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9 Quick Tips on Keeping your Rental Properties Safe

 

When you own rental properties it is important to keep a few basic things in mind to ensure not only the safety and security of the property but also to minimize safety risks for your tenants.

#1 First and foremost protect your own investment by having the proper insurance coverage and liability insurance that protects your asset and protects you as the owner.

#2 Check your city and state ordinances to make sure that you are following minimum requirements for safety and security of your property.

#3 Provide good outdoor lighting sources. Having exterior lighting that is strategically placed can deter any unwanted prowlers around the home.

#4 Install heavy duty, durable doors with deadbolts. Providing a steel door with a good deadbolt system can prevent break-ins from happening.

#5 Make sure all the windows are able to be locked and have proper screens or storm windows.

#6 Have a routine maintenance schedule that checks the furnace, water heater, wiring to make sure that these things are all working and non hazardous.

#7 If your rental property has a fireplace it is essential to have it cleaned out or inspected frequently. This can prevent a tragic fire or smoke damage in the home.

#8 Remind your tenants of the importance of smoke and CO2 Detector battery checks on a regular basis.

#9 If your property is in questionable area then consider installing amonitored alarm system.

Keeping aware of these items can make the difference for both you and your tenants in how safe your properties are and show the level of care that you provide in your properties AND your tenant safety.

TJ Lokboj

TJ Lokboj is an entrepreneur with a passion for adding value to the real estate investing industry through adopting digital transformation. Some of TJs companies have been featured in Yahoo Finance, Morningstar, Benzinga, and many other publications.

TJ is the managing partner of Holdfolio, a real estate investment firm that leverages a premier crowdfunding platform.

He is also a member of the Forbes real estate council and co-founded SyndicationPro, which is the #1 syndication management SaaS solution in the market today.

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