4-family Lockout Strategy

[Jason Pride]

Hi All,

Just wanted to share a lockout strategy that I use at my four family.  In the basement I have 4 separate lockboxes (~$15 each on Amazon), each corresponding to a different unit.  They are labeled with the unit number.  When a tenant calls with a lockout issue, I inform them of the $35 lockout fee that I enforce, and then provide them with the code to their specific lockbox in the basement.  After the key is returned I stop by when it is convenient for me and change the lockbox code.  This saves any late night or inconvenient trips, and also prevents some potential use of a locksmith possibly damaging my locks or doors.

Hopefully this helps save some people time!  If anyone sees any concerns with this method, I would be happy to hear some feedback!

Jason