A home security system can add comfort to an Allen rental home. Security-conscious tenants may find a rental with security systems or alarms offers peace of mind that others do not. However, it is crucial to consider the potential downsides. Before choosing to install security systems in your single-family rental homes, consider the pros and cons involved.
The Pros
The main benefit of security systems is the added sense of security they provide for your rental property, tenants, and their belongings. Various security systems are available, many of which incorporate cameras, alarms, and professional monitoring.
In high-crime or vandalism areas, security systems can serve as both deterrents and vital evidence in case of crime. The potential for higher rents in these areas, thanks to added security, might make the cost of installing security systems worthwhile.
The Cons
Among the top drawbacks to installing security systems in a rental home is the upfront cost. Extra security can be a substantial expense, and if you’re not confident you’ll recoup the cost, you may lose money.
However, affordable, compact security devices now give us the benefits of a full security system without the cost of professional installation. Rather than bearing the cost of security cameras, you could let tenants invest in these devices to address privacy concerns.
It is essential to consider all the pros and cons before determining if installing security systems in your Allen rental homes is worth the investment. Fortunately, Real Property Management One Source can assist. We provide the experience and information you need to make an informed decision, ensuring each rental home includes the features your renters want while keeping costs low. If you want to learn more, contact us online or at 214-721-0727 today!
Originally Published on February 8, 2019
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