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Updated over 8 years ago on . Most recent reply
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Security System
I recieved a good deal on a rental in a neighborhood that I would grade a C+. Not the best but certainly not the worst. What are your thoughts/opinions on installing a security system for an incentive and also to attract better tenants? The property is pretty much move in ready. I just have to have a couple bedrooms painted so my rehab costs are already below budget. Thanks
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- Real Estate Broker
- New Brunswick, NJ
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If it's in a C neighborhood chances are you will make tenants happy with a security system because you will be attracting tenants from C neighborhoods. I have seen systems in A & B neighborhoods so I don't think you'll be scaring anyone away by having one. Not to mention you get a discount on your homeowners for having one installed. Some of them also have alerts for smoke/carbon. Overall, it shows you are serious about their safety.
I use FrontPoint security. They are more expensive than ADT but they are also better in my opinion and burglars aren't used to disarming them compared to ADT and Slomin (which seems to make up the majority of security systems). I will always have systems and motions lights on every side of the house in my rentals as I want to make it clear to my tenants that I care about their safety.
- Peter Tverdov
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