Should You Install a Security System in Your Single-Family Rental?

Installing a home security system can bring comfort to a Prineville rental home. Renters concerned with security might feel more at ease in a home with security systems or alarms compared to others. However, it’s important to balance this with the potential disadvantages. Before deciding on security systems for your single-family rentals, it’s essential to weigh the pros and cons.

The Pros

It’s clear that the primary benefit of security systems is the added sense of security they provide for your rental property, tenants, and their belongings. A variety of security systems is available, with many integrating 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. In such areas, the potential for higher rents from added security can make installing security systems a worthwhile investment.

The Cons

One of the main drawbacks to installing security systems in a rental home is the upfront cost. Added security can be significant, and unless you’re sure you can recover the cost, you may lose money.

However, with affordable and compact security devices, we now have options that provide full security benefits without the cost of professional installation. Instead of covering the cost of security cameras, you might allow tenants to invest in these devices to address privacy concerns.

It is important to consider all the pros and cons before determining whether installing security systems in your Prineville rental homes is worth the investment. The good news is that Real Property Management Ignite can assist. We can give you the experience and information needed to make an informed decision, ensuring each rental home has the features renters want while keeping costs low. If you want more information, contact us online or by phone at 541-550-7002 today!