As a rental property owner in Redmond, you are always looking for options to reduce property maintenance costs. While there are a handful of things that are okay to skip, re-keying your rental property’s locks is not one of them. No matter how peaceful your last tenant left, be sure to have your property’s locks re-keyed between tenants. There are many reasons for this, the most important being the security of your property, the safety of future tenants, and boosting your rental’s appeal to new tenants.
Secure Your Property
Security should be a serious concern for landlords, whether your property is currently inhabited or not. Even non-permanent vacant properties can become targets for criminal activity and burglary. If your previous tenants copied their key and gave it to someone who was not on the lease, this is more likely to happen. To make your property secure and steer clear of criminal activity, you need to manage who has access to the property and when. This is achieved by re-keying your property’s exterior doors as soon as a tenant moves out.
Unreturned keys become an even more challenging issue for your future tenants. To feel secure in their rental homes, that’s what tenants want to feel. But if your previous tenants still have a key to the house, that feeling of safety may not be likely. If a previous tenant or a person they gave a key to does a break-in, you may be liable for any damage or injury that occurs. Beyond that, you will lose the trust of your current tenant, which may result in canceled leases and pricey turnovers. To achieve tenant safety, it’s essential to re-key the locks.
While the expense of re-keying the locks between tenants may make you hesitate, you can always use it as a selling point for your property. If a potential tenant is concerned about safety, you can put those fears to rest by guaranteeing that their locks have been re-keyed; and they may decide to get your property over other rentals in the area. If you can increase the value of your property, you may even be able to charge more for rent and get back anything you paid to have the locks re-keyed.
Alternatives to Re-Keying
Current landlords are seeking other options to help ensure the safety of their property and tenant. A handful of landlords find it more cost-effective to install an electronic keypad or smart key product instead of re-keying the locks each time a tenant moves out. While that route can cost more upfront, the benefit is that you can simply change the key code or smart key tool yourself. Perhaps the toughest part of these alternatives is remembering to do it as part of the move-out process.
DIY or Hire a Pro?
If you can, you may be able to re-key the locks of your rental property yourself. It does take a bit of know-how. However, it can be a challenging thing to do. To ensure the task is done right, you may instead choose to hire a professional to come in and do it for you. It could be a bit less pricey than replacing the entire lock, knob, or deadbolt. The most crucial thing to note is that it is done accurately and that you have a brand new set of keys to give to your new tenant.
Tenant move-out can be a frantic time for property owners. Why not allow the professionals at Real Property Management Eclipse to do it for you? Our Redmond property managers are skillful at managing all aspects the move-out process requires and can find you a fantastic new tenant as well! To learn more, contact us online or call us at 425-209-0252.
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