As rental properties continue to include more modern and convenient features, keyless entry systems are popular. They don’t require a physical key and can instead have a programmed code, which both locks and unlocks the property’s door. While some systems have a backup key or remote, others rely exclusively on codes.
There’s no question that keyless entry systems for apartments and multi-unit buildings have their advantages. But what are some of the disadvantages, and should you invest in these systems? Here’s what you need to know!
Pro: Lower Risk for Break-Ins
With no physical key to steal or duplicate, keyless entry systems lower the risk that someone would break into your building or apartments. There’s no hole for a key, which keeps apartments or multi-unit buildings safer, especially between vacancies or when people know the neighbors are away. This improved security is one of the biggest benefits of keyless entry systems!
One of the disadvantages of a keyless entry system is the cost. These systems can cost several hundred dollars, although you do have the advantage of not having to keep up with lock changes. Lock changes may be relatively inexpensive, but their costs add up over time, especially if you have a large multi-family building.
Pro: Easier to Turn Over Units
Keyless entry systems simplify the turnover process. You won’t need to wait for tenants to turn in physical keys or take the time to have the locks changed and create new keys. You simply program a new code for the unit after the tenant moves out, which eliminates the need for you to spend any more time or money than necessary when turning over an apartment.
Con: Worn Numbers Pose a Security Risk
Keyless entry means a code will need to be entered into the keypad for the tenant to gain access. If a person leaves their apartment several times a day and has to enter the code each time, the numbers on the pad can eventually show some wear. This can not only make the numbers hard to read for the tenants after them, but could pose a security risk by making the most-used numbers visible to unauthorized parties, who can try to guess the code. Keyless entry systems do require some maintenance over time, as with any entry system.
Pro: Appeal to Renters
Renters enjoy keyless entry systems because they’re more convenient than keeping track of a physical set of keys, and they never have to worry that they’ll be locked out of their home. This takes stress off the landlord or property manager as well, as they won’t get calls from tenants who have locked themselves out. Keyless systems also work as an advantage when you’re showing the unit or having maintenance done: you won’t have to pass around physical keys, which can not only spread germs, but be time-consuming.
Are Keyless Entry Systems Worth the Investment?
Keyless entry systems are easy to install and don’t require any changes your existing door. But are they worth the investment? Find out if your apartment or multi-unit building in DC could benefit from keyless entry systems with us at FAS Management. Our professional property managers help you better understand the pros and cons of this potential investment. Contact us today to find out more at (202) 337-5080!