, was interviewed by writer, Kelly Haglar, as an expert source into the reasons why a property management company, landlord or apartment owner should update their onsite laundry facilities. The article outlines the following five tips to help create a more efficient and profitable laundry room:
- Purchase high quality now, save on maintenance costs later.
- Get help with the update.
- Find the right ratio [of laundry machines to number of tenants].
- Add more efficient lighting and ventilation.
- Improve security and access
We encourage you to check out the full article which can be found by following this link: “Why You Should Update Your Laundry Facilities”.
Interested in reading more about how to improve the Net Operating Income (NOI) for an apartment building or investment property? Here is a link to a previous Property Management 2.0 post on the subject: “Property management and dirty laundry: How to increase NOI with outsourced laundry machines”