Security systems have picked up quite a bit of popularity over the past few years. This could be the growth of technology and even the increase in package delivery, as people want to protect their packages from theft. Regardless of what the reason is, security systems have become a lot more affordable and accessible due to their popularity.
This, in turn, made security cameras a relatively low-cost investment in today’s world, and landlords are taking advantage of this. After all, protecting your tenants and your investment should always be a priority. However, there are a few things to keep in mind about security cameras when it comes to rental properties. So, to help you, we’ve compiled a list of what to know about security cameras for a rental property.
Keep the cameras outside
One of the things to keep in mind about security cameras for a rental property is that you can’t place them in private areas. Additionally, common areas tend to get a little bit iffy. So the best call is simply placing the cameras on the property’s exterior. By leaving the cameras outside, you can ensure the property is safe while still giving your tenant privacy.
Remember, taking away privacy is something a landlord can’t do. Alternatively, if the property you’re working with is an apartment building, you can freely place the cameras in the hallways. These are public areas, so placing cameras there doesn’t break any rules. All in all, so long as you keep them in public areas, security cameras are a relatively low-cost investment that is very useful in the long run. Just remember to be careful with the placement.
Notify tenants about the security cameras in the lease agreement
Another thing to know about security cameras for a rental property is that you need to include them in the lease agreement. This can either be included in the body of the agreement or as an addendum. Either way, you need to let your tenants know the property has security cameras for everything to be legal. This should also include rules about excessive false alarms, access codes, and responsibility for damaging the security system.
This way, you will avoid misunderstandings in the long run, as security systems are still somewhat of a novelty in rental properties. Additionally, when installing the security system, choose the right partner. After all, you should make sure you can trust the home security company you hire since they’ll be responsible for protecting your investment.
Choose the right type of security camera for your property
There are quite a few choices regarding the types of security cameras you can have installed. Different types of cameras are better for different kinds of properties. As such, doing some research to determine what kind of camera is best for your property is recommended. If you’re unsure how to go about it or want to be safe, you can always consult experts.
At the end of the day, home security companies will be able to offer you the best solutions. And if you want to strengthen your business, relying on experts to ensure everything is optimal is a good choice. After all, a great property speaks for itself.
Familiarize yourself with how the system works
The details of how a home security system works can vary from system to system. As such, when installing one, you should ensure you know how to use it fully. We recommend asking the experts for an explanation after they finish installing the system. However, even with help, it will probably take time for you to get used to the system. So, familiarizing yourself with the system as quickly as possible is vital in the long run.
After all, this is the best way to make sure your property stays safe. And, if someone tries to break into your property, you should know how to respond quickly. Seconds can make the difference between the culprit getting away and getting caught. So, learn how to use the home security system quickly, and you should be fine if anything happens.
Security cameras are a valuable amenity in today’s rental markets
As mentioned briefly, security cameras have become very popular in the past few years. As such, installing security cameras will help you attract tenants. After all, security cameras can only add to a property’s value in a tenant’s eyes. The internet age has affected the real estate market, and security cameras being in most properties these days is one of those effects. And in the real estate business, staying up to date with current trends is very important. Especially when it comes to rentals, attracting tenants quickly is vital.
So, make sure your security cameras are up to date, and you should be fine in the long run. Of course, keeping an eye on current trends is always going to be important as well.
What to know about security cameras for a rental property – wrap up
Installing security cameras on your rental properties is a great idea overall. They’re a great way to ensure your tenants and investment are safe. However, there are a few things to keep in mind about security cameras as well.
For example, you should only install them in public areas, so your tenants can have their privacy. You also need to ensure your tenants know the property has security cameras installed. We hope this list of what to know about security cameras for a rental property helps you, and we wish you a good day.