Owning a property comes with risks. Weather or accidents can damage your building and belongings. There might be break-ins or vandalism, too. You need maintenance to keep everything in good shape.
If you rent out your property, you must make sure it is safe for your tenants. This means keeping it free from pests, hazards etc. You also need to take steps to protect it from break-ins.
In this article, we’ll share helpful security tips to protect your property and keep your tenants safe. Let’s explore!
1. Consider Landlord Insurance
Landlord insurance protects your rental property. While a regular homeowner’s policy might seem like a good option, commercial property landlord insurance is specific to mitigate rented property risks.
It covers damage caused by fires, storms, or vandalism. It also replaces lost rental income if your property becomes unlivable. It would help when unexpected problems arise.
Besides, landlord insurance often includes liability coverage. This protects you if someone gets injured on your property and makes a claim against you. In short, you can safeguard your property and finances with this coverage.
2. Screening of Tenants
If you want to avoid claims, you must check tenants. You need to examine the history of tenants. Plus, you should make sure tenants are insured. Besides, you have to update the tenant agreement as needed.
3. Maintain Record
You should keep clear records of all conversations, payments, and repairs for your properties. If a problem comes up, these records can prove your case in court. You can also have a digital copy of all records.
4. Get Legal Help
If you’re facing problems, you can contact a lawyer in your locality who knows landlord-tenant laws. They can give you the right safety advice. Plus, they can plan your defense in case of any trouble.
5. Convince Tenants to Get Insurance
If truth be told, you are not responsible for your tenant’s belongings. But you must encourage them to get renters insurance. This will help if something goes wrong. It also reduces the chances of tenants suing landlords.
6. Look for a Property Manager
If you have a busy schedule, you can’t take care of your rental property properly. Here comes the role of the property manager. They can check the house during work hours. Plus, they can also help in finding the right tenants.
Property manager duties include:
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Avoid burglary
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Keep checks
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Finding tenants
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Collecting rents
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Handling other rental property tasks
So, if you don’t have time, you can hire a property manager. As they have the right knowledge about the tenants’ related issues. Some people think it is an extra cost. Yes. It is, but it gives you peace of mind and avoids you many unseen problems.
7. Introduce Tenant Security Policy
If you have a proper tenant security policy, you can keep your property safe. This plan should explain what both the landlord and tenants need to do.
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The security plan should include:
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Knowledge of place
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Cameras
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Keypad locks
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Alram systems
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Report suspicious activity
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Following local building rules
You also need to give them instructions for handling emergencies and provide contact information for local emergency services.
8. Regular Inspections
Proper inspection keeps your property in good health. You need to check the utilities inside and outside of the property. These inspections can avoid security problems and fix maintenance issues before they get worse.
Plus, you should check areas like doors, windows, locks, lighting, and security systems. By doing this, you can find out the defective spots.
9. Install Good Lighting
Good lighting improves the security of rental properties. As you know, intruders always have a fear of bright places.
Plus, you should make entrances, walkways, and parking areas have strong lighting. You can also install motion-activated lights. These can detect the motion of any intruders. Besides installing the lights, you also need to focus on the weak entrances of the house. This move will keep your house and tenant safe.
10. Install Smart Locks
As you know, there are several types of smart locks available on the market. You must invest in these locks to protect your rented property. Remember one face, regular lock can’t avoid the burglers because they know how to manage them. Plus, you can advise your tenants to use the smart app instead of regular keys for the main entrance. This way, there will be no chance of lost keys and someone making extra copies. Many smart locks also keep a record of who enters and leaves. This feature of the smart lock adds extra security.
Final Word
Keeping your rental property safe should be your priority. In this article, we have discussed the top tips to protect your rental property. Every preventive measure matters a lot, and you can’t overlook a single factor. Plus, landlords should have landlord insurance to cover unexpected damage. When renters feel safe and valued, they are more likely to stay longer. If you follow these tips, you can create a positive rental experience for your tenants.
Disclaimer:
CBD:
Qrius does not provide medical advice.
The Narcotic Drugs and Psychotropic Substances Act, 1985 (NDPS Act) outlaws the recreational use of cannabis products in India. CBD oil, manufactured under a license issued by the Drugs and Cosmetics Act, 1940, can be legally used in India for medicinal purposes only with a prescription, subject to specific conditions. Kindly refer to the legalities here.
The information on this website is for informational purposes only and is not a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of your physician or another qualified health provider with any questions regarding a medical condition or treatment. Never disregard professional medical advice or delay seeking it because of something you have read on this website.
Gambling:
As per the Public Gambling Act of 1867, all Indian states, except Goa, Daman, and Sikkim, prohibit gambling. Land-based casinos are legalized in Goa and Daman under the Goa, Daman and Diu Public Gambling Act 1976. In Sikkim, land-based casinos, online gambling, and e-gaming (games of chance) are legalized under the Sikkim Online Gaming (Regulation) Rules 2009. Only some Indian states have legalized online/regular lotteries, subject to state laws. Refer to the legalities here. Horse racing and betting on horse racing, including online betting, is permitted only in licensed premises in select states. Refer to the 1996 Supreme Court judgment for more information.
This article does not endorse or express the views of Qrius and/or its staff.
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