As a property management company or a landlord, any steps you can take to increase safety, efficiency, and organization are well worth it. Gadgets can help in these areas, from protecting your property to communicating with tenants.
Here are some of the best gadgets for effective rental property management:
Security Cameras: Security cameras are a great way to deter crime. Having one helps you keep a watchful eye over your property, even when you're not there. You can install cameras in parking lots, near doorways, rooftops, and common areas to deter potential criminals from victimizing residents and guests.
Video Doorbells: A video doorbell is a great way for tenants to screen visitors before opening their doors to potential strangers. By installing video doorbells for tenants, you empower them to identify visitors and feel safer in their homes.
Motion-Activated Lights: Installing bright, motion-activated lights remains an excellent move for deterring criminals and increasing safety around your property, especially in dark areas. Whenever the motion detector picks up movement, it triggers the light to turn on, making it harder for someone to hide.
Smoke and Carbon Monoxide Detectors: These are essential for any rental property to ensure the safety of tenants. By installing detectors in every unit, you're taking proactive steps to protect tenants from potentially deadly dangers.
Smart Locks And Entries: Smart locks and entry systems can make it easier to monitor visitor activity. They can also provide an extra layer of security since you can give tenants access to specific areas and restrict access to others. For example, janitorial staff could hold a key that grants access to only places where they perform work. On the other hand, tenants might get a key that accesses the fitness room or business center.
Smart Thermostats: Programmable thermostats can help you save money on energy costs by ensuring the temperature remains at a comfortable level. You can also give tenants the ability to control the temperature in their units, which can help resolve any disputes that may arise.
Smart Water Meters: Smart water meters can help you keep track of your water usage and ensure that residents don't waste water resources. Installing separate meters on each rental unit helps identify unusual use, which can signify a leak, running toilets, or other problems. Getting alerted early to these issues can save you time and money in the long run. For example, water leaks become expensive over time if they stay unnoticed. Solve that problem forever with new meters.
Online Management Portal: While not precisely a "gadget," an online management portal is a powerful tool that can help you track all of your properties in one place. Depending on the software solution, you may have the option to collect monthly rent, advertise vacant units, communicate with tenants, and send out important information or updates.
Whether you manage two or two hundred properties, having tools and gadgets to help you out can make your job much easier. By taking advantage of everything the latest technology offers, you can streamline your operations, save time and money, and provide a better experience for your tenants.
This article was brought to you by Henderson Association Management, a community management company serving homeowners in North Carolina and South Carolina.
