The Pros
It’s correct to point out that the biggest benefit of having security cameras installed is the added sense of security it brings for the rental property, tenants, and their belongings. Today, you can purchase many kinds of security systems, 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 locations like these, putting up security cameras might be worthwhile. The value it brings would outweigh the cost because it allows you to confidently increase the rent to offset the cost.
The Cons
Among the bigger drawbacks to placing security cameras in a rental home is the cost you have to pay upfront. Security cameras can be a bit pricey, and unless you’re certain that your rental home’s circumstances can earn back the investment cost, you might end up losing money instead.
However, with the new innovation in home security systems, we now have access to smaller and inexpensive devices that have the same set of features as a full-fledged security camera system without the huge expense and professional installation. Instead of doing the work of installing security cameras yourself, you may leave it up to your tenants to invest in those devices themselves.
In Conclusion
It is necessary to take in both the benefits and drawbacks before making a decision on installing security cameras in your Christiansburg rental homes. Only then will you know if your money was well spent. The good news is that people at Real Property Management Insight can help. We offer the experience and information needed to make an informed decision, making sure that each rental home includes the features your renters want while keeping your costs manageable. If you want to know more about what we can do to serve you, don’t hesitate to contact us online or call us at 540-998-6917.