You have already put a lot of money into your real estate investments, but investing in their security will protect and potentially enhance your returns even more. While it might sound daunting to put security measures into place when you own several properties, increasing their security only requires three simple steps.
Add a Fence
Adding a fence enhances your investment and adds to your property value. It beautifies the property while securing it. It demarcates the yard’s perimeters, and it also provides a foundation for planters, garden boxes, trellises, and other yard enhancements. Depending on the materials used, a fence costs between $1,500 to $4,000 for materials and installation.
Install Security Measures
Investing in a simple security system also raises your property value. A basic system uses door and window sensors, a camera, and an alarm. Better systems use a video doorbell. Be sure you understand some of the features that your video doorbell should have when installing your security system. It should allow you to view visitors on your doorstep with a mobile app so that you can protect the safety of those inside and on the property.
The doorbell video functions separately from the interior camera, and it works well with the next recommended security option of smart locks. You can purchase a basic security system for less than $200.
Switch to Smart Locks
Switch external locks on the doors from keyed locks to smart locks. These work especially well for short-term rental properties and vacation rental properties. You’ll be able to reset the access code via an app. It also lets you control who can enter the property from anywhere that you have internet access.
You can change the lock’s code after each renter moves out, which guarantees that they cannot get back in without your permission. The entry and exit time/date stamps also help secure the property by providing you a history of access.
You can also assign custom codes with some systems. Custom codes let you create a code for the grocery delivery person or your house cleaning service. Rather than needing someone to meet them there for access, you can monitor their access remotely and let them do their job on their own. The best smart locks cost between $200 to $300.
You have already invested so much into your real estate purchases. By adding a little more to your investment you’ll see an impressive payoff in security and enhanced value.
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