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Multi-tenant residential access control
16-12-2021
Multi-tenant residential access control
How Multi-Tenant Residential Buildings Can Get the Most Out of Access Control and Security Solutions
As a multi-tenant residential building owner, you want to provide the best possible living experience for your residents. However, with so many people coming and going all day long it can be difficult to maintain order. To help keep things organized and secure, access control solutions are an excellent investment. With access control systems in place, you will never have to worry about unauthorized visitors entering the building or tampering with any of the common areas. You’ll also reduce theft by locking up apartments that may otherwise be left open during the day while people are at work or school.
Increase desirability & revenue potential
In addition to the practical benefits of access control, installing an access system can also increase the desirability and value of your multi-tenant residential building. By providing a sense of security and privacy, you’ll make your building more appealing to potential residents. And since many access control systems are now integrated with features like video surveillance and wireless locking you can increase your ROI.
The multi-tenant housing market is vast and growing. Wireless locks allow you to easily monitor leasing activity, manage entry control for multiple buildings from a single account, and implement flexible access policies across your portfolio of properties quickly and affordably.
2016 was the best year ever for multifamily investment sales with high demand in most major markets. The key drivers for this growth have been attributed to multi-tenant residential buildings having the ability to charge more rent and increase their return on investment (ROI).
One of the most important ways building owners can maximize profits is through access control and security solutions. For example, you can set up different access privileges for each tenant, depending on their lease agreement. This allows you to provide a higher level of security and restrict access to certain areas of the building only to those who are authorized.
Prevent a catastrophic and expensive re-keying scenario
When you have a multi-tenant building, it’s inevitable that at some point one of your locks will need to be rekeyed. This can be a costly and time-consuming process, especially if you have to call in a professional locksmith. By installing an access control system, you can prevent this from happening. With the right system in place, you can simply rekey the locks for all of your tenants with the click of a button. This will save you time and money, and prevent any potential headaches down the road.
As a multi-tenant residential building owner, access control should be one of your top priorities. By installing an access system you’ll not only keep your building more secure, but you’ll also make it more desirable to potential tenants. And with the right system in place, you can easily rekey all of your locks without any hassle or expense.
Manage tenant and employee access
Access control systems make managing tenant and employee access much easier than traditional key locks. With a key lock system, you have to keep track of who has which keys and manage changes when someone moves out or new employees start working. This can be difficult and time-consuming.
With an access control system, all you need to do is create a list of authorized users and specify the permissions for each one. You can easily add or remove people from the list as needed, and change their permissions without having to rekey any locks. Access control systems are also great for tracking employee hours. By logging in when employees enter and exit the building, you can ensure that they’re not abusing their access privileges.
Recover revenue by preventing illegal residents subleasing
One of the biggest problems multi-tenant residential buildings face is illegal subleasing. Tenants who break their lease and rent out their apartment or room to someone else without your permission can cause a lot of headaches for you, as well as damage your reputation with future tenants.
With an access control system in place, you’ll be able to easily track entry into each unit and determine if any unauthorized residents are living there. You’ll also have peace of mind knowing that unauthorized residents won’t be able to gain access to certain areas like common spaces and laundry rooms by using another tenant’s code. Plus, it will prevent current tenants from illegally renting out their space when they leave – keeping more revenue in your pocket!
Address unsanctioned residents or late rent payment
In addition to preventing illegal subleasing, access control can also be used to address other problems like unsanctioned residents or late rent payments. By tracking when tenants enter and exit the building, you’ll be able to identify anyone who is not following their lease agreement. This can help you take action against bad tenants before they cause too much damage, and helps ensure that everyone is paying their rent on time.
An access control system is a must-have for any multi-tenant residential building owner. It provides security and peace of mind while making it easier to manage tenant and employee access. Plus, it can help you recover lost revenue from unauthorized residents or late rent payments.
Run everything from one software package
One of the biggest benefits multi-tenant residential buildings will see from access control is that it can run everything from a single software package. This means you won’t have to deal with multiple apps or platforms for building security, resident management, and more – all your tools are in one place!
This saves multi-tenant residential building owners time as there’s no need to switch between different software packages to manage your building. Instead, you’ll be able to focus on running your facility by getting an overview of what’s going on without having to toggle back and forth between software.
If you’re looking for a more secure way to manage access for your multi-tenant residential building, then an access control system is the answer. With this type of system in place, you’ll be able to keep track of who has access to what, prevent unauthorized residents from living in your building, and more.
For more information on Multi-tenant residential access control talk to Keri Systems UK Limited
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