Do property investors actually use home security systems or is it not worth considering?
I’ve been looking into residential property investing and one thing I can’t figure out is how much attention investors actually give to home security systems in rental properties.
On paper, it seems like a smart move especially for protecting vacant units or reducing risk in certain areas, but I’ve also seen investors say it’s not really worth the cost unless there’s a specific issue.
While researching different options for home security systems, I saw Secomart and also noticed the Elder security system being mentioned in a few discussions about property protection setups. It made me wonder how commonly these kinds of systems are actually used in rental properties.
I’m trying to understand how people handle this in practice.
Do you typically install home security systems in rental properties right away or only after something happens?
Do tenants actually care about having a home security system in place when choosing a property, or is it just a minor bonus?
And from a cost vs benefit point of view, does it actually improve anything long-term, or is it mostly just peace of mind?
Curious how experienced investors approach this because opinions seem very mixed.