Properties have become an essential investment for investors in the United States. Nearly seven million homes were purchased last year, despite the rising prices. Although most of these were first-time buyers, some were investing more money into a second property.
It’s estimated that there are now about 7.5 million second homes in the United States. Some people use these as vacation homes, while others utilize them for business purposes. But it’s sufficient to say that these are excellent investments in real estate. Moreover, it’s not only residential homes that people invest in. Properties such as land, apartments, and even commercial buildings are up for sale in the market.
With the number of properties increasing, the demand for security systems increases. Home security has always been a top priority for homeowners, but with the rise in burglaries, home invasions, and other crimes, it has become even more crucial. Business owners are also investing in security systems to protect their assets.
Occupancy Monitoring
Landlords know that their occupants can bring more trouble into their properties than criminals. Many landlords are now using occupancy sensors to monitor their units.
If a unit is unoccupied for too long, the landlord will be alerted so that they can check on the property. It helps to deter crime and also helps to keep an eye on the property even when the landlord is not around.
Moreover, a live feed system can also help monitor occupants without interfering with their daily lives. For example, a security company can install a video surveillance system inside the property in public areas like common rooms and parking lots to keep an eye out on occupants.
Landlords are also investing more into a hosted central station. These stations help reduce the overall costs of monitoring live feeds. Moreover, they are far more convenient for them to use. When investing in a service such as this one, ensure that they are part of different monitoring associations. This ensures that the service you hired is legitimate. Additionally, it makes it easier for you to report any wrong-doings that the service might do.
Lastly, landlords are also taking more digital approaches to background checks for their potential occupants. For example, screening services are now being used to check for any criminal records or other red flags that might make someone an unsuitable tenant. It helps keep landlords and their properties safe from any potential trouble that an occupant might bring.
Access Control
One of the most critical aspects of property security is controlling who has access to the property. Landlords can do this in several ways, but one of the most common methods is using an access control system.
An access control system allows landlords to restrict entry into the property to only those authorized. It can be done using various methods such as key cards, fobs, or even biometrics. Landlords can also set up different levels of access for different people. For example, they can allow some people to enter the property during certain hours while others might have 24/7 access.
Access control systems are becoming increasingly popular among landlords as they provide a high level of security. They are also very convenient as landlords can control them remotely.
The average cost of an access control system can vary depending on the system used. For example, a key card system might cost around $500, while a biometric system can cost upwards of $1,000. However, a whole system usually costs around $1,500 to $3,000.
Intrusion Detection
Intrusion detection systems are another critical aspect of property security. These systems help to detect any unauthorized entry into the property. They can be either passive or active. Passive intrusion detection systems only notify the landlord when there has been an unauthorized entry. On the other hand, active intrusion detection systems will also take action to stop the intruder.
Intrusion detection systems can be either physical or electronic. Physical intrusion detection systems include things like locks and alarms. On the other hand, electronic intrusion detection systems use sensors to detect any unauthorized activity.
There are many different types of intrusion detection systems available in the market. But it’s essential to choose one that is best suited for the property. For example, a commercial building will require a different system than a residential property.
Fire Safety
Fire safety is another vital aspect of property security. It’s because fires can not only cause damage to the property but can also put people’s lives at risk.
There are several different fire safety systems available in the market. But it’s essential to choose one that is best suited for the property. For example, a commercial building will require a different system than a residential property.
The most common type of fire safety system is a sprinkler system. Sprinkler systems are designed to extinguish fires automatically. They are usually installed in high-risk areas like kitchens and storage rooms.
Another popular type of fire safety system is a smoke detector. Smoke detectors are designed to detect smoke and raise the alarm. This helps to notify people on a fire’s property so they can take action to extinguish it.
Fire safety systems are usually very effective at preventing fires. But it’s essential to regularly test and maintain them to ensure they are working correctly.
As more and more people invest in properties, the need for property security becomes increasingly important. These trends show the rising importance of property security and the different systems available to landlords. By being aware of these trends, landlords can be better prepared to protect their properties and those living in them.