As a Sandy rental property owner, you are consistently inquiring about effective ways to reduce property maintenance costs. Conceding that there are indeed a few things you would be able to do to cut corners carefully, re-keying your rental property’s locks is not one of them. Doesn’t matter how harmoniously your last tenant left, you should always have your property’s locks re-keyed between tenants. There are many rationales for this, the most essential being the security of your property, the safety of future tenants, and helping intensify your rental’s appeal to new tenants.
Secure Your Property
Security should definitely be a top concern for landlords, whether your property is currently occupied or not. Even temporarily vacant properties can become targets for criminal mischief and burglary. This is precisely made easier if your previous tenants copied their key and gave it to someone who was not on the lease. To preserve and keep your property secure and to thwart criminal activity, you have to be able to control who has access to the property and when. You can do this more securely by re-keying your property’s exterior doors in the case that a tenant moves out.
Unreturned keys become an, even more, grave concern for your future tenants. Tenants yearn to feel secure and safe in their rental homes. But in actuality, if your prior tenants still have a key to the house, that feeling of security may be an illusion. If a past tenant or someone they gave a key to does a break-in, you may actually make yourself responsible for any damage or injury that occurs. You will furthermore lose the trust of your tenant, which may result in canceled leases and costly turnover. To make tenant safety a reality, it’s important to re-key the locks.
Even if the cost of re-keying the locks between tenants may make you waver, you can use it as a selling point for your property. If a prospective tenant is apprehensive about safety, you can alleviate those fears by guaranteeing that their locks have been re-keyed; and they may decide on your property over other similar rentals in the neighborhood. If you can increase demand for your property this way, you may even be able to demand a little more for rent and swiftly collect anything paid to have the locks re-keyed.
Alternatives to Re-Keying
Today’s landlords are seeking ways to help guarantee the safety of their property and tenant. As an instance, instead of re-keying the locks each time a tenant moves out, quite a lot of landlords find it more affordable and cost-effective to mount an electronic keypad or smart key product. Despite that such choices do cost more upfront, the gain is that you can swiftly change the key code or smart key tool yourself. In all likelihood, the most difficult detail of these alternatives is remembering to do so as part of the move-out process.
DIY or Hire a Pro?
If you are handy, you may be able to re-key the locks of your rental property yourself. Although it is not a tough thing to do, it does take a bit of proficiency and skill. To be assured the job is conducted correctly, you may decide to hire a professional to come in and execute it for you. It may be considerably inexpensive compared to replacing the entire lock, knob, or deadbolt. The most important thing is that it is done correctly and that you now actually have a whole new set of keys to give to your new tenant.
Tenant move-out can be a rather busy time for property owners. Why not let the professionals at Real Property Management Wasatch do it for you? Our Sandy property managers are experienced at handling everything the move-out process requires and can definitely help find you a great new tenant as well! To learn more, contact us online or call us at 801-889-1517.
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