As a Saratoga Springs rental property owner, you are frequently in search of methods to reduce property maintenance costs. Even though there are some things you can be able to put into effect to cut corners quite safely, re-keying your rental property’s locks is absolutely not one of them. No matter how courteously your last tenant left, you should always have your property’s locks re-keyed between tenants. There are solid grounds for this, the most necessary being the security of your property, the safety of future tenants, and helping develop and boost your rental’s appeal to new tenants.
Secure Your Property
Security has to be the 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 made so much more likely if your previous tenants copied their key and handed it over to someone who was not on the lease. To hold and keep your property secure and to block criminal activity, you should be able to control who has access to the property and when. You can do this more simply by re-keying your property’s exterior doors in the case a tenant moves out.
Unreturned keys turn out to be an even more serious concern for your future tenants. Tenants hope to feel shielded and safe in their rental homes. Though, if your outgoing tenants still have a key to the house, that feeling of safety and security may be a detrimental illusion. If a past tenant or someone they gave a key to does break-in, you may see yourself accountable for any damage or injury that happens. You will additionally lose the trust of your tenant, which may bring about canceled leases and costly turnover. To make tenant safety a reality, it’s important to re-key the locks.
Although the cost of re-keying the locks between tenants may keep you back from doing it, you can have it as a selling point for your property. If a prospective tenant is concerned about safety, you can reduce those fears by guaranteeing that their locks have been re-keyed; and they may pick out your property over comparable rentals in the area. If you can increase demand for your property this way, you may even be able to ask a bit more for rent and immediately earn back anything paid to have the locks re-keyed.
Alternatives to Re-Keying
Today’s landlords are inquiring about other effective ways to help secure the safety of their property and tenant. For example, instead of re-keying the locks each time a tenant moves out, many landlords find it more affordable in the end to use an electronic keypad or smart key product. Despite the fact that such preferences do cost more upfront, the great thing is that you can very easily change the key code or smart key tool yourself. Quite possibly the hardest factor in 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. Even though it is not a complicated thing to do, it does take a bit of expertise. To make certain the job is carried about correctly, you may rather select to hire a professional to come in and carry it out for you. It may perhaps be more affordable than replacing the entire lock, knob, or deadbolt. The most imperative thing is that it is completed correctly and that you have a totally new set of keys to give to your new tenant.
Tenant move-out can be a rather busy, stressful time for property owners. Why not let the professionals at Real Property Management Utah County do it for you? Our Saratoga Springs property managers are well-trained at handling everything the move-out process requires and can 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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