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How to Control Summer Costs for Rental Properties While You're Away

How to Control Summer Costs for Rental Properties While You're Away

Rental properties are widely considered to be one of the best investments you can make in your future—they make you a good amount of money now, and selling them later can net you a bundle of cash which you can use to maintain your complete financial independence. However, anyone who owns one of these properties can tell you that they don’t always feel like a wildly profitable investment; in fact, they feel like quite the opposite in many instances.

This is particularly true in summer, when vacation properties almost always see a huge spike in overhead costs. There are good reasons for this, but that doesn’t mean you should have to settle for watching as your rental property become immensely less profitable during these months. On this blog, we’ve got a few tips you can follow to keep your vacation rental’s summer costs down.

Wi-Fi Thermostats

One of the biggest summer costs for rental properties is energy, and this number tends to shoot upward during summer as people everywhere scramble to fire up the air conditioner and stay cool. Obviously you want your guests to be comfortable, but they don’t often return the favor by shutting off the air after they leave. Not to worry—with a WiFi thermostat, you can shut off the air conditioner after their scheduled departure and keep it turned off until your next guests arrive. This prevents you from having to pay for cooling costs between arrivals, and that could add up quickly in the heat of summer.

Likewise, many of the most popular WiFi thermostats are equipped with learning or self-adjusting technology, which allows them to change their own temperature setting in accordance with your preferences. This programmability alone can do wonders for keeping your energy costs down.

HVAC Filter Services

If you’re located thousands of miles away from your air conditioner, it’s simply not practical to fly all the way out to your vacation rental to swap out your air filter, yet an air filter that isn’t changed frequently enough is one of the leading reasons for air conditioning breakdowns. The solution? Air filter delivery services, which frequently drop a supply of air filters off at your property. There are also regular maintenance plans where a technician can drop by and swap out your air filter to keep your air conditioner supplied with clean, filtered air. This not only means better energy efficiency during the sweltering summer months, but a greatly reduced chance that you need to have your air conditioner repaired due to a sudden, unexpected breakdown.

Preventative Maintenance

Having your system professionally maintained once a year has a number of benefits. For starters, it can help you save a bundle of money on your energy costs by making your air conditioner more efficient. However, it also helps you avoid a costly breakdown in your HVAC system. That means they can help you avoid interruptions of guest time due to the need for serious repairs. All of that combined could save you hundreds or even thousands of dollars over the course of summer months when it comes to managing your rental property. When you consider how much you could save, it’s almost a no brainer to make this small, important investment in your air conditioner.

Book your air conditioning maintenance service with the Mandeville air conditioning professionals from Nu-Air Heating and Cooling! Call us at (985) 288-2445 today.

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