There are more options than before when it comes to security systems and your Jenks rental property. You may be considering if the time is right to install a home security system in your rental properties.
Despite the many reasons to do so, there are also important things to consider before moving ahead with the installation. You should know more about tenant privacy, cost, etc. By doing this, you would know more about home security systems for rentals so that you can make an informed decision for your properties.
Installing a home security system may seem like a great idea, especially since it is a given that a tenant would want to feel secure in their rental home. But before the Jenks property owner decides that a security system is best for the rental property, he must consider all the parameters.
An important thing to consider is cost. A low-cost installation may be advertised by security companies but monthly monitoring fees and other expenses could make the total cost higher. Also, before you make a decision, you should know who will be responsible for paying any related fees before deciding whether to install a security system in a Jenks rental property. A security system, especially for areas with a high crime rate, may be necessary to keep your property and your tenants out of harm’s way.
When prospective tenants have different views about the neighborhood, a security system could send a wrong message. Also, don’t forget the costs that come with a security system. Costs for the security system should be a part of the monthly cash flow if you are paying for these yourself. But if you would rather let the tenant pay for it, make sure they agree to do so before signing the lease. If you simply assume they will pay for it, but the tenant doesn’t want to, you may run into problems.
A tenant may not opt for a security system. If the neighborhood feels safe, a security system could be considered unnecessary. Also, tenants may lack the technical skills to learn how to operate the system correctly and could eventually give up out of frustration. You don’t want to install a system that does little to enhance security on the property.
It would also be possible that your tenant does not like your security system and your security company. Some would rather prefer to install their security measures. The convenience and control offered by a home security system linked to their smartphone make it easier for tenants to do it themselves.
One must remember to consider the issues of privacy. In this day and age, security systems come with integrated cameras. These systems may be easy on the wallet but it is important to remember that it is illegal to take photos or videos in any area where your tenant would have a reasonable expectation of privacy. 0
If the exterior of the rental house has security cameras installed, make sure that any areas that need privacy are not captured. It is best to check with the neighbors before installing exterior cameras to ensure that they know and are comfortable with which areas of the property are being recorded.
Lastly, the decision to install a home security system in your rental property must be a balance between the needs of the tenants and your unique circumstances. But if you use the information and carefully analyze all the factors, you can make the right decision for your investment properties. Contact us online or call 918-532-7020 to speak with one of our Jenks property managers today.
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