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

A man and woman installing a wall mounted device in a room.Installing a home security system can bring comfort to a Roslindale 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 essential to weigh the potential drawbacks. Before installing security systems in your single-family rentals, consider the pros and cons.

The Pros

The foremost benefit of security systems is the extra sense of security they offer for your rental property, tenants, and their belongings. There are many security systems available today, many integrating cameras, alarms, and professional monitoring.

In areas with high crime or vandalism, security systems can function as deterrents and sources of crucial 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

The initial expense is one of the biggest drawbacks to installing security systems in a rental home. 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. Rather than bearing the cost of security cameras, you could let your tenants invest in these devices to address privacy concerns.

It is important to weigh all the pros and cons before deciding whether installing security systems in your Roslindale rental homes is worth the expense. The good news is Real Property Management Boston 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 617-522-0099 today!

 

Originally Published on February 8, 2019

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