As a Dearborn rental property owner, you are incessantly going in search of processes to reduce property maintenance costs. Even though there are various things you could be able to do to cut corners easily and safely, re-keying your rental property’s locks is not one of them. Irrespective of how graciously your last tenant left, you should always have your property’s locks re-keyed between tenants. There are numerous considerations for this, the most significant being the security of your property, the safety of future tenants, and helping improve your rental’s appeal to new tenants.
Secure Your Property
Security could 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 possible if your previous tenants copied their key and gave it to someone who was not on the lease. To maintain and keep your property secure and to restrict criminal activity, you need to be able to control who has access to the property and when. You can do this by re-keying your property’s exterior doors whenever a tenant moves out.
Unreturned keys turn out to be even greater trouble for your future tenants. Tenants need to feel at ease in their rental homes. But, really, if your former tenants still have a key to the house, that feeling of well-being and safety may be a perilous illusion. If a past tenant or someone they gave a key to does a break-in, you may actually find yourself answerable for any damage or injury that follows. You will further lose the trust of your tenant, which may give rise to canceled leases and a 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 make you hesitant and hold back, you can put it to use as a selling point for your property. If a prospective tenant is troubled about safety, you can ease those fears by guaranteeing that their locks have been re-keyed; and they may select your property over identical rentals in the locale. If you can increase demand for your property this way, you may even be able to impose a little more for rent and effortlessly regain anything paid to have the locks re-keyed.
Alternatives to Re-Keying
Today’s landlords are looking for other ways to help make sure the safety of their property and tenant. As an example, instead of re-keying the locks each time a tenant moves out, several landlords find it more economical to set up an electronic keypad or smart key product alternatively. Conceding that such alternatives do cost more upfront, the payoff is that you can effortlessly change the key code or smart key tool yourself. Probably the most stressful thing regarding 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. Despite the fact that it is not a tough thing to accomplish, it does take a bit of skill. To make sure the job is executed correctly, you may be better off hiring a professional to come in and carry it out for you. It may be a bit less costly than replacing the entire lock, knob, or deadbolt. The most essential thing is that it is conducted correctly and that you have a completely new set of keys to give to your new tenant.
Tenant move-out can be a busy time for property owners. Why not let the professionals at Real Property Management Metro Detroit do it for you? Our Dearborn property managers are capable of handling everything the move-out process requires and can find you a great new tenant as well! To learn more, contact us online or call us at 248-808-6550.
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