Are you a landlord looking for ways to make your rental property more profitable? Do you want better, long-term tenants who are happy to pay fair market price for rent? If you’re tired of dealing with tenants who don’t pay the rent on time or tenants who leave behind a huge mess, you need a property management company.
Real estate investors are always looking to identify connections between property features and property values in order to target profitable investments that can deliver maximum returns. And while some features are obvious – such as location, square footage, and number of bedrooms – others aren’t quite as apparent. One such feature is the presence of a home security system.
Understanding the Value of Security
While a home security system gives the renter or homeowner peace of mind, it can give an investor a higher return or financial kickback. Exactly how much depends on a number of location and company-specific factors, including the following: