Smart home technology continues to flood the market with promises of making life more hassle free. If you’re ready to dismiss it as an unnecessary expense, you may want to reconsider. Smart devices can make your property more attractive to renters, increase cash flow, and reduce costs. We believe these devices can enhance your Salt Lake Property Management experience.

Smart Locks

These gadgets won’t break the bank and allow keyless entry. Many options are on the market with features to suit a Keyrenter Salt Lake landlord’s needs. Some models combine a traditional lock and keypad to punch in an access code. Others work in tandem with smartphones to lock and unlock doors remotely. Here’s what you can achieve with smart locks:

• Eliminate the expense of changing locks when tenants vacate your property.
• Provide temporary access codes to contractors, maintenance workers, and other authorized parties.
• Attract tech-hungry tenants without alienating non-techies using a traditional lock and keypad combo.
• Reduce security threats derived from putting spare keys under welcome mats or in flower pots.
• Track access codes to monitor who enters the property and when.

Although the benefits mentioned above will depend on the model you select, the added value is clear.

Smart Smoke & CO Detectors

For Property Management Companies Salt Lake, smoke detectors are important for home safety. Thanks to smart technology, the best detectors combine smoke and carbon monoxide (CO) detection with impressive features.

Imagine a detector that can eliminate headaches like climbing on ladders to ensure batteries are working. The most sophisticated devices can self-test making maintenance issues a breeze. Self-tests ensure batteries, sensors, and alarms are in working order. Other highlights include voice alarms and mobile alerts when something goes wrong.

Smart Security Systems

With a smart security system, you can save as much as 20 percent on home insurance premiums for your Salt Lake Property. Management for constant monitoring can be obtained without an annual contract with some companies – a benefit if tenants will assume the expense. Other possible features include zero upfront costs and straightforward installation that eliminates damage to walls. Some devices are portable, which allows them to be moved from one property to the next. Others operate independently of the internet to ensure protection if a network connection is lost.

Smart Thermostats

Proof that home automation isn’t just trendy, smart thermostats controls energy consumption to reduce living costs. Salt Lake Property Management tenants and landlords are sure to appreciate saving money on utilities. The most knock-out features include sensing movement to determine which rooms need more heating or cooling and adjusting energy efficiency settings based on how you live.

For a few hundred dollars, a landlord can market a rental as a smart home and command a higher rent. And since smart technology is probably here to stay, landlords can explore just how it can be leveraged to add value for tenants while enhancing investment portfolios. Keyrenter Salt Lake is ready to help you further this quest.

Renting can be expensive, and saving money in any way possible is often advised by most. Energy bills alone can make up the majority of your monthly expenses, and this can often put a lot of stress on the family. Unlike monthly rent, utilities tend to vary in nature and price. One month could be quite cheap, while the next could be more expensive. Living in a rental unit of any kind requires a bit of budgeting to remain ahead.There are a few appliances available on the market for renters to purchase that should save them quite a bit of money per month. These items can be had for relatively low cost, but for more expensive options, consider it an investment in the long-run.

Coffee Pot

A coffee pot seems like something most would already own, but many renters don’t realize how much money they can save. The average cup of joe from down the road will set you back about $4 per cup, which adds up quickly if you drink the strong substance every single day.

A coffee maker can be purchased for anywhere between $50 and $80 for a pretty decent model that will last for a long time. A single pound of coffee will generally run you around $10. That seems like a quite upfront cost, but the savings will be clear in the long-run for most who drink daily.

Conventional Oven

If at all possible, avoid using any type of oven within your rental home or apartment. The energy cost will begin to affect you after long. An oven generally runs through a lot of energy very quickly.

If you need to use the oven, invest in a conventional oven, which requires far less energy than other options. You can cook a variety of meals on said oven but on a smaller scale.

Those who like to cook a full-size pizza or bake an entire chicken will want to keep their oven, more often than not. Those who live alone and can live off smaller meals, though, you should absolutely opt for a conventional oven for their cooking needs.

Lamps

Every single home in the entire country – whether rental or not – features overhead lights to illuminate every room in the house or apartment. Believe it or not, these overhead lights actually cost quite a bit of money to keep running throughout the day or night.

A great, cost-efficient alternative would be to purchase a few floor lamps and install compact fluorescent light bulbs for double the savings power. Your energy bill will be far more efficient.

Working with Keyrenter Salt Lake, an Salt Lake Property Management company, can be a truly rewarding experience for a young family or those seeking a smaller apartment to live closer to the Salt Lake city center.

Property Management Companies in Salt Lake, like Keyrenter Salt Lake, are dedicated to detailing the most cost-efficient options for every renter and their apartment or rental home. We hope these 3 Money-Saving Appliances are a great suggestion for you. Saving a bit of money is great in the long-run!

As a landlord, you may have numerous properties that you manage or only one room that you rent out. Regardless of the number of spaces you need to fill, every landlord can agree that an empty space does not pay the bills and wears on their minds until occupied once again. Exactly how can you ensure that your properties remain filled with happy tenants? Here you will find four helpful tips to market your rental listings to prospective customers that will ensure you make the most of your properties.

Referrals

Never underestimate the power of spreading ideas via word of mouth. Letting your own tenants advertise for you to their friends and family is not only a free method, it is often times the most effective for finding quality renters who will get along with other tenants you already have. This is especially true for landlords who keep their customers happy and renewing for long periods of time as their recommendations can work far more powerfully than any paid listings to the right people. You may also consider a bonus program for referrals such as discounts or gift cards as incentives.

Online Listings

Continuing on from word of mouth, one of the first places you should build a presence on social media. Accounts on Twitter and Facebook create a lasting impression that fosters trust and lets prospective tenants know the status of your properties’ availabilities year-round. Free listings can also ensure that the right renters are viewing your listings to fill those empty spaces as quickly as possible.

Window Signs

While it may seem like a no-brainer, it is worth mentioning that a “For Rent” sign in your property’s window can draw in foot traffic. It may not be as far-reaching as the other methods in this list, but it has the added benefit of drawing in the people who are already in the area who may be looking to stay local. If that isn’t enough, don’t forget that this method is also free!

Property Management Offices

Larger real estate companies often times encourage rental referrals for a fee that can get your space noticed by those looking into larger, more advertised places. Not only that, property management specialists can help get you listings in the appropriate areas. Sites such as KeyrenterSalt Lake.com are excellent resources for new landlords to get advice and ensure their properties are not vacant for long.

If you can implement these marketing strategies into your own unique ideas, you are guaranteed to fill any empty slots you have in your rental spaces. Remember, none of these is a sure-fire way on their own. Each is most effective in combination with the others. Find a set of methods that works best for you, and let the profits begging to flow steadily in.