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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.A home security system can add comfort to a Tulsa rental home. For renters focused on security, a home with alarms or security systems can offer peace that other rentals may not provide. However, it’s important to balance this with the potential disadvantages. Before installing security systems in your single-family rentals, consider the pros and cons.

The Pros

The biggest benefit of security systems is undoubtedly the added sense of security for your rental property, tenants, and their belongings. A variety of security systems is available, with 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 these areas, the possibility of higher rents due to added security may make installing security systems a worthwhile investment.

The Cons

The initial cost is one of the main drawbacks of installing security systems in a rental home. Extra security can be a substantial expense, and if you’re not confident you’ll recoup the cost, you may lose money.

However, the arrival of affordable, compact security devices offers the benefits of a full security system without the expense of professional installation. Rather than paying for security cameras, you could let tenants invest in these devices to address privacy concerns.

It is vital to consider all the pros and cons before deciding if installing security systems in your Tulsa rental homes is worth the money. The good news is Real Property Management Abound 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 918-984-4433 today!

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