There are several ways to make money, and real estate remains one of the most lucrative. You have the opportunity to make a great amount of money when you own a room, a home, or a set of apartments. However, owning them does not guarantee your shot at making a profit, but making them presentable will.
The first impressions of your property play a pivotal role in attracting potential buyers or renters. Therefore, investing in various aspects of your building is vital to make it stand out. This article is for you if you’re an apartment building owner looking for smart ways to upgrade your property.
An apartment building might use shared facilities and amenities depending on its design. These areas usually require easy access for all tenants. A smart way of ensuring that while these spaces are easy to access, they can only be used by residents is by employing keyless entry systems.
A typical example of such a system is the key fob entry system, which features a unique code system activated when the device comes into contact with its assigned cards. Keyless systems are great for spaces where security is needed, alongside easy access.
Most buildings, especially commercial facilities, are designed with touchless entry access control systems. Access control systems are a must-have in the building technology environment, as they help improve the safety and security of all facilities. Newer versions of access control systems utilise cloud-based security backup together with a touchless system that encourages contamination control and social distancing. Thanks to the pandemic, there is a deeper understanding of how vital these two are to public health.
Your tenants or buyers spend many hours outside their homes, either in school or at work. Understandably, during those long hours, they may be concerned about what might be happening in your home regarding security and safety. They would also want smart solutions that make living in the apartment more convenient.
Thanks to technology, there are several tools to help you address this concern. You should consider implementing smart home solutions such as Amazon Echo or the Ring home system. These features allow tenants to live more conveniently and securely.
Not everyone who enters an apartment building is a visitor. Some of such individuals seek to steal or undertake illicit activities. To curb the presence of this small demographic, apartment buildings and property managers need to ensure that visitors are checked and adequately managed. All visitors allowed into the building need to be given access only when their destination is known. For semi-private spaces like apartment gyms and pools, apartment owners should allow for seamless entry and usage of these amenities by visitors without disturbing the entire complex.
As an apartment building owner, your space’s safety, security and hygiene should be paramount. If you’re looking for a higher ROI on your projects, including leading building technology features and smart upgrades is the best step.