If you want to add an extra feature that can attract renters to your Newport News rental home, a home security system would be a good start. For the security-conscious renter, a residence complete with cameras or alarms can offer a peace of mind that other rental homes don’t. Granting the perks that come with installing security cameras, there are also the drawbacks that go with it. It is vital that you take into due consideration both the pros and cons.
The Pros
The most noticeable benefit of security cameras is the fact that they offer an added sense of security for your rental property, tenants and their belongings. Nowadays, there is a new range of security systems available, many of which integrate cameras along with alarms and professional monitoring. Particularly in areas where crime rates are high, or vandalism is a problem, security cameras can act as both a deterrent as well as provide critical evidence in the event of a crime. In areas like these, installing security cameras is a perfect idea, and it won’t hurt then to raise your rent.
The Cons
Perhaps the biggest drawback to installing security cameras in a rental home is the hefty upfront cost that it takes to doing so. Security cameras can be a considerable expenditure, and unless you are confident of your current situations and you know that you are sure that you can redeem the cost, you may end up losing money in the end.
However, times have changed, and there are modern developments in home security systems too; we now have access to smaller, affordable devices that have the benefits of a full-fledged security camera system without it being as expensive and won’t require professional installation. Instead of installing security cameras yourself, you may leave it up to your tenants to invest in those devices themselves.
In Conclusion
It is imperative that all the pros and cons must be considered before deciding to install security cameras in your Newport News rental homes. The good news is that Real Property Management Dominion can help. We can provide the knowledge and information you need to make an informed decision, ensuring that each rental home includes the features your renters want while keeping your costs low. If you are interested in learning more, contact us online or by phone at 757-395-4274 today!
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